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Finance expert who predicted 2008 financial crash gives chilling warning for US economy

Home> News> Money

Updated 10:30 27 May 2025 GMT+1Published 10:18 27 May 2025 GMT+1

Finance expert who predicted 2008 financial crash gives chilling warning for US economy

Robert Kiyosaki has warned of 'a coming financial disaster'

Callum Jones

Callum Jones

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An expert who predicted the 2008 financial crash has issued a warning about the state of the US economy and what could be on the horizon for Americans in the coming months.

Amid an ongoing trade war following the introduction of tariffs by Donald Trump, many citizens have been left worried about the future of the US economy.

A number of experts have recently shared warnings about the country's financial future, including investor Ray Dalio who explained fears over a crisis 'worse than a recession'.

Now, Robert Kiyosaki has predicted that the next economic downfall could be worse than the Great Depression, which lasted from 1929 to 1939, and the 2008 Global Financial Crisis.

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Taking to Twitter, he wrote: "In 2025 credit card debt is at all time highs. US debt is at all time highs. Unemployment is rising. 401 k’s are losing. Pensions are being stolen. USA may be heading for a GREATER DEPRESSION.

"In fact, in most of my books, such as Fake, Who Stole My Pension, and even Rich Dad Poor Dad…. warned of a coming financial disaster.

Donald Trump's tariffs have seemingly impacted the US economy (Jim Lo Scalzo/EPA/Bloomberg via Getty Images)
Donald Trump's tariffs have seemingly impacted the US economy (Jim Lo Scalzo/EPA/Bloomberg via Getty Images)

"People who heeded my warnings are doing well today. I am concerned for those who did not."

The financial expert went on to claim there's never been a better time to invest in Bitcoin as you could 'come through this crisis a very rich person'.

Kiyosaki added: "I strongly believe, by 2035, that one Bitcoin will be over $1 million dollars. Gold will be $30k and silver $3,000 a coin.

"It will be the easiest money you ever made. Those who wait in fear… may be the biggest losers.

"This coming Great Depression will cause millions to be poor… and a few who take action, may enjoy great wealth and freedom.

"The giant crash I predicted… the crash that is occurring now… may be the opportunity of your lifetime… to achieve great wealth and more importantly… financial freedom."

While the US economy has slowly but surely recovered from the Covid-19 pandemic, according to the US Department of Commerce, the first quarter of 2025 saw a decline for the first time in almost three years.

According to the expert, there could be less of this in your pocket (Getty Stock Image)
According to the expert, there could be less of this in your pocket (Getty Stock Image)

This could mainly be due to an increase in imports, with businesses stocking up on overseas goods due to impeding tariffs introduced by the Trump administration.

While inflation has dropped since its incredible high, it - as well as high interest rates - remains a concern for millions of Americans.

Kiyosaki warned: "Most people will be wiped out. But not you. Not if you start now.

"Study, learn, create a plan, and take action. Take care and best of luck."

It will certainly be an interesting few years ahead for the US economy.

Featured Image Credit: Getty Images/OLIVIER TOURON

Topics: Money, US News

Callum Jones
Callum Jones

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