4.1 • 3.9K Ratings
🗓️ 2 April 2025
⏱️ 40 minutes
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0:00.0 | Hey, everyone. While Robert takes a short break from the studio, we've put together some of our favorite moments from this year's Rich Dad Radio Show. We hope you enjoy the highlights. |
0:11.5 | This is The Rich Dad Radio Show, the good news and bad news about money. Here's Robert Kiyosaki. |
0:19.2 | Welcome back, Robert Kiyosaki, the Richsat Radio Show. Our guest today is |
0:23.0 | Richard Duncan, longtime friend. I came across this book, Dollar Crisis, which really resonated for me |
0:30.8 | because I don't trust the U.S. dollar. And Richard, on top of that, is a macroe economist. He lives in |
0:37.0 | Thailand, and his viewpoint on the world is a macroe economist. He lives in Thailand. |
0:42.3 | And his viewpoint on the world is pretty unbiased, yet caustic. |
0:45.5 | And every time I've had Richard come to my seminars in Phoenix, |
0:52.4 | after he spoke, I had to put people on suicide watch because Richard doesn't hold back as to what is not working in the economy. |
0:56.3 | And I was talking to Richard, I was in Thailand in 96 after the Thai bot crisis. |
1:03.1 | And some of the best real estate in the world in Bangkok was really, really cheap. |
1:09.3 | So my point here is Richard gives the bad news, but it's also good news |
1:14.6 | for the entrepreneur, if you know what you're doing, if you can play your cards right and all this. |
1:20.3 | So Richard, this guy Trump, is a good friend of mine. He's talking about tariffs. What is your point of view on |
1:29.1 | tariffs on whatever he's trying to do? So I can tell you if he said he's going to put 60% tariffs on |
1:38.1 | all the goods coming from China and 10 to 20% tariffs on all the goods of all of our trading partners. |
1:46.0 | Now, this is going to be a disaster for China's economy because as we've already discussed, |
1:53.0 | China's economy is already in a severe crisis because of the falling property market. |
1:58.0 | But if he were to, just for example, if he were to put high tariffs on Chinese goods |
2:04.1 | and not put tariffs on any of the other countries in the world, just China. |
2:09.3 | Those high tariffs on Chinese goods would mean that China would be able to sell much less |
2:14.4 | to the United States, so China would be much poor. And China then would buy |
... |
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