Latest / Earn Your Leisure / Robert Kiyosaki Predicts the Biggest Stock Market Crash in History in March 2024

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Robert Kiyosaki Predicts the Biggest Stock Market Crash in History in March 2024 · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
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  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
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  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
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  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: So let's talk about some doom and gloom, shall we.
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  Speaker 3: Robert Kiwa Saki?
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  Speaker 2: You ever heard of that guy?
• 1:08
  Speaker 4: Yes, out of the legend. He was legendary at one point.
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  Speaker 2: We're definitely. He's a legend.
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  Speaker 4: Reach that boyd not gonna dony that cash flow quadrant
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  Speaker 4: for sure, change the game for sure.
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  Speaker 3: But uh so he said, let's let's play the video,
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  Speaker 3: shall we, Mike cute video.
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  Speaker 5: We're going to hit the March twenty twenty four, biggest
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  Speaker 5: crash is coming, and the guys with the ETFs and
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  Speaker 5: mutual funds and all that, they're going to stand over
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  Speaker 5: and bend up and kiss. They're asked goodbye. I wrote
• 1:34
  Speaker 5: this book here who Stole My Pension? In nineteen seventy
• 1:37
  Speaker 5: four America says to my generation, you no longer have
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  Speaker 5: a pension. You have to have what's called a defined contribution.
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  Speaker 5: So my generation, the old guys, I'm seventy six years old,
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  Speaker 5: we have no money set aside for retirement. And the
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  Speaker 5: biggest crash in history is still coming March twenty twenty four.
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  Speaker 5: And all those baby boomers who follow their financial planner's
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  Speaker 5: advice of the sixty forty forty percent fonds, How fine
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  Speaker 5: that stupid can you be? And they're gonna get toasted.
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  Speaker 5: March twenty twenty four. I read about this book here.
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  Speaker 5: Rich's props well from the words of mister Kyosaki himself
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  Speaker 5: March twenty twenty four.
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  Speaker 3: All right, oh, Robert, Wow, March twenty twenty four will
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  Speaker 3: be the biggest crash in history. That's a month away.
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  Speaker 3: So in directly count down, he said, all the guys
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  Speaker 3: with index funds and ETFs are gonna get smashed. He said,
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  Speaker 3: anybody with a sixty forty portfolio. We talked about the
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  Speaker 3: sixty forty portfolio, They're gonna get screwed.
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  Speaker 4: They've been getting screwed all year. They need an account
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  Speaker 4: of OnlyFans.
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  Speaker 3: And he talked about, you know how the de pension system.
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  Speaker 3: It's very truth in what he's saying, but it's it's yes,
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  Speaker 3: for sure, it's always truth mixed with sensationalism, right, But
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  Speaker 3: I mean, okay, this is something that he's somebody who
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  Speaker 3: become a legend in the game of finances, right, So
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  Speaker 3: it's interesting to hear him have this take that it's
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  Speaker 3: gonna all fall apart next month. If you're invested in ETFs,
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  Speaker 3: you're gonna be screwed. What's your take on this?
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  Speaker 4: This is what happens when you don't diversify businesses and
• 3:21
  Speaker 4: you need a way to stay hot, and people usually
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  Speaker 4: do this through cloud and sensationalism. The pension fund issue
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  Speaker 4: is partially true, but the biggest crash in history. You
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  Speaker 4: are meaning to tell me there's no catalyst that is
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  Speaker 4: being talked about that it's going to lead to a
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  Speaker 4: crash that matches or mirrors the great depression in post
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  Speaker 4: c Blay. I'll take the other side of that bet
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  Speaker 4: all day. In order for a crash to happen, you
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  Speaker 4: need a catalyst for it to happen. So even though
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  Speaker 4: the yield curve has been inverted, haven't had a crash.
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  Speaker 4: The banking system would have to collapse. They're letting all
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  Speaker 4: the small banks die or merge, so the banks are
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  Speaker 4: there too big to fill can have safety. Tech is
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  Speaker 4: doing incredibly well. AI is doing well, so they're setting
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  Speaker 4: up the new sectors that are going to lead the economy.
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  Speaker 2: We'll talk about a little later.
