Kathmandu. Famous investor and author Robert Kiyosaki has issued a big warning. He has called it the \u2018biggest stock market crash in history.\u2019 He says, \u2018This current recession could be worse than the Great Depression of 1929.\u2019<\/p>\n
Kiosaki wrote on social media platform \u2018X\u2019, \u2018Everything\u2019s bubble is bursting. I fear this could be the biggest crisis in history.\u2019 His warning comes amid a steady decline in the US stock market. The Nasdaq Composite fell more than 4 percent on Monday. While the S&P 500 fell about 2.7 percent.<\/p>\n
The S&P 500 has already fallen 8.5 percent from its peak in February. The S&P 1500 Super Composite Index has lost about $4.9 trillion since mid-February, reflecting growing investor anxiety. <\/p>\n
\u201cIncompetent leaders have led us into a major crash,\u201d Kiyosaki said, referring to the economies of Germany, Japan and the US. He predicted a major market decline in his book \u201cRich Dad Prophecy.\u201d <\/p>\n
\u201cEverything is bursting in a bubble. I fear this could be the biggest crash in history,\u201d Kiyosaki wrote in \u201cX.\u201d Germany, Japan and the US have been the engines of growth so far. Unfortunately, our incompetent leaders have led us into a trap.\u2019<\/p>\n
Investment analysts are also predicting a recession. \u2018Trump was supposed to be a market savior by promising lower tariffs and less stringent regulations,\u2019 said Dan Coatsworth at AJ Bell in London. \u2018Now his actions are a sign of doom. The \u2018R\u2019 word is on everyone\u2019s lips again as people wonder whether trade tariffs will backfire and lead the US into recession rather than economic prosperity.\u2019<\/p>\n
US trade policies have exacerbated the financial crisis. A Reuters poll showed growing concern among economists in the US, Canada and Mexico about the impact of tariffs. Seventy of 74 economists in Canada, the US and Mexico surveyed believed the risk of a recession had increased. Inflation risks have increased, especially in the US.<\/p>\n
Globalman Sachs has revised its 2025 US growth forecast downwards, citing a \u201cmore adverse tariff outlook\u201d. While inflation risks are increasing.<\/p>\n
Trump\u2019s recent 20% tariff hike on Chinese imports and threat of 25% tariffs on Canada and Mexico have added to the uncertainty. Despite the gloomy outlook, Kiyosaki advises against panic. \u201cIt\u2019s normal to be scared and anxious, don\u2019t panic,\u201d he writes. Instead, investors should remain \u2018steady\u2019 and \u2018keep their eyes open and their mouths shut\u2019 and view crises as potential investment opportunities. <\/p>\n
Recalling the 2008 financial crisis, Kiyosaki said, \u201cThe current recession could be the opportunity of a lifetime.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Famous investor and author Robert Kiyosaki has issued a big warning. He has called it the \u2018biggest stock market crash in history.\u2019 He says, \u2018This current recession could be worse than the Great Depression of 1929.\u2019 Kiosaki wrote on social media platform \u2018X\u2019, \u2018Everything\u2019s bubble is bursting. I fear this could be the biggest […]<\/p>\n","protected":false},"author":16,"featured_media":245268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-245269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/245269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=245269"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/245269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/245268"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=245269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=245269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=245269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}