Consumer Finance Con and Purveyor of Terrible Advice Robert Kiyosaki Claims He "Called the Financial Crisis"

Question of the Month: Is there a bigger con man in America today than Robert Kiyosaki?

That's a good question because he certainly has a great deal of competition.  

Even before beginning to tackle this question one must first list the various genres known to be loaded with con artists and go from there.

For instance, Kiyosaki considers himself a consumer finance, real estate and self-help guy. These are three genres consisting of nothing other than scam artists because they were created by scam artists. 

So if we view Kiyosaki as a consumer finance guy then Suze Orman and Dave Ramsey are obvious candidates for the top spot.  

If we view Kiyosaki as a real estate guy, the list of candidates who might qualify to take the top spot is too lengthy to mention.  Many of the best candidates vying for the designation of the biggest real estate con artist have used late night infomercials as their main portal to connect with suckers.

In contrast, Kiyosaki is pretty much the only clown to have broken into the mainstream media scene pitching his real estate BS and related seminars. For that reason alone one could argue that he leads the pack of this highly competitive army of real estate cons. 

If we view Kiyosaki as a self-help guy, the list of candidates who might qualify to take the top spot is again too lengthy to mention. but Tony Robbins is certainly the top self-help, life coach candidate.

In short, I don't think Kiyosaki can match the complexity of the self-help BS Robbins has created over the years. Robbins is leading one of the biggest cults around. After all, this has been Robbins' focus for nearly 40 years.

But when one considers the various genres Kiyosaki claims to cover, it's obvious to me he's easily a front runner for one of America's biggest con artists. 

Let's not forget that Oprah Winfrey has been responsible for launching the careers of some of America's biggest con artists or at least catapulting their career into the mainstream; Robert Kiyoaki, Tony Robbins, David Arthur Ray, Dr. Phil, Dr. Oz., etc.   

Let's briefly review Kiyosaki's rise to shame.

After spinning his wheels for several years as a sales rep with (Sc)Amway, Kiyosaki engaged in more MLM rackets where he (most likely) acquired some of the most common deceptive tactics he uses today.

Then he teamed up with a Jewish writer who would go on to write his fictional book, "Rich Dad, Poor Dad" which he listed as non-fiction and claimed it was based on real people and facts. However, the book is fiction and is filled with bad advice. 

He would go on to "write" dozens of other useless BS books with his Jewish business partner, who would later sue Kiyosaki for shafting her per their business agreement. 

Folks, when you build a business that's centered around on a book that you claim was based on factual events and real people, except it's all a lie, that qualifies as fraud.   

Perhaps even more relevant is that the book is filled with nonsense and terrible advice. 

Despite the fact that the book is filled with wrong and often dangerous advice, Kiyosaki used his network of MLM charlatans to push the book within that crowd so he could get his sales numbers high enough to get a publisher to back him.

Yea, that's right. He kinda, sorta "massaged" the sales numbers using the power of the MLM cult.  

Once he pulled that stunt and got a big publisher behind him, he partnered with the Jewish media. And of course it certainly helped that his partner was Jewish.   

So here we are several years later in the fall of 2008 near the peak of the financial crisis and we see Robert Kiyosaki on national TV being interviewed as if he had a clue as to what was going on.

Newsflash for Robert Kiyosaki: going on TV after Lehman Brothers was already in the shitter claiming "it's going down" doesn't qualify as having "called" the financial crisis.

No Robert, you didn't call the financial crisis.

You're lying yet again! 

Go ahead and watch the video below and you'll realize that Kiyosaki wants you to think he's some kind of investment analyst or expert as he claims to have "called the financial crisis" so you'll think he has credibility.  This is the kind of scam he constantly uses to sell his useless books and seminars. 

Robert Kiyosaki not only has no credibility, he actually as negative credibility. 

Yea, "You don't have much time."

Confidence games often express a sense of urgency in order to get people to rush into something without thinking clearly or asking others for their input. 

For instance, does everyone remember how Peter Schiff kept trying to scare people about "hyperinflation" and a "dollar collapse" telling them they didn't have much time?  

