How did America go from the Richest Country to Bankruptcy? - Robert Kiyosaki
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- Опубликовано: 21 ноя 2023
- Host Robert Kiyosaki discusses the financial predicament of the United States with experts Jim Clark and Charles Goyette. They dive into the history of money, the shift from the gold standard to a debt-based dollar, and significant events like the confiscation of gold in 1933 and Nixon's 1971 decision. They also discuss the general population's lack of understanding about money's value, the role of the Federal Reserve, and the unsustainable national debt. The episode also covers the Hunt brothers' attempt to corner the silver market in the late 1970s and the potential future price of gold.
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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 say. 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, nor my team, nor 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.
Lack of principles, no values, greed = broken system, bankruptcy etc.
We spread the freedom and democracy all over, we ran out!!
Good to see Robert Back
Please how do I save my already plummeting portfoIio? I’ve lost about $120k within a few months and I'm not confident about picking st0cks anymore. Are there really no other options for one to gain from the stock market?
Rather than just speculating, you should work with a CFP to help you diversify your assets by adding ETFs, index funds, mutual funds, and stocks of firms with reliable cash flows.
I was earlier advised to find and work with a licensed advsor because I needed a substantial push to keep my portfolio afloat. She was really helpful in helping me develop my reserve from $275k to almost $855k, despite the continuous growth of inflation. You should consider that option.
Outstanding! As of late, I have been researching advisors because the market news hasn't been very positive. Who is your professional coach?
I take guidance from a Colorado-based wealth advisor *Nicole Desiree Simon*. You're most likely going to find her basic info on the internet, she's firmly established and well qualified.
I just looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her. Thanks a lot man
Charles/Jim, what did you receive in exchange for the bags of silver you sold to the Hunt brothers, US dollars, correct?
Corruption.
Great episode Mr.kiyosaki our country needs stop funding wars and government spending overall.
Prydycet seçki.
The news media is not allowed to ask or answer that question. Congress is mute. Neverending wars. Avg income about 33k for 30 yr olds going forward. Is Biden every called the food stamp President!
Balanced budget must be made law. If people can not do it without going bankrupt how can government?
@@robvandrish2032 Absolutely
@@robvandrish2032 There is money, not possible. Only private federal reserve system.
I can hear these 3 yappin for hours ‼️👀👀😂💯 the OG stories are 🔥🔥🔥
I love hearing old guys chat, makes me miss my dad 😢and reminisce
This was an amazing interview
Great video so far. Thank you for sharing.
Wealth Transfer will be one to remember
Yeah. Crazy times one the way!!
Been hearing this forever now 🤣😄😄😄 sorry
Where do you store the gold that you buy ?
Okay so would you recommend buying silver and then when you have enough, sell it, and trade up to gold?
Doesn't anybody get it yet?
We have WAY TOO MUCH government!!!
You're worried about getting it instead of putting in the work to make sure it happens. Next
Need to trim Gov 90%
Mr. Kiyosaki, you are not going crazy. I am glad I own silver.
I have been telling everyone around me that we are bankrupt/ insolvent and poorest country!
Great Show gentlemen
Thanks Robert!
America is a great nation so God bless America always.
Great Nation run by criminals who are working to destroy it.
Money for wars but not the poor.
Wars and illegal immigrants!!!!!
And too big to fail corporations and banks. Kiyosaki doesn't mention that, 🤔
Tupac said it
Don’t interfere in Kiyosaki’s affairs….he is making big bucks from owning Military Industrial Complex stocks
Love listening to robert
If you throw a dollar bill on the ground every second of every day it will take you roughly 33,000 years to reach ONE TRILLION dollars on the ground.
Semper fi mr kiyosaki and happy thanksgiving I was in marine helicopter squadron too hmm 165 I stack me some silver too instead of bb’s Ty sir you are awesome
Thanks very much for the info.
Clad quarters didn't come out until 1965. 1964 it would've still been a 90% silver quarter.
Thank you for the information by the way what exactly is the meaning of holding of a debt? Please also explain how does a social security debt is held?
The world has enough for human need, but not greed....
Nice one gentlemen.
$260 Trillion Dollars debt is insane.
Old school thought is our Economy runs off consumer spending
New school thought is Government spending works as well so now we have the omnibus bills
we live in a debt system which mean bankruptcy already
15:20 that's Mark Dice
That cup and handle in the silver chart keeps me BUYING!!!
🖕🏻 the money changers
It surprises me why everybody gets really worked up about inflation and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.
The best course of action if you lack ma-rket knowledge is to ask a consultant or invest-ing co-ach for guidance or assistance. Speaking with a con-sultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Fantastic! Can you share more details?
