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Finance General

Robert Kiyosaki “Rich Dad-Poor Dad ” Author has warned a massive market crash!!

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Robert Kiyosaki

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the markets are in turmoil everything is shifting and if you’re not paying attention you’re gonna get wiped out this is about the greatest bubble and for those of you with a 401k or hoping for retirement or playing golf for the rest of your life you better pay attention! because I think and a lot of other people think the biggest stock market crash is on us now.

what is going on in the world right now has never happened in the history of the world I mean I knew our leaders were screwed up but not this scooter so the crash is bigger than I thought so the march of 2020 was the biggest crash in the world history of the stock market but nobody knows anything about it because everybody’s quarantined at home thinking about coronaviruses and social distancing and wearing a face mask, so people are missing out on one of the biggest catastrophic cash heists in the history of the world they don’t even know what’s happening now the good news is I’m going to make a fortune this is the best time if you’re ready for it I want you guys for sitting at home you know licking your wounds and wondering when you’re going to go back to work and they can get your lattes and cappuccinos and pizzas just know you might be missing one of the biggest opportunities in the history of the world because our governments have really screwed up I won’t talk about the conspiracy but something’s fishy about this corona crisis, why did they

have to shut down the whole damn world and I think it’s because they’re covering up something very very big I mean how can you shut down the whole world economy and the reason that’s really good news is that both the fed and the treasury they’re supposed to be separate but they’re now scratching each other’s back which proves they’re never separate at all and most people that don’t make any sense to them and that’s why this is probably the most important program but it’s not see most people just watch the stock market that’s all they watch they don’t know much about whether much to home prices in their neighborhood and that’s not good enough what does the future hold right now when you look at the future the baby boomers are old guys you know they’re the first generation I think to have a 401k because we came off what’s called the fine benefit pension plan and went to a defined contribution which is the 401k or ira or steps so the baby boom is for the first generation to be hanging with their butt out in the air right now and if the market crashes they’re gone whereas my parent’s generation the world war ii generation had a defined benefit pension plan that’s like what ford still gives out I think so if the market crashed ford still made sure you got a paycheck for life so the baby boomers you’re screwed listen to  this program now and if you’re the kid or child or grandkid of a baby boomer you better listen up too because you don’t want grandpa and grandma moving in with you when they get wiped out in this next crash but if you’re feeling bad this is your program if you’re worried about what’s going to happen to mwah this is your program so we’re here to save your soul and your checkbook so let me show you what’s happening in the world economy today you don’t have to go to harvard you don’t have to go to oxford this is called economics it’s called bubble economics what’s happening in the world today and the schools all over the world all over the world, every country is doing this right now rather than paying their bills they’re pretty money and the economy stays safe for a while in 2000 it crashed but did they fix the problem no in 2008 it crashed again did they fix the problem no now you have to go to harvard or yale or oxford or princeton to know what’s going to happen next what it does is keeps makes the real estate market hot makes real estate hot it makes the bond market hot but it’s based on bubble nomics you don’t have to go to college to know this so today the united states that social security is going bust teacher’s pensions are going bust state pensions are going best social security is bust medicare is going bust and what’s the united states doing so let me ask this question what’s going to happen if we keep going so what’s going to happen that’s what’s going to happen and that’s what happened to my classmates, there are great pilots for united airlines they’re broke they went to college and have college degrees they have no pension because they drank the kool-aid of going to school get a job and get a pension and this crash here may be the end of the earth and what’s probably going to happen is called mmt; mmt is a modern monetary theory I call it Marxist money monetary theory and that’s why bernie sanders and elizabeth warren they said let’s attack the rich let’s attack the rich and they hate trump and people are blaming trump now for this crash and I said it was already in the cards 2016. it was going to go down anyway it’s just that trump got elected whatever goes up has to come down and it’s coming down the biggest ever the board is bright red so the biggest thing here is that what I say to young people is investing in this here because that’s all I did but the reason we believe in teaching people to fish our school system teaches you to give people fish and there’s twenty percent of the populist 80 20 rules called

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Prado’s law eighty percent versus twenty percent so eighty percent of the people need to learn how to fish 20 percent need to be given fish the problem is what Bernie Sanders and Elizabeth Warren and all these socialists and communists are saying they’re good people I agree with them but the number of people who need to be given fish only increases so you can listen to the school teachers who say that we should take care of the poor and we should but not by giving them money as I’m talking about the economy dying the reason I say that is the fed is incompetent now the fed what I mean by incompetent they can’t save us it’s gone too far they’ve been printing money since 1971 and instead of fixing the problem they just kept making the problem worse so let me give you an idea how much a trillion is and why I’m saying the fed

is incompetent and dying so a trillion dollars is a lot of money and all you have to do today is hit a button you know you don’t have to print

it anymore just hit a button say one trillion to a trillion so if you spent a dollar every second it would take you 35 000 years to spend a trillion dollars I don’t know about you but I don’t think you and I are going to be around in 35 000 years but I think they just printed three or four  trillion dollars in the last few months that’s how much they’re printing so if you’re saving money you know I’ll pray for you tonight because your savings are actually real money in other words if you worked for it and you paid the taxes on that money you worked for that’s real legitimate money, unfortunately, the fed is printing trillions and they’re going to pay you nothing for your savings I mean you know when i was a kid i got 15 on my savings today you get nothing so the fed is screwing you that’s the term what I understand about bitcoin is that they just had a having and a havoc means they print less of it at the same time, bitcoin is printing less the fed is printing trillions now you don’t need a degree in rocket science to figure that one out you know they’re the fed is making the u.s dollar or any currency the yen the euro the peso softer bitcoin is getting harder gold is getting harder silver is getting harder that’s why i don’t buy gold silver and bitcoin to get rich I just hate getting screwed by the  federal reserve bank of the treasury so if you want to keep saving money and putting it in the stock market or power to you but all that paper stuff is printed and the ceos of these stock market companies they did a side deal with the fed so the fed was learning them billions of dollars for them to jack their stock price up so the stock prices are at this artificial high and all mom and pop are watching their 401ks or irras and the stocks are this high and the fed keeps renting more money keeps giving the ceos indirectly because they can’t do it directly they do it through what’s called srv’s special something vehicle it’s criminals what they’re doing and they give the ceos the money and they pop the stock market up that’s why we’re in serious trouble that’s my opinion i hope I’m wrong and then they’re going to

try and put guys like me in jail happens every time so this here is it this is our schools go to school get a job to become a small entrepreneur

you know to start a pizza shop or something I don’t do that because these guys pay 40 in taxes remember money is debt and taxes they work for the money they pay 40 taxes they work for the money they pay 60 in taxes so the small entrepreneurs the guys who are just startups are going to pay the highest taxes around but the big business guys like Elon Musk and bill gates and rich dad here we only pay 20 tax for inside investors I put my own deals together I don’t touch stocks files mutual funds ETFs I’ll create my own deal with the water deal I talked about I’m doing a green

new deal but I’ll pay no taxes at all and that’s what financial education does.

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