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  Speaker 4: Healthcare is doing incredibly well, so you need a reason
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  Speaker 4: for the market to pull back. Also in March, once again,
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  Speaker 4: that's when a lot of capital flows into the market,
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  Speaker 4: and private equity has a lot of money sitting on
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  Speaker 4: the sideline to take advantage if a crash does happen.
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  Speaker 4: We haven't had the market activate its levers and I
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  Speaker 4: don't know how it maybe two years, three years, so
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  Speaker 4: we haven't even had a ten percent.
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  Speaker 2: Drop inside of a day.
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  Speaker 4: What is going to cause us to have like a
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  Speaker 4: twenty five percent or thirty percent pullback which will halt
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  Speaker 4: the market. So I don't know. Maybe he was drinking
• 4:54
  Speaker 4: a day, Maybe he was misguided, maybe he wanted a
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  Speaker 4: great headline. But this is not happening. If it does happen,
• 5:01
  Speaker 4: cetral levels to fifty percent off from where we are
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  Speaker 4: now by then. But if COVID didn't send us into
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  Speaker 4: the greatest downward spiral ever, the COVID twenty two that
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  Speaker 4: they're pumping out now isn't going to do it. So yeah,
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  Speaker 4: I mean, what are the indicators?
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  Speaker 5: Right?
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  Speaker 2: He shout to shout out to Josh.
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  Speaker 6: I was watching him the other day and j C
• 5:24
  Speaker 6: shout to jac when he came on here.
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  Speaker 2: What are the indicators?
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  Speaker 6: Man Like, if we look at GDP, if we look
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  Speaker 6: at inflation, if we look at the unemployment, if we
• 5:34
  Speaker 6: look at interest rates, which you know, we everybody has
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  Speaker 6: predicted that they you know, obviously maybe June could be marches,
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  Speaker 6: all these marches, but they're going to be going down
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  Speaker 6: at maybe five times throughout twenty twenty four. What are
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  Speaker 6: the indicators that are showing this? I can't see them,
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  Speaker 6: and so it's it's tough, right. And I remember when
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  Speaker 6: we sent this in the chat, I was like, that's
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  Speaker 6: interesting because we heard Michael Berry say something similar and
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  Speaker 6: then we haven't heard from him in the past six months.
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  Speaker 4: Michael, and I mean, we're not taking anything away from true.
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  Speaker 6: I mean I was actually watching somebody was sitting next
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  Speaker 6: to me on the plane was watching a big short,
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  Speaker 6: and I thought that was interesting because I thought I
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  Speaker 6: might remember in August of twenty three with the recession,
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  Speaker 6: was supposed to happen in sometime in September or early
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  Speaker 6: in January of this year, and we haven't seen it.
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  Speaker 6: So some of these predictions, I'm not what other indicators there.
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  Speaker 4: And here's the thing. The data can be right and
• 6:32
  Speaker 4: the fan can say no, we don't want to they
• 6:35
  Speaker 4: check earners.
• 6:37
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• 8:27
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 8:31
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 8:35
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 8:39
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 8:43
  Speaker 1: some of the heinous migrant criminals caught because of President
• 8:47
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 8:50
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 8:55
  Speaker 1: crossings are at the lowest levels ever recorded in over
• 8:59
  Speaker 1: one hundred thousand and illegal aliens have been arrested. If
• 9:02
  Speaker 1: you were here illegally, your next you will be fine
• 9:06
  Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you
• 9:10
  Speaker 1: will never return. But if you register using our CBP
• 9:14
  Speaker 1: home app and leave now, you could be allowed to
• 9:16
  Speaker 1: return legally, do what's right. Leave now. Under President Trump,
• 9:21
  Speaker 1: America's laws, border and families will be protected.
