Robert Kiyosaki on the economic recession of 2020

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Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.

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If you are interested in this topic you can find more information out at the links below.

The Great Lockdown: Worst Economic Downturn Since the …blogs.imf.org › 2020/04/14 › the-great-lockdown-wors…
Apr 14, 2020 – April World Economic Outlook projects global growth in 2020 to fall to -3 percent. This is a crisis like no other, and there is substantial uncertainty …

Why the Global Recession Could Last a Long Time – The New …www.nytimes.com › economy › recession
Apr 1, 2020 – Fears are growing that the worldwide economic downturn could be … April 1, 2020. 774 … Stock markets have reflected the economic alarm.

Recession Looms, Its Course ‘Unrecognizable …www.nytimes.com › 2020/03/21 › business › economy
Mar 21, 2020 – The U.S. economic outlook darkens daily, with millions facing … a recession — at least two consecutive quarters of economic decline — with output … Control and Prevention, would reduce the nation’s G.D.P. in 2020 by $1.8 …

U.S. Recession Model at 100% Confirms Downturn Is Already …www.bloomberg.com › us-economic-recession-tracker
Apr 8, 2020 – 0 50 100 % 2000 2010 2020 1992 2020 2001 Recession Great Recession. Source: Bloomberg Economics. The recession probability model …

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35 thoughts on “Robert Kiyosaki on the economic recession of 2020

  1. I agree with real estate is long term cash flow but all our tenants are not paying rent now and in California May defer to 6 months or even 12 months.

  2. 43:40 "The Federal bank giving $ to bail out big business, & then owning shares…the Fed could own part of Boeing. That's communism". NO! Because the "Federal Bank" is PRIVATELY OWNED ! It's not a people government owned bank. Though it should be. Kiyosaki is actually VERY misguided. He admits that he's a capitalist, & thus uses other people's money & time to get rich. Only a small % of people can be wealthy by leeching off others. A 7 year old will tell you that is immoral & unsustainable. It's parasitic. & Focused only on greed. Not, on contribution. ALL billionaires are psychopaths. ALL. You don't hoard that much wealth, if you are balanced & moral.
    Watch the new documentary "The Planet if the Humans"
    Billionaires don't pay taxes not only because of the government incentivizing certain investments…it's also due to that billionaires control our government & our laws. "Corporations are legal persons"(Allows the wealthy to avoid accountability…declare bankruptcy + start under a new name.), & "Money is a form of free speech" (this allows unlimited political $ contribution, = 1 person 1 vote becomes meaningless. The power lies ONLY in money.), are lies that have been made into laws. Laws that benefit the wealthy.

  3. You guys are so great ! Thank you for all the information and so excited for @georgeGammon to be mentioned in your great videos!

  4. I bought at $250,000 house in phoenix slum in 2007. Gun shots almost every night, literally an AK47 shot off down the street fully automatic. I learned my lesson. Housing is going to crash WAY WORSE than 2008. Fooled me once, shame on you government and banks!

  5. Dear Ken and Robert,

    I’m from Holland and since a few months I am very interested in your books and education. Many thanks for that. I alread read Roberts books Rich Dad Poor Dad and The Cashflow Quadrant. It realo’s changed my view on live. Again, Many thanks for that!
    I have a question about The ABC’s of Real Estate Investing and Tax-Free Wealth; are these books also be used for the Dutch (market)?

    Hope to get a repons.

    Greetings Tim

  6. Your content is full of information on macro economic structure of the US economy . You have viewers from all over the world like me ….. can u Inform us about UAE economy , its currency Dirham is pegged with USD. How can anyone take advantage of this crisis in UAE ? Also it had a blooming housing sector where ppl made lot of money and that mkt is volatile

  7. Loved hearing Robert mention George Gammon, Mike Maloney and Jim Rickards in one interview. These four have such a great vision of what is going on.

  8. Robert most people don't know want Gold is now, just credit card or debt card. My great Uncle had gold claims in the Black Hill of SD. His great grandparent was there in 1876. There Gold here in MN if you know where to look. Don't tell anyone now.

  9. Thank you Ken and Robert for the financial education you provide to people in such a simple way to understand. God bless you both and your families.

  10. Thank you so much for sharing this information! Recently heard about you guys in January and I’ve been glued to my screen watching all of your videos!! Much love from South Africa.

  11. Both of you to taking charge takes an inner strength few have. Mahalo for sharing your immense knowledge! Robert's story regarding the Molokai incident takes me back to Oahu on Feb.6, 1996, where I became known as the Sand Island Hostage.

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