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

Learn Skills to Navigate the Perfect Storm

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

🗓️ 22 February 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

Guest Chris Martenson, author of the newly released The Crash Course, picks up where he
left off with his prophetic look at the economy.

The original Crash Course video was released in 2008, followed by the book version in
2011. Considered ahead of its time, today, we are poised for an economic perfect storm.
We need to prepare ourselves. A big event is coming and the ones with skills to adapt will
succeed.

Host Robert Kiyosaki and Martenson talk about the 3 E’s: Economy, Energy and
Environment. With the 4th “e” being “exponential growth.” Our nation is creating more debt;
more fake money. “Money is a marker, a claim. And we are making it faster than ever. But
at some point, it breaks. And it breaks badly.”

“We haven’t made any serious plans for how we’re going to control our deficit spending or
how we are going to navigate this energy future,” Martenson says. “Europe is a continent of
400 Million people. They are energy poor and they just got into a war with Russia by proxy.
What happens when you starve a continent of 400 million? A huge decline of living
standards, the driving factors being food and energy.

The reason we aren’t creating a real economy is because we aren’t producing anything. “To
produce, you have to have energy. Houses, cars, food. Just scratch a little and you’ll find
energy. If you want to have an economy, prosperity comes because we have energy.”

Prepare for social unrest. Have a Plan B. “Ask yourself, what do I know how to do?” says
Martenson. The number of people who know how to do things is dwindling.” Learn skills.
Grow a garden.

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.

0:09.0

Why Robert Kiyosaki, the Rich Dad Radio Show, the good news and bad news about money.

0:14.0

I'm here with Kim, but it was very special guest.

0:17.0

Long time, many long time friend, 25 years now.

0:21.0

This is Dr. Chris Martensen.

0:23.0

He's the author of the Crash Course.

0:25.0

Chris and I, who was that guy we met with Richard Russell?

0:32.0

Yeah.

0:33.0

And he recommended talking to you and then, so Chris came out with the Crash Course and he's now updated it.

0:42.0

Now the reason this is important, the update is important because the Crash Course is a book of prophecy.

0:51.0

And Chris was warning us what's going to happen.

0:55.0

Just like I wrote, I'm plugged my own book here, this is called Prophecy.

0:59.0

It's why the biggest stock market crash in history is still coming.

1:03.0

And this book came out in 2013 because when the 2008 crash hit, that didn't fix the problem.

1:10.0

It made it worse.

1:12.0

So it was easy to predict why that, why the biggest crash was coming.

1:18.0

And I think we're in it right now.

1:21.0

That's why I have the balloon hanging back here, you know, some George Gellin.

1:25.0

The balloon is the bubble that the Fed blew up and the little gondola below it is you and me.

1:31.0

So Chris's book 20, I'm a year ago now, but we'll get find out the Crash Course,

1:37.0

let me give the matter for the picture he painted.

...

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