Next, Kiyosaki tries to scare the sheep with his typical vague statements.

Then he advises people not to invest in their retirement using a 401(k) or other retirement plan because he claims they won't get any money from these plans since "Wall Street steals it."

Then he calls stocks "fake assets."

This advice along with his claims are the type of bat shit crazy nonsense you'd expect from Alex Jones.

In fact, according to my estimates, currently more than 500,000 Americans own stock-based retirement plans valued at over $1 million.

This money didn't suddenly appear in their retirement accounts. These individuals worked because they held something Kiyosaki claims are for losers; jobs. 

No Robert, jobs aren't for losers.

Jobs are for responsible and capable people who want to provide stability to their lives and contribute to society.

These individuals saved money from their jobs and invested in the stock market through their retirement plan. As a result of their hard work, savings and investment discipline they are now millionaires.

Kiyosaki claims jobs are for losers, saving is for losers and stocks are fake assets. So if you listen to Kiyosaki, you might find yourself, jobless, homeless and penniless.

But as long as you have a credit card you will be able to buy his books and seminars! 

That's his objective.

Kiyosaki preaches bad advice (like encouraging people to not go to college and to not get a job) in order to keep them from achieving so he can sucker them into buying his snake oil.

Con artists like to smother their victims with all kinds of disinformation while making sure they remain ignorant so they will remain dependent on them. 

Among Kiyosaki's other ploys to lure money from naive people, he claims there's a conspiracy of the rich to keep you poor. 

One would have to be legally insane, mentally retarded or very stupid to believe this horse shit. 

Kiyosaki also claims to know "secrets" about money that only the rich know.

Anyone who claims there are secrets to getting rich or achieving any kind of success is clearly a con artist. 

He also claims that school "teachers are fake." This message is meant to appeal to lazy kids who don't want to apply themselves, as well as to adults who did not perform well in school.

The only fake is Robert Kiyosaki.  

I find it worrisome that millions parents have not joined forces to call out Kiyosaki for his efforts to keep their children out of higher education by spewing his lies and disinformation.

I suppose it just shows us how ignorant and useless most parents have become.  

So what's Kiyosaki's end game? 

It's simple. He wants you to buy his ridiculously useless and stupid ghostwritten books which recycle the same BS over and ovr again. and to attend his seminars so you can "educate yourself" since the schools won't because they're filled with "fake teachers" according to Kiyosaki. 

Kiyosaki isn't doing anything new here. He's repeating the same thing he's been doing for years...making false claims and ridiculous statements in order to fool gullible, desperate and unsophisticated people.

When is the Federal Trade Commission going to go after this predator?  

And by the way, why in the hell was Kiyosaki being interviewed during the financial crisis?

After all, Kiyosaki is completely clueless about the stock market. He is not an economist, not an analyst, and he's not a financial professional. He doesn't even have expertise in real estate. 

Wouldn't you expect the media to interview a credible financial professional instead of a consumer finance and self-help huckster?

Kiyosaki had no idea the financial crisis was coming before it began in late 2007 (early stages). 

As shown below, Kiyosaki admits to having put "millions of dollars into the stock market" just before the financial crisis!

Only after being caught with his pants down, Kiyosaki claims "stocks are for losers."

Yea Kiyosaki, the kinds of losers who buy at market top just before the biggest market collapse in decades!  

I'm willing to bet he also sold towards the bottom! 

The ads below show how this vulture was already working on confused investors by pitching a stock market course claiming to show participants how to take advantage of what he claimed was going to be an even bigger market collapse than the one he claims to have predicted in 2008.    

Perhaps now you see why Kiyosaki has made false claims of having predicted the financial crisis and stock market collapse of 2008. He uses this BS to feed into his seminar scams. 

Kiyosaki has been pitching the stock market collapse narrative for several years AFTER the financial crisis.

Imagine how much money you could have lost if you attended one of his BS seminars.

As usual, Kiyosaki doesn't let his terrible investment prowess get in the way of this latest gimmick to siphon money from suckers by partnering with the media to deceive the public.

Below we see that Kiyosai has been pitching himself as a stock market trading guru to gullible suckers in Asia. 

