Robert Kiyosaki Warns of Global Recession, Urges Financial Preparedness

Robert Kiyosaki Warns of Global Recession, Urges Financial Preparedness

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March 27, 2025 – Financial expert and author Robert Kiyosaki has warned that the world is already in a recession, urging individuals to take charge of their financial education. In a post on X (formerly Twitter) on Wednesday, Kiyosaki stated, “Is the WORLD in a RECESSION? I say ‘Yes.’”

Kiyosaki, known for his best-selling book Rich Dad Poor Dad, emphasized that he has been cautioning about economic instability since the release of Rich Dad’s Prophecy in 2012. He encouraged people to use free educational resources, such as YouTube, to enhance their financial knowledge while warning against unreliable influencers. “The best and the worst education is free,” he wrote.

He also highlighted the rising fears of inflation and unemployment, asking, “Will this recession make you richer or poorer? The choice is yours, and your choice of education can be free.” Kiyosaki urged individuals to view the downturn as an opportunity to build financial resilience, stating, “Take care and make this recession the best thing that has ever happened to you. You and only you have that power.”

Economists Raise Recession Concerns

Kiyosaki’s warning comes amid growing concerns from top economists. Bruce Kasman, chief global economist at J.P. Morgan, recently increased the probability of a U.S. recession to 40%, up from 30% at the beginning of the year. He cautioned that policy missteps could worsen economic conditions and harm long-term investment confidence.

Additionally, Goldman Sachs and Morgan Stanley have revised their U.S. GDP growth forecasts for 2025 downward, now projecting growth between 1.5% and 1.7%. As uncertainty looms, financial experts continue to stress the importance of proactive financial literacy and strategic decision-making in navigating economic downturns.

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