
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
Will the current market situation get any worse?
Oct 4, 2023
Bert Dohmen, author of the Wellington Letter, joins Robert Kiyosaki to discuss the current market situation, predicting it will worsen. They highlight the importance of studying history, touch on cryptocurrencies, bonds, commercial real estate, inflation, and China's impact on the global economy. Robert recommends subscribing to Bert's Wellington Letter and shares his plan B involving silver and gold. They emphasize taking control of your financial future.
30:24
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Quick takeaways
- The current market situation is predicted to worsen, similar to the economic turmoil of the 1930s, emphasizing the importance of studying history to understand the future.
- Rising interest rates pose risks to the bond market, with the potential for significant losses and the need to protect against high inflation.
Deep dives
The current economic situation and job market
The podcast episode discusses the current state of the job market and its impact on the economy. It emphasizes the challenges faced by employees and businesses, such as unemployment and the struggle to find stable jobs. The episode highlights the need for individuals to explore different opportunities and acquire new skills to adapt to the changing job landscape.
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