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Kiyosaki: Starvation coming, as financial crash looms

Posted on 5/30/23 at 10:39 am
Posted by Big_Sur
Member since Nov 2012
1123 posts
Posted on 5/30/23 at 10:39 am
Hope everyone on Money Talk is prepared for what is about to happen! After the $1 Quadrillion market crash, its very possible starvation is up next for all of us.


quote:

‘Rich Dad’ R. Kiyosaki warns ‘starvation is coming’ as financial crash looms
https://finbold.com/rich-dad-r-kiyosaki-warns-starvation-is-coming-as-financial-crash-looms/





This is completely unprecedented, and all but guaranteed to happen.

This is not a repeat, its a uniquely new scenario.




2022


2021


2019


2018


2017


2016


2015

Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 5/30/23 at 10:41 am to
L.O.L.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423365 posts
Posted on 5/30/23 at 11:00 am to
quote:

Hope everyone on Money Talk is prepared for what is about to happen!

If he's right, how would one prepare, exactly?
Posted by lsu13lsu
Member since Jan 2008
11487 posts
Posted on 5/30/23 at 11:00 am to


Every year since 2008/9 the call for the bubble to burst has been made. One of the things that shocks people in every inflationary situation is that prices of assets go up.

It seems intuitive (inflation = prices go up) when you think about it but when you are living it you think they shouldn't be going up.
This post was edited on 5/30/23 at 11:02 am
Posted by notiger1997
Metairie
Member since May 2009
58246 posts
Posted on 5/30/23 at 11:10 am to
I’ve still got my prepper food cans from 2009.
In late 2020 I purchased a half ton of wheat/grain because I was told we only had a 10 week supply. Then later I bought a few barrels of diesel because of that looming shortage.
This post was edited on 5/30/23 at 12:01 pm
Posted by ronricks
Member since Mar 2021
7103 posts
Posted on 5/30/23 at 11:10 am to
Sounds like people on here that have been predicting a Housing Market crash going on 5 years now
Posted by saint tiger225
San Diego
Member since Jan 2011
36692 posts
Posted on 5/30/23 at 11:20 am to
I Love Bama while reading the OP:
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/30/23 at 12:26 pm to
So he's been predicting an imminent, any-day-now market crash since March, 2016?

But this time he really, really, REALLY means it?

Sure, okay, let's listen to him...
Posted by BottomlandBrew
Member since Aug 2010
27151 posts
Posted on 5/30/23 at 1:35 pm to
Kiyosaki has been calling for the sky to fall for a long time. You shouldn't take seriously anything he says about the market.
Posted by Zzyzx
Member since Nov 2018
1887 posts
Posted on 5/30/23 at 4:19 pm to
Has this guy been right about one thing in the last decade??
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51795 posts
Posted on 5/30/23 at 8:26 pm to
It's not going to be "starvation" bad, but a Recession is likely coming. If it doesn't happen, it will be the first time we've seen the yield curves inverted for this long and a recession didn't happen.
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