- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Kiyosaki: Starvation coming, as financial crash looms
Posted on 5/30/23 at 10:39 am
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.
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
quote:https://finbold.com/rich-dad-r-kiyosaki-warns-starvation-is-coming-as-financial-crash-looms/
‘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
10
Posted on 5/30/23 at 11:00 am to Big_Sur
quote:
Hope everyone on Money Talk is prepared for what is about to happen!
If he's right, how would one prepare, exactly?
Posted on 5/30/23 at 11:00 am to Big_Sur
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 on 5/30/23 at 11:10 am to Big_Sur
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.
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 on 5/30/23 at 11:10 am to Big_Sur
Sounds like people on here that have been predicting a Housing Market crash going on 5 years now
Posted on 5/30/23 at 11:20 am to Big_Sur
I Love Bama while reading the OP:
Posted on 5/30/23 at 11:30 am to lsu13lsu
quote:
One of the things that shocks people in every inflationary situation is that prices of assets go up.
markets concentrating is not inflation. In fact, margins get destroyed in inflationary environments.
Posted on 5/30/23 at 12:26 pm to Big_Sur
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...
But this time he really, really, REALLY means it?
Sure, okay, let's listen to him...
Posted on 5/30/23 at 12:29 pm to SlowFlowPro
quote:
quote:
Hope everyone on Money Talk is prepared for what is about to happen!
If he's right, how would one prepare, exactly?
If you've ever watched him speak, you would know.
He owns commodities.
Cattle ranches.
Meat packing.
He has ownership in oil (including refineries).
It doesn't make him correct.
But he has bought anything he might need to survive an Armageddon.
"You get ahead in life by owning things".
He says that is BS (i.e. owning mutual funds, etfs, etc..)
He buys the actual companies in charge of production.
Posted on 5/30/23 at 12:38 pm to meansonny
quote:
He buys the actual companies in charge of production.
If he doesn't have an army he is sol too
Posted on 5/30/23 at 12:43 pm to thelawnwranglers
quote:
quote:
He buys the actual companies in charge of production.
If he doesn't have an army he is sol too
He owns an island. And is heavily Amendment 2A.
But I agree with you.
I'm just stating his words from his interviews and talks.
He walks the walk for his beliefs.
I haven't gone out and done any of the things he suggests, though.
Posted on 5/30/23 at 12:52 pm to saint tiger225
quote:
I Love Bama while reading the OP:
Posted on 5/30/23 at 1:30 pm to SlowFlowPro
quote:
If he's right, how would one prepare, exactly?
Start your Rat farm now
Posted on 5/30/23 at 1:35 pm to Big_Sur
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 on 5/30/23 at 1:45 pm to I Love Bama
Hope your doing well in the market during these strange times.
Posted on 5/30/23 at 2:13 pm to meansonny
quote:
He owns commodities.
Cattle ranches.
Meat packing.
So, he's going to stop producing food soon?
Posted on 5/30/23 at 2:17 pm to Y.A. Tittle
quote:
quote:
He owns commodities.
Cattle ranches.
Meat packing.
So, he's going to stop producing food soon?
I don't understand your question.
What happens to meat, bread, eggs during a crisis?
What happens to fuel during a crisis?
What happens to fire arms sales during a crisis?
That should tell you how he is positioned both on a macro and micro economic level.
Posted on 5/30/23 at 4:19 pm to Big_Sur
Has this guy been right about one thing in the last decade??
Posted on 5/30/23 at 7:23 pm to Zzyzx
Well he's convinced OP to come to some shitty holiday inn and spend all his money learning nothing.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News