Can't reveal much info, Betty Sue Blanchard is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
I'm definitely gonna check her out. Do yo have any idea if she manages a family fund?
What is the relative net worth of the USA?
My poor dad never told me about gold and silver because he didn’t know. I’m making it a point to teach my grandchild about real money. It’s priceless to see the look on her face when I put a bar of silver in her hands. We have to plant the seed in these youngsters or it’s our fault if we don’t.
But in the Bible it says gold and silver won't help. I don't know what is going to happen.
His name is Mark Dice, absolute legend and worth following.
So why would the Fed not do the same thing again with its citizens that hold precious metals. If they blocked the hunt brothers from being able to liquidate, why would they not just roll out CDCs and make it illegal to do any transaction involving silver or gold?
Wonderful podcast kiyosaki
Interesting , Thank You . I do have several of His books , they are interesting. The Game is eye opening
A country gets rich by creating value, not by speculation.
Amazing videos.❤
Mark Dice is amazing.
When the Great Depression and other huge catastrophes occurred, I used to believe that everyone went bankrupt, but they didn't... Some made millions; I also assumed that everyone closed their businesses during these times, but certain did start new ones. It all depends on your point of view; there will always be moments of prosperity for some individuals and times of depression or recession for others. My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my life savings of $200k crumble to dust.
It's a delicate season now, so you can do little or nothing on your own, hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
Very true! I've been able to scale from $370K to $850k in this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market
*@kristenpierce8661* Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.
My Financial adviser is ‘’Camille Alicia Garcia’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Hello, Robert Kiyosaki. I would love to talk about money with you, I could learn so much. I have read some books of you and I have listened to you a lot. I talk a lot about money with for example my father. I would love to have a meeting with you, if you ever have time, please say so…
Mark Dice is the guy who walks around asking people questions to see how dumb they are.
:I want to be like you Mr. Robert
I believe a trillion seconds is 31800 years!
Where did the gold go that was in the stored in the bottom of the Twin Towers question
Good morning and thank you for the opportunity to post a insignificant comment and thank you for your knowledge specially for your age range in a young power platform , ....?!
These politicians took an oath to serve the country. Unfortunately it does not seems to be the case.
They took and oath to enrich themselves corrupt criminals
No, they are criminals
The Democrats are serving China and Mexico
Love the book plugs ahahaha. Great talk tho
Mahalo 💙The old guy show elders=KNOWLEDGE🍍👍🏽🤙🏽🌴🇺🇸🏝️💙🌺🥥
Easy. It's called liberalism.
It's called banana republic!
End stage capitalism. The moment you start trading something that doesn't exist, your system is destined to eat itself
When they say "You can only sell, not buy," then who is buying? SOMEONE has to buy what you are selling. Was it the exchange? The Fed? Treasury?
CANADA 🇨🇦 🍁 🇨🇦 🍁 =LOVE'S U ROBERT K love ❤️ ❤️ ur videos Sir from western canada 🇨🇦 Rimbey Alberta 🎉🎉🎉
One word. Greeeed
GRUNCH of giants.
Coup's have been going on since the beginning of time here on earth, this is nothing new
What if we stop funding foreign wars and instead take care of our homeless problem.
Then Military Industrial Complex will seize to exist and big capitalists would nit be able to make millions. That’s why Robert Kiyosaki doesn’t like Karl Marx, cause he has stocks in Military Industrial Complex.
You said buy gold but never said anything about where to store that gold
Very frank and truthful .
Please tell me who the owner is & who is the debt owed too
y detener la minería en Panamá
Thanks!
Someone needs to tell Robert about the FreshNFit Podcast episodes where the girls can't name three countries.
32k years of seconds is 1 trillion
Yet the US sends billions out of the country to fund wars while ignoring it's millions of homeless. Not to mention the people of Lahaina whom lost everything they own in the wildfire. SMH, let's go Brandon!
We had a wildfire in Oregon, whole communities were erased and these were MAGA communities, small white, uneducated communities and Trump didn't lift a finger to help his supporters, let's go Trumpf.
MAGA in Oregon? Tell me another joke.
Us is rich enough to support Ukraine and look after the poor
The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.
Nevertheless, there are certain investors who are still managing to generate substantial returns despite the unfavorable market conditions. Achieving similar results requires skill and expertise.
As the market continues to experience a downward trend, I have been diligently researching various strategies. Surprisingly, it appears that there are equal opportunities to achieve substantial gains in both bullish and bearish market conditions. I have come across stories of individuals who have managed to earn as much as $300k during this market downturn, and I am eager to uncover the tactics and approaches they employed to achieve such impressive results.
