Robert Kiyosaki: How To Get Rich In The Next March Crash!! Buy Gold and Silver || Rich Dad Poor Dad In this video I interview Robert Kiyosaki. He is the author of Rich Dad Poor Dad. Today he discusses how to get rich from the next market crash. We talk about cashflow quadrant, how to get rich, buying gold and silver. We also talk about the Federal Reserve, Wall Street, The Stock Market Crash. Robert Kiyosaki talks about Rich Dad Poor Dad being a book that was really telling the future. I hope you enjoy this video!
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The governments and the financial system are once again betraying us.
The FDIC released an "emotional" video explaining why people should not withdraw their money from the banks and why people should even deposit everything in the bank. Of course it's because only 5% of USD in existence is in the form of notes, and they would quickly have no notes left if there would be a run to the ATM. Also they simply want every dollar possible to be in the banking system right now to save the economy...
The FED announced they will "print" $6 trillion dollars, or the equivalent of $18,000 per American citizen. Only $1,000 of that will be given straight to the American adults though. Which leaves $17,000+ to help big companies not to go bankrupt... Also, $2 trillion immediate support is 5% (!!) of the current amount of USD in existence. The other $4 trillion will go to the "debt" side... Basically there is not a lot for the average Joe in this.
What is your plan to survive the coronavirus recession? In Robert Kiyosaki’s interview with London Real’s host, Brian Rose, you’ll find out how you can survive the new economy.
In the Industrial Age, resources such as copper, oil, tin, and rubber were wealth because they were used to make valuable resources. In the Industrial Age, a new class of people arose—the middle class. People did not have to think about tomorrow. If you worked hard, your employer or the government took care of you and your tomorrow. They wanted me to have the security of a good retirement plan.
Today, we live in the Information Age. Information leveraged by technology is wealth. Anyone who has the right financial education, information, and the ability to act in time can get rich. In other words, the price of getting rich has gone down.
A good financial education will teach you how to put money to work for you instead of you working for money. It will teach you how to find and purchase assets that put money in your pocket every month, how to eliminate bad debt, and avoid getting caught in the rat race of accumulating liabilities that harm your financial future. It will teach you how to build wealth in the new economy.
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Cycle expert and financial analyst BoPolny thinks the stock market will have another leg down to “around 15,000 on the DOW, if not lower, by June of 2021.” Polny also says, “The markets are finished. We have only seen the start of a recession, and the next thing coming is a worldwide depression.
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disclaimer: NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please do your own research.