Bestselling financial author Robert Kiyosaki issued a stark warning by claiming the US is barreling toward an unprecedented economic catastrophe. 

Kiyosaki warns that the upcoming economic downturn will be more severe than the Great Depression, making the 2008 financial crisis seem insignificant in comparison, potentially becoming the worst economic event since the 1930s.

‘This is not just another downturn,’ Kiyosaki declared in a viral X post. ‘The U.S.A. may be heading for a GREATER DEPRESSION.’

Known for predicting the Lehman Brothers collapse in 2008, Kiyosaki authored Rich Dad Poor Dad in 2002, which remains a seminal work in personal finance literature.

He points to an alarming mix of skyrocketing credit card debt, escalating national debts, rising unemployment rates, and dwindling retirement funds as harbingers of a catastrophic economic unraveling.

‘In 2025, credit card debt is at all-time highs. US debt is at all-time highs. Unemployment is rising. 401(k)’s are losing,’ he wrote. 

‘This coming Great Depression will cause millions to be poor … and a few who take action may enjoy great wealth and freedom.’

According to the Federal Reserve Bank of New York, Americans are now drowning under $1.21 trillion in credit card debt – an all-time high, a national debt of $36.22 trillion, and a jobless rate that ticked up to 4.2% in March. 

Bestselling financial author Robert Kiyosaki is warning how the United States is barreling toward an unprecedented economic catastrophe

Kiyosaki is pictured with future president Donald Trump in 2006 after launching their book Why We Want You To Be Rich – Two Men: One Message. The picture was taken months before the investor predicted risky investments in the US housing market would cause it to collapse

Kiyosaki says that the next downturn will eclipse the Great Depression and make the 2008 crash look minor by comparison and worse than anything seen since the 1930s

For many, their 401(k)s, once viewed as the backbone of retirement, are now in the red.

Far from a recession, Kiyosaki’s prediction is suggesting there will economic annihilation and that people should pivot into what he considers the only real shelters left: Bitcoin, gold, and silver.

‘For those who take action today, when the crash crashes, those who invest in just one Bitcoin, or some gold, or silver … You may come through this crisis a very rich person,’ he urged.

Gold is trading around $3,300 per ounce, having blown past the once-daunting $2,000 mark. Silver, too, has climbed, and Bitcoin, despite its volatility, recently broke $110,000 per coin but Kiyosaki says the real explosion is yet to come.

‘I strongly believe, by 2035, that one Bitcoin will be over $1 million. Gold will be $30K and silver $3,000 a coin,’ he declared.

Ray Dalio, founder of Bridgewater Associates, echoed Kiyosaki’s sentiment in February, telling CNBC, ‘People don’t have, typically, an adequate amount of gold in their portfolio,’ adding, ‘when bad times come, gold is a very effective diversifier.’

Kiyosaki, 78, agrees and has been advising Americans to stock up for years. 

Back in October 2023, he warned: ‘Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop, gold $3,700.’

Kyosaki predicts Bitcoin will reach $1 million by 2035 – a lofty prediction considering the crtpyocurrency’s value currently sits at $110,000

Indeed, financial firms have introduced easier ways to invest including gold-backed retirement accounts, known as Gold IRAs, which combine the tax advantages of IRAs with the safety of physical bullion.

Kiyosaki has always challenged conventional wisdom even when it comes to the American Dream of home ownership.

‘Your house is not an asset,’ he told finance YouTuber Sharan Hegde in September 2023. 

‘If it puts money in my pocket, it’s an asset. If my house is taking money from my pocket, it’s a liability.’

Instead, he advocates for rental properties – investments that pay you, rather than drain you. 

Through crowdfunding platforms like Arrived, even those with limited capital can buy into vetted rental homes for as little as $100 and begin earning income – no landlords, no leaky faucets, no nightmare tenants.

‘Most people will be wiped out,’ Kiyosaki warned in a separate post. ‘But not you. Not if you start now.’

Kiyosaki’s boldest bet, however, remains on Bitcoin.

In November, he posted: ‘Bitcoin will soon break $100,000.’ By early December, that prediction came true. While the digital currency has since fluctuated, his long-term vision remains wildly bullish.

Twitter co-founder Jack Dorsey similarly predicted in May 2024 that Bitcoin would hit at least $1 million by 2030 – and perhaps far beyond.

Crypto platforms such as Gemini, Robinhood and Coinbase have made buying Bitcoin easier offering regulated, full-reserve exchanges where users can trade dozens of digital assets with peace of mind.

Kiyosaki’s warnings come at a time of deep political and economic uncertainty. President Trump’s sweeping tariffs have thrown global markets into disarray. 

Inflation, though somewhat tamed from its peak is still an issue and interest rates remain high. 

‘Most people will be wiped out,’ Kiyosaki warned in a separate post. ‘But not you. Not if you start now.’