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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Can the global economy withstand the tightening of liquidity and rising interest rates?

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 23 August 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this podcast episode, Robert Kiyosaki and his guest Richard Duncan discuss various economic topics. They delve into the current state of the global economy, highlighting the impact of the COVID pandemic on government debt and inflation. They also touch on the student loan debt crisis in America and the lack of financial education in schools. The conversation expands to include discussions on investing in stocks, the China-Taiwan relationship, the economic outlook of BRICS nations, and the potential of artificial intelligence. The episode concludes with a focus on the importance of financial education and being prepared for economic changes.

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Please read carefully.

This is not financial advice.

You may be asking, “what does that mean?”

Let me explain…

Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5712278/advertisement

Transcript

Click on a timestamp to play from that location

0:00.0

this is the rich dad radio show the good news and bad news about money here's

0:07.4

Robert Kiyosaki hello hello Robert Kiyosaki at Rich Dad Radio show the good news

0:12.2

and bad news about money and today we're have a very rare friend and I'll say

0:18.2

it's old friend I mean this guy is such an old friend that I bought his book

0:23.2

and borders bookstore and that's how that's that was a dark ages I'll tell the

0:30.4

story about how I found his book I was I was in borders and today I think it's

0:35.7

called cheesecake factory at the buildmore they repurpose that place but I was

0:41.7

walking past and this book went pick me up pick me up and I think it was a

0:47.4

dollar crisis by Richard Duncan so I bought the book and I went oh my god this

0:53.1

guy is you know he's intelligent and my definition of intelligent somebody's

0:57.9

intelligent if you agree if they agree with you and as you know I've never

1:03.6

trusted I've I've I've stopped trusting the US dollar around 1971 and I just

1:11.5

don't trust the US government anymore so Kim welcome my friend his name is

1:17.0

Richard Duncan and the thing about Richard is he lives in Thailand and so he

1:21.2

is a perspective on the world is an American went to that prestigious school

1:25.0

Vanderbilt and is testified via Congress just recently but he is a

1:30.9

he's an economist by trade but man he has a macro view on the world any

1:36.2

comments for about Richard for Richard Kim yeah I'm excited to have Richard

1:41.8

here today and what I love about it is what about love about Richard is he

1:46.2

does have a global view and you know there's so much change happening in the US

1:50.3

and we were talking with George gammon and George talked about you know if you

1:54.4

live here you see the same thing day after day after day so you don't see the

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