Author predicts synchronized collapse in stocks, housing, and bonds due to excessive debt and cheap credit.
Robert Kiyosaki has renewed warnings of an impending financial collapse, citing a $39.5 trillion debt-fueled “Everything Bubble” across major asset classes. He argues the synchronized rise in stocks, housing, and bonds leaves the system vulnerable to a historic crash.
Kiyosaki first forecast a major downturn in his 2002 book *Rich Dad’s Prophecy*, reiterating in December that the worst crash in history may already be underway. He attributes the risk to decades of cheap credit and structural fragility in the financial system.
The author contends ordinary investors face severe losses, framing the potential downturn as systemic rather than cyclical. No immediate market reaction was reported.