Global Collapse? Trump’s Tariff War Explained - Richard Duncan

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

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 30 April 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Is the next Great Depression already unfolding — and is Trump’s global tariff plan the spark that sets it off?

👉Use code CRASH to save 50% on Richard Duncan’s Macro Watch

In this urgent episode of the Rich Dad Radio Show, Robert Kiyosaki sits down with economist Richard Duncan — a longtime friend and author of The Dollar Crisis — to break down what’s really happening behind the headlines. They unpack Trump’s proposed “tariff wall” against China, the potential collapse of the dollar, and why these moves could be seen by China as an act of economic war.

You’ll learn:
- What it means that the U.S. dollar is the global reserve currency
- Why China dumping U.S. Treasury bonds could spike interest rates
- How inflation, trade wars, and gold are all connected
- What average Americans can do to prepare for a global financial reset

If you want to protect your money, understand what's coming, and take control of your future — this is a conversation you can’t afford to miss.

00:00 Introduction to the Rich Dad Radio Show
02:10 The Dollar Crisis and Global Economy
02:32 Understanding the US Dollar as the Reserve Currency
03:32 The Impact of Trade Deficits and Government Debt
10:37 Trump's Tariff Strategy and Its Implications
20:04 Potential Chinese Retaliation
24:24 Macro Watch: Economic Strategies for Individuals
37:52 Conclusion and Final Thoughts

-----
Are you getting richer or poorer? While the government prints trillions and inflates away your savings, wealthy investors are shielding themselves with gold & silver. Priority Gold’s FREE Wealth Defense Guide shows you exactly how to legally move your IRA or 401(k) into precious metals—100% tax-free (U.S. residents only).

Claim the Free Guide: https://bit.ly/3Yeyy5N

📞 Call 866-703-9895 or📱💬 Text GOLD to 24999 to learn how to add gold and silver to your retirement savings today.

-----
Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

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.
0:07.0	Here's Robert Kiyosaki.
0:08.9	Hello, hello, Robert Kiyosaki, Rich Dad Radio Show, broadcasting from Arizona.
0:14.7	And today we have a very special one of my original guests, 25 years ago, I believe now.
0:22.9	And Richard Duncan, and we're so old, I found his book in Borders Bookstore, which is now
0:30.4	gone out of business by Amazon.
0:33.6	I mean, so much this has transpired because things are moving so quickly.
0:38.0	But the reason I'm very excited to call Richard, my friend, is I was in Borders bookstore, and his book
0:43.5	went, pick me up. It was a book called The Dollar Crisis. And I went, holy moly. And it was the perfect
0:50.4	book for me to read because what Rich did, he verified what my rich dad and what
0:55.6	Bucky Fuller were saying about our currency, our money, the dollar crisis. And Richard's
1:02.5	credibility is impeccable. He's an economist from Batson, but also with the IMF and also
1:08.9	the World Bank. So he knows what he's talking about.
1:13.3	He comes from experience, which is crucial today.
1:17.1	And Richard was also sitting on the border of China in Thailand, which I often wondered
1:22.3	why.
1:23.3	But it's a beautiful, Thailand's a beautiful country.
1:26.4	But I remember Richard, you know, when the Thai bot collapsed, that was an interesting time to be in Thailand also.
1:34.9	So anyway, Richard, as an old friend and, you know, trusted advisor, welcome to the Rich Dad's Show.
1:45.0	Thank you, Robert. It's really great to be back. Thank you for having me back. Thank you for having me back. And the crisis is getting worse, isn't it?
1:47.0	Well, we've, I mean, so much worse, so quickly, it's hard to describe.
1:57.0	I'm really extremely concerned that the global economy could collapse into a new
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.