Biggest Crash in World History is Coming

 This headline was front page Google News...Biggest crash in world history is on the horizon.  With so much global debt and all the governments printing paper money to pay for it, it’s only a matter of time til everything implodes, says Kiyosaki.  Of course we have been saying the same thing.  We hope this happens after the rapture so life remains somewhat normal, but there is certainly no guarantee.  Kiyosaki says to buy cans of tuna, gold, silver and cattle.  Also farmland if you can.  Of course 99% of Americans can’t buy cattle or farmland.  And a few cans of tuna and silver coins aren’t gonna get you too far.  He should have said guns and ammo.

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The markets sure look ugly these days.

The S&P 500 is down 23% year to date. For the tech-laden Nasdaq Composite, the loss in 2022 has widened to an even more painful 31%.

"Rich Dad Poor Dad" author Robert Kiyosaki, who previously sounded the alarm, stresses just how badly this downturn could turn out to be.

“This is going to be the biggest crash in world history, we’ve never had this much debt pumped up,” he says in a Kitco News interview earlier this month.

Given that Kiyosaki has previously tweeted that “Crashes are the best times to get rich,” one might think it’s time to look for bargains in the beaten-down stock market.

But that’s not what Kiyosaki is doing right now.

Food prices have been going up amid supply shortages around the world. And that’s an area investors might want to pay attention to.

“Inflation about to take off. Best investments are cans of tuna & baked beans,” Kiyosaki tweeted in June, explaining that you “can’t eat gold, silver, or Bitcoin” but you can eat tuna and beans.

And right now, he tells Kitco he’s investing in livestock as well.

“I invest in Wagyu cattle,” he says. “People talk about farmland and all that stuff, but I think cattle are great.”

Indeed, investing in farmland has been popular these days. After all, Bill Gates turns out to be the largest private owner of farmland in the U.S. And even retail investors are now getting in on the action.

It might be a little bit more difficult for retail investors to get into cattle, but the payoff can be worth it.

“You can always eat the thing,” Kiyosaki says.

https://finance.yahoo.com/news/biggest-crash-world-history-robert-160000143.html