Robert Kiyosaki Points Stark Warning About Future

Famed writer and monetary educator Robert Kiyosaki has issued a stark warning concerning the future, citing two pivotal occasions in 1974 that he believes at the moment are shaping the world’s present state.

In his late Saturday submit on X, Kiyosaki highlighted the importance of 1974, a yr that he believes marked two essential modifications on this planet’s future. He identified that the U.S. greenback transitioned to being backed by oil fairly than gold, a transfer that he believes may result in a world struggle over oil in 2026.

“1974 the US greenback turned the Petro greenback. Slightly than backed by gold, the US greenback was backed by oil,” he wrote on X.

1974’s Twin Shocks Now Threatening Boomer Retirement Safety

In response to Kiyosaki, the passage of the Worker Retirement Revenue Safety Act (ERISA) in 1974 shifted tens of millions of staff from assured retirement advantages to plans like 401(okay) retirement financial savings plans, Registered Retirement Financial savings Plans and Particular person Retirement Accounts, which don’t present assured earnings.

“Thousands and thousands of baby-boomers will quickly discover out they don’t have any earnings as soon as they cease working,” Kiyosaki warned. He added that the social safety and Medicare techniques are additionally in dire straits, probably resulting in a future the place tens of millions of child boomers are homeless or residing in RVs as a result of rising oil costs.

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