Robert Kiyosaki, author of the personal finance book “Rich Dad Poor Dad,” has identified factors likely to lead to an economic collapse in the future. Notably, with the soaring inflation and increasing interest rates, Kiyosaki has in the past issued a gloomy outlook, warning that a historical crash is on the way as he claims the economy is in ‘the biggest bubble in world history.’
During his latest episode of The Rich Dad Radio Show, published on December 7, Kiyosaki, alongside his guest American author and lawyer Jim Rickards, delved into three main factors likely to sink the economy if not managed well.
Supply chain breakdown
Top on the list was the broken supply chain system which Kiyosaki noted was ‘coming to a head’. According to Rickards, the supply chain is the economy’s foundation that cannot be directed due to the high level of complexity involved.
“The supply chain is not part of the economy. The…