Undoubtedly, fiduciary counselors possess exclusive access to proprietary information and data sources that are not accessible to the general public. Under the guidance of my trusted fiduciary counselor, Camille Anne Hector , I successfully generated approximately $560k in net profits during the third and fourth quarters of 2022. With such promising results, I am eagerly anticipating the potential for further growth and success in the future.
Interesting, If you don't mind me asking Who is this person? and Is she really worth recommending?
If you are seeking to diversify your portfolio, it is crucial to consult with an advisor. In my case, I have been working with Camille Anne Hector , who can be easily found online and possesses extensive expertise in the financial markets. Engaging with a knowledgeable advisor like her can greatly enhance your understanding and decision-making in the world of investments.
I’m enjoying my cold corona beer and steak lol 😂
How?
It all starts w a name
Obomo hussien
Why are there so many houseless people in the USA and Canada??? Just curious.
Value of dollar is NOT collapsing. Why not $100T?
Mark Dice and a one ounce gold Canadian coin.
Mark Dice is the guy on Venice beach
From Trump to Biden.
Engaging in an individual market option is fair, but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.
Amazing interview thank you Rich Dad! Some day people will answer, is the debt actually a thing and needs to be paid back? Or is the debt not a big deal and let debt skyrocket. Things getting bad fast....
The country has been in bankruptcy for 100 years
We will go in justice with this KYOSAKI
They should cut the rates in order to avoid bankruptcy
But then you’ve got the inflation. I would rather have a steep multi year recession than this annoying inflation.
No. More financial education will be helpful for ya. They need to raise rates 12% in one hike and get it over with.
@@povarful while I agree with the rate hike don’t start your sentence by insulting people. Imagine your comment without the rude bit. Just as impactful and informative.
Be Polite.
@@craigsips8677 when people comment, he or she needs to think careful of what they are saying. There is nothing in my sentence insulting.
THIS IS A GOOD NEWS
The indigenous people of America will have their day 🙏
Watch the point where Kiyosaki points out criminal Biden and first act as President cutting Keystone XL pipeline at minute 23:42 it's simply the best point made in the video podcast!
once again, another insightful episode. lovely stuff from the team at rich dad
Andy Grove couldn't of said it better but you fellows sure have with proof. Thank you much and God bless you for your care and concern for the Nation and now I pray that they WAKE THE HELL UP !!! 👍✝️🙏✌️
Debts the word for this kind of problems,Stay away from debts Stay away from borrowing money from banks
What a silly question - people and countries go bankrupt by irresponsible and unaccountable spending - and by people trusting in government instead of taking responsible action themselves - p.s. Robert - I love your talks - right on !!
Companies make lots of money but don't put most of it back into the economy. Long term pool gets less and less.
Where would you recommend is the best place to trade silver
In order to be successful financially! We've got to follow the principles of these mentors especially Respected Robert Kyasakie❤
Personally I learned, learning a lot from his content!
Love from Pakistan
Totally agree with you
If us is. Ankrupt which country is rich now?
What does this really mean? If the country is truly in this much debt what’s preventing the country from bottoming out?
It appears that the ONE percent run the country. They tell the President what to do in America.
In my opinion, the ONE percent has years of money invested in America. They will never let America collapse because if America collapse so does the one percent. It appears Donald J.Trump may be the one percent.
Just My opinion. What do you think how America has changed in the last 10 years?
Simple Answer
Democracy
The question is what do we do, even if it takes a purge of a certine group of people to fix. we still got our military for now
Anti corruption reforms
The year is almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it's nothing compared to what others make but I'm glad I'm changing my finances.
Spot on. The market presents different opportunities to create passive income, with the right skill and proper understanding you're good to go.
You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during this bear market. This year alone, I have scaled from 180k to over 354k.
I diversify my portfolio into real estate crowdfunding, stocks, and cryptomarket. Although I'm able to achieve this growing with *Olivia Charlotte Oswald.*
Oh! I found Olivia on the CBNC market interview, looked her up and we began our awesome partnership. Her services are exceptional.
lnvesting in the crypt0market also changed my financial life. I was able to clear my debt and also created a passive income.
Copper sandwich quarters started in 1965, not 1964.
America has been bankrupt since 1933 when Congress passed the Federal Reserve Act and we started using fiat money instead of gold reserves.
Well the federal government put us hear with over spending so the way to fix this is to abolish the federal government and the federal reserve and put a new reserve in its place and forgive the debt
PS
George Washington warned us about keeping our eye, and our minds on those serving THE PEOPLE and the country called UNITED STATES OF AMERICA.