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

Global Collapse? Trump’s Tariff War Explained

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

🗓️ 30 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

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

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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

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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.

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. And Richard Duncan, and we're so old,

0:26.6

I found his book in Borders Bookstore, which is now gone out of business by Amazon. I mean,

0:34.0

so much this has transpired because things are moving so quickly.

0:42.3

But the reason I'm very excited to call Richard, my friend, is I was in Borders Bookstore,

0:49.6

and his book went, pick me up. It was a book called The Dollar Crisis, and I went, holy moly.

0:55.6

And it was the perfect book for me to read because what Rich did, he verified what my rich dad and what Bucky Fuller were saying about our currency, our money, the dollar crisis. And rich's

1:02.5

credibility is impeccable. He's an economist from Babson, but also with the IMF and also the

1:09.1

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 always wondered 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,

1:30.8

that was an interesting time to be in Thailand also.

1:34.8

So anyway, Richard, as an old friend and, you know, trusted advisor,

1:39.5

welcome to the Rich Dad's Show.

1:44.4

Thank you, Robert. It's really great to be back. Thank you, Robert.

1:45.4

It's really great to be back.

1:46.8

Thank you for having me back.

1:47.9

And the crisis is getting worse, isn't it?

...

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