Kiyosaki didn't even realize there was a real estate bubble prior to the financial crisis. This might explain why he was encouraging people to buy real estate in 2007 and was even holding real estate investment seminars in 2008. 

Think about that folks. Instead of interviewing unbiased experts in the financial industry during a historic period when investors were frantically searching for guidance, the media was feeding you clowns like Robert Kiyosaki, Tony Robbins, Harry Dent, Jim Rogers and Peter Schiff. 

So if you missed out on the longest bull market in US history it's most likely because you tuned into the media.  

This is the way the criminal Jewish media operates because these parasites work together with their Wall Street tribesmen to take easy money from Main Street by leading their audience down the drain. 

Robert Kiyosaki did not call the financial crisis and he doesn't know jack shit about the stock market, real estate or anything else. The only thing Kiyosaki seems to know about is how to deceive people.

Kiyosaki is obviously a con man and liar who promotes dangerous retirement, investment and career advice while spreading baseless conspiracies. 

Now let's pause for a moment. Ask yourself how it's possible that the media (which is always promoting this slime ball) never calls him out for his terrible advice and disinformation.

How can the media promote a man who advises people never to invest in a 401(k), claims jobs are for losers and to not go to college? 

Keep in mind that when the media promotes Kiyosaki as some investment "guru" yet never calls into question his insanely ridiculous ideas and advice, it sends a message to the public that he's correct. 

As I have explained in the past, the reason why career cons like Kiyosaki and Tony Robbins are never exposed by the media is due to the fact that they pay media firms located in dozens if not hundreds of cities across the country millions of dollars each year in return for advertisements for their seminars, books and other snake oil. 

Think about it. 

Interestingly, Kiyosaki recently expanded his web of scams and disinformation by joining forces with the world's largest copywriting boiler room, Agora Financial.

But of course like most of his advice-based "businesses," Kiyosaki isn't even involved in the publication from Agora. He simply licensed his name to the monkeys at Agora who then create the BS content that rides the wave of Kiyosaki's conspiracies and terrible advice. 

This should remind you of the power of media marketing BS as well as the stupidity of the general population. And remember, Kiyosaki paid the media for PR.

Do you trust the media? 

Notice in the video below how Kiyosaki is exposed as a shyster by a Canadian news channel.

But why did it take a Canadian news operation to expose one of many of Kiyosaki's scams? 

Why haven't any news organizations in the US exposed Kiyosaki?

Is it because Kiyosaki is legit?

If you really believe that's the case, you're beyond help.  

Kiyosaki has effectively bought off the US media so he's protected from being exposed for the con artist that he is. In fact, he's even promoted by the US media as an expert. This emphasizes the fact that the media cannot be trusted.   

You see, Kiyosaki sends millions of dollars to media firms throughout the US for advertisements and paid interviews disguised as news.  So if the media exposed the reality about Kiyosaki, this would result in lost ad revenues. 

Kiyosaki isn't spending loads of cash advertising in Canada so they have nothing to lose by exposing him. 

Kiyosaki is nothing other than a parasite living off of deceit, lies and paid promotion disguised as interviews, while offering disinformation and terrible advice to his remarkably ignorant and extremely gullible cult members.

This parasite has been making false and misleading statements for decades. And he has been able to spread his BS with the help of his primary business partner, the US media. 

Notably, Kiyosaki has joined the Jewish-run copywriting boiler room scam company Agora Financial. As far as I can tell, Kiyosaki is the only shyster at Agora who is not Jewish. 

Isn't it funny how new people keep coming out claiming to have "called the financial crisis" after all of these years?

As I have previously discussed,  Jim Rickards also claims to have predicted the financial crisis over the past couple of years. 

As well, Ray Dalio is now making the same claim.

There are many others. And the list is sure to grow in coming years.  

It's like I said before. The longer the amount of time that passes since the 2008 financial crisis, the more individuals will claim they predicted it.

Meanwhile, the only person who truly predicted the financial crisis remains banned. That would be me, Mike Stathis.

As a result, very few individuals are even aware that I was the only person in the world to have predicted it.