Middle Class Wipeout: The Collapse Has Begun - Ken McElroy

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

🗓️ 25 June 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

The rich are getting richer… and the middle class? They’re getting wiped out — and most people don’t even see it coming.

In this episode of The Rich Dad Radio Show, Robert Kiyosaki and Ken McElroy break down what’s really happening behind the headlines — and how it impacts YOU. Inflation is surging, gold is hitting record highs, and global central banks are dumping U.S. debt to buy real assets. Meanwhile, everyday people are stuck clinging to outdated advice like "save your money" and "invest in a 401(k)" — but that thinking is exactly what’s making the middle class poorer.

Robert and Ken also dive into why financial education is more critical now than ever. From real estate to AI to skyrocketing inflation, they share why sitting on the sidelines — or staying stuck in the old system — is no longer an option.

Want to protect yourself? Want to thrive while others panic? It starts with knowledge.
Join Robert and Ken for a blunt, no-nonsense look at today’s economy — and how to stay ahead of the curve.

00:00 Introduction
02:15 The Importance of Financial Education
03:09 Inflation and Its Impact
08:59 The Future of AI and Employment
12:35 The Human Toll of Inflation
14:56 The Decline of the US Dollar
17:43 Opportunities in Real Estate
19:29 Investment Real Estate Opportunities
19:43 National Debt and Economic Predictions
20:40 The Limitless Event: What to Expect
21:55 Speakers and Topics at Limitless
25:37 The Impact of AI on Jobs and Industries
29:56 The Importance of Continuous Learning
33:53 Final Thoughts and Conclusion

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11 countries just ditched the dollar—and China’s building a digital currency system to replace it. Meanwhile, Americans are stuck holding paper assets while the system crumbles. Silver is still under $35—but that won’t last.

Robert Kiyosaki believes silver could hit $70 in 2025—and it may be the most overlooked asset in the world right now.

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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

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0:00.0	This is the Rich Dad Radio Show, the good news and bad news about money. Here's Robert Kiyosaki.
0:09.0	Good morning, Robert Kiyosaki, The Rich Dad Radio Show, broadcasting for Phoenix, Arizona,
0:13.5	or it's either heaven or hell. It's getting close to hell right now. It's getting hot.
0:18.2	And so don't tell you it's a dry heat, but it's hot. Yeah, I still love
0:23.3	living here. Our guest today is a longtime friend 30 years, Ken McElroy. And the reason Ken is
0:30.0	not only a friend, but if you're going to be a rich person, I mean, really rich, successful,
0:36.5	capitalist entrepreneur type, not a
0:39.5	wussy 401k IRA type of guy. You have to have a team. And the essential part of my team is
0:48.9	Kenny. And the reason for that is real estate is probably the trickiest part of the asset classes.
1:00.3	And the reason for that is real estate's about leverage.
1:03.3	So that's when, and I shouldn't say all these things, but Dave Ramsey talks about live debt free.
1:09.2	The reason you want real estate is for the debt. I mean,
1:12.6	who else is going to lend you so much money? You know, they're not going to lend it to you on
1:17.8	your good looks. So you've got to show them some property. So Kenny is an insults your part,
1:23.4	but the problem with real estate, as you may know, you might be able to manage one or two,
1:29.2	three or four properties by yourself, you know, for a single family maybe. But Kenny, I now
1:35.7	into the thousands. And when I met Kenny 30 years ago, I was so impressed because he's a professional
1:42.4	property manager.
1:49.8	So not only is it real estate, but you have to somebody who understands the property management side.
1:52.4	And since then, Kenyon's gone into development.
1:58.8	And we have literally made millions together and paid no taxes legally.
2:01.6	So I'll say it again as part of your team,
	...

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