Most Experts Are Wrong About the Economy

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

🗓️ 22 June 2022

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are we looking at the end of the American empire? In May, the International Monetary Fund (IMF) cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a "clear and present danger" for many countries. Today’s guest explains his opinion about the timing of a recession, and what the Fed will have to do to keep the economy from dropping into a depression.
Raoul Pal, the founder and CEO of Global Macro Investor and Real Vision says, “I think it will happen at a shocking speed.” Raoul expects that the recession will happen in a matter of months, similar to 1974.
Hosts Robert and Kim Kiyosaki and guest Raoul Pal discuss what exactly is happening in the world’s economy, the likeness of a recession, and if there’s a depression in our future.
To learn more about Real Vision’s new education platform, visit: https://www.realvision.com/waitlist

Transcript

Click on a timestamp to play from that location

0:00.0	Where did Robert and Kim Kiyosaki go when they need advice?
0:04.4	Investing is a team sport, so who's on their team?
0:07.3	The Rich Dad Advisors.
0:08.9	And now you can have access to the exact team that Robert and Kim use.
0:13.2	Where do the key insights from the Rich Dad Advisors?
0:15.9	The insights that help Robert and Kim build their fortune.
0:19.3	For listeners of the Rich Dad Podcast, the Advisors are giving away for free their new ebook,
0:24.9	five things you need to know before you get started.
0:27.9	Go right now to rda-press.com-free to get your free copy.
0:33.8	If you want to learn the key insights from Robert and Kim's personal teachers, get this free
0:39.0	ebook now.
0:40.2	Go right now to rda-press.com-free to get your free copy of this important book.
0:47.6	The team you choose is very important.
0:50.3	Now you can use Robert and Kim's personal team, the Rich Dad Advisors.
0:54.9	Watch your free ebook at rda-press.com-free.
1:05.4	This is the Rich Dad Radio Show, the good news and bad news about money.
1:10.8	Here's Robert Kiyosaki.
1:12.3	Hello, hello, Robert Kiyosaki, the Rich Dad Radio Show, the good news, and today could
1:17.8	be the bad news, depends upon your point of view, on this subject of money.
1:24.2	We have a great guess, we have a great guess, but the date of today is important date.
1:29.6	The reason that's important is just yesterday at Davos Switzerland, the IMF stood up and
1:35.9	said, the world economy is hitting into the worst economic headwinds since World War II,
	...

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.