I got this extract from the author of “Rich Dad, Poor Dad”.
Is this realistic? Or is this too negative?
People keep asking me: "When's the crash coming?"
I tell them: It's already here. You're just not watching.
Debt doesn't crash like the movies. No dramatic explosion. No sirens. It rots from the inside out.
First the little guy gets squeezed. Credit cards. Car loans. "Consumers are struggling."
Then commercial real estate. Buildings can't refinance. Quietly. Then small banks start disappearing.
You don't hear about it because they get "merged." Then government steps in with bailouts and fancy names for the same old con.
By the time CNBC is screaming CRISIS, the smart money already moved. The crash happens in slow motion while everyone's waiting for the big bang.
And who gets destroyed? Savers. Employees. Retirees. The people holding cash and bonds and "safe investments." That's where the losses get dumped. Every single time.
Rich Dad taught me: when the system fails, it protects the banks and the government first. You come last.
That's why I don't hold cash.
- I hold assets. Gold. Silver.
- Real estate that produces income.
- Bitcoin.
Things that survive when currency dies.
The crash isn't coming. It's already happening. Just in a way most people won't recognize until it's too late.
Please do our due diligence. Invest with what we can afford to lose, avoid leverage and let us research before investing.
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