• 9:25
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 9:27
  Speaker 4: It's the definition of what a recession was in front
• 9:30
  Speaker 4: of our face, and nobody did anything. Now they said
• 9:32
  Speaker 4: this about China, thirty percent of all stocks in China
• 9:35
  Speaker 4: have been halted. The Index slid eight percent, the Beijing
• 9:41
  Speaker 4: fifty slid five percent. If you talked about China, I
• 9:44
  Speaker 4: can see it. But even that, because of all the
• 9:46
  Speaker 4: geopolitical threats that are going on, and we're starting to
• 9:51
  Speaker 4: have like a deglobalization effect, if China market does fall
• 9:56
  Speaker 4: fifty percent, we won't have immediate exposure to it, and
• 10:00
  Speaker 4: I'm going to drag our market down. The knee case
• 10:02
  Speaker 4: doing well. The footsie's doing pretty well. So I feel
• 10:06
  Speaker 4: as if he would have pointed this crash to the
• 10:09
  Speaker 4: Chinese stock market, he could have been spot on. But
• 10:12
  Speaker 4: to drive our market down fifty that's up. You're looking
• 10:16
  Speaker 4: before an election.
• 10:17
  Speaker 6: Yeah, all the loans, all those all those, all those
• 10:22
  Speaker 6: factors when you put into the poets like well, how
• 10:25
  Speaker 6: is this going to happen?
• 10:26
  Speaker 3: Right?
• 10:26
  Speaker 6: When we even talked about that, like look at the
• 10:29
  Speaker 6: economic conditions and probably maybe mid year last year when
• 10:32
  Speaker 6: we talked about delinquencies, those were up. That has changed.
• 10:35
  Speaker 6: We talked about used car and new car sales. That
• 10:38
  Speaker 6: has changed. Uh, And so we're talking about student loans
• 10:41
  Speaker 6: that's now. In fact, we haven't seen a number of
• 10:43
  Speaker 6: delinquencies that we thought we would. Could that change perhaps,
• 10:46
  Speaker 6: but it isn't going to happen in the short term.
• 10:48
  Speaker 6: Like we're talking, we only got thirty days.
• 10:51
  Speaker 4: And to me, here's how you know why. Last week
• 10:53
  Speaker 4: they put out a stat that I think eighty nine
• 10:54
  Speaker 4: percent of all the global debt is on a fixed rate.
• 10:58
  Speaker 4: Why would they put that out?
• 11:00
  Speaker 2: Well, if it was a variable rate, you could have
• 11:02
  Speaker 2: a case.
• 11:03
  Speaker 4: But if the majority of auto on debt, mortgages, and
• 11:06
  Speaker 4: credit card debt are locked into a fixed rate, then
• 11:10
  Speaker 4: you can predict delinquency rates when people will pay it off.
• 11:13
  Speaker 4: Like I just think the comment was misguided. I think
• 11:15
  Speaker 4: he means well. Peter Schiff is another one that reports
• 11:19
  Speaker 4: some doom and gloom. There's a lot of truth to
• 11:21
  Speaker 4: what Peter says, but the government is going to do
• 11:25
  Speaker 4: everything in combination at the right time, especially with bricks
• 11:30
  Speaker 4: becoming more formidable. Saw they just join. They are going
• 11:35
  Speaker 4: to make sure that we don't have this big collapse
• 11:39
  Speaker 4: where it could actually turn the time because if we
• 11:41
  Speaker 4: go into a twenty four to twenty five cycle, while
• 11:45
  Speaker 4: we're on the ropes and bricks is getting stronger, that's
• 11:48
  Speaker 4: when they could begin to make a stronger push. They're
• 11:50
  Speaker 4: not gonna let a session happen, not this next year,
• 11:54
  Speaker 4: and definitely not by next month.
• 11:57
  Speaker 2: They're on the claw.
• 11:59
  Speaker 3: So he said he would say stuff like this just
• 12:02
  Speaker 3: to kind of sell his book, or just just a
• 12:06
  Speaker 3: queen's slip approach flip, I love you.
• 12:08
  Speaker 4: But sometimes online people want to be sensational to get
• 12:12
  Speaker 4: the clicks and views.
• 12:15
  Speaker 3: But when it is hurt, like let's say hypothetically that
• 12:17
  Speaker 3: the market doesn't crash, right, what does he say, like
• 12:20
  Speaker 3: I've miscalculated or is the government.
• 12:22
  Speaker 4: Saying for the last three years and what it's going
• 12:24
  Speaker 4: to come eventually. There's a lot of people, and if
• 12:26
  Speaker 4: you are familiar with investing, you have doom and gloom
• 12:30
  Speaker 4: reports and newsletters that have been predicting crashes since two
• 12:34
  Speaker 4: thousand and nine. They haven't happened. Of course, COVID we
• 12:39
  Speaker 4: had a strong pullback, quantitative ease and went through the roof.
