"How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually, then suddenly."
These lines from Ernest Hemingway's novel The Sun Also Rises, reveal a lot about the human experience when it comes to success and failure.
With the economy in an artificially inflated bubble, it is eminent that there will be winners and losers when it pops. Those that are successful will be the ones that have prepared for this very moment.
In this video, Robert expands on one of his recent tweets and explains the importance of preparing before the crash.
"The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. Bad news is the next crash will be a long one. Get more gold, silver, and Bitcoin while you can."
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad's Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, "Your home is not an investment," years before the Panic of 2008. His latest book is Who Stole My Pension? How You Can Stop the Looting.