• 12:43
  Speaker 4: You've had separate markets that have had issues. Inflations have
• 12:46
  Speaker 4: gone incredibly high in certain countries. But there's a certain
• 12:51
  Speaker 4: if you're not educated, it's a certain sector of people
• 12:53
  Speaker 4: that you can target, especially in the conspiracy wing, that
• 12:56
  Speaker 4: you believe that a market is going to crash. Even
• 13:00
  Speaker 4: after they revealed Zuckerberg's bunker, everyone was like, hey, go
• 13:04
  Speaker 4: get kloid lit silver, go build a bunker. I'm gonna
• 13:08
  Speaker 4: go get two thousand pounds of beans. I like, man,
• 13:11
  Speaker 4: if a media hits Earth, there's nothing we can do.
• 13:14
  Speaker 6: Sorry, Yeah, I mean if he's wrong, I don't know
• 13:19
  Speaker 6: if there's a consequence for it, right, we've seen it.
• 13:21
  Speaker 4: If he's right, I'll come on here, shave off my head.
• 13:23
  Speaker 2: Need a turtle, Live a live turtle.
• 13:27
  Speaker 6: I remember sitting fact that's not going to happen two
• 13:30
  Speaker 6: thousand and seven.
• 13:31
  Speaker 2: I think you were there.
• 13:32
  Speaker 6: We sat down and we watched him speak about nickel
• 13:35
  Speaker 6: being the commodity of the future and how you know
• 13:38
  Speaker 6: we needed to invest it in two thousand.
• 13:39
  Speaker 2: This is like two thousand and seven.
• 13:41
  Speaker 6: Now it has with what almost fifteen plus years past
• 13:44
  Speaker 6: that I don't Nickel hasn't been the commodity of the
• 13:47
  Speaker 6: future anywhere near it. So I mean they would to
• 13:51
  Speaker 6: make a prediction and not be right about it. I
• 13:53
  Speaker 6: feel like that's just like the standard. And the thing
• 13:55
  Speaker 6: is that you don't have to you don't even have
• 13:57
  Speaker 6: to speak about it. You say, all right, you know
• 13:59
  Speaker 6: I was wrong, and move. Most is set to your take.
• 14:01
  Speaker 6: It's going to crash, it's the worst crash ever.
• 14:04
  Speaker 4: Or get a safe twelve to thirteen percent growth per
• 14:10
  Speaker 4: year by investing the index funds the crash always and
• 14:13
  Speaker 4: for all my traded you know, most assets, whether it's
• 14:16
  Speaker 4: real estate, stocks, media, if you do it right, water, oil, gold,
• 14:26
  Speaker 4: I'll save that for the blackout. The other line, I
• 14:28
  Speaker 4: was gonna stay. But most commodities go up to the upside.
• 14:33
  Speaker 4: Even in the destruction of civilizations and countries. When you
• 14:36
  Speaker 4: there's no more real estate to buy, let me knock
• 14:38
  Speaker 4: some buildings over and then I go over there and
• 14:41
  Speaker 4: reinvest in that. Most assets go up in supercycles twenty
• 14:45
  Speaker 4: to forty years. I talked to stock Club about this
• 14:48
  Speaker 4: two weeks ago, even calling for a crash. Most crashes
• 14:51
  Speaker 4: only the last eighteen months after that happened. The real
• 14:53
  Speaker 4: money is holding on for the long term. He's pro crash,
• 15:00
  Speaker 4: but pro gold gold is going thro the upside.
• 15:03
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 15:07
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 15:11
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 15:15
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 15:19
  Speaker 1: some of the heinous migrant criminals caught because of President
• 15:23
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 15:26
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 15:31
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 15:35
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 15:38
  Speaker 1: are here illegally, your next you will be fine nearly
• 15:42
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 15:46
  Speaker 1: never return. But if you register using our CBP home
• 15:50
  Speaker 1: app and leave now, you could be allowed to return legally.
• 15:53
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 15:58
  Speaker 1: border and family will be protected.
• 16:01
  Speaker 2: Sponsored by the United States Department of Homeland Security,