How did America go from the Richest Country to Bankruptcy? – Robert Kiyosaki
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.
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
Read More About Cameron → Get the AI Trader's Playbook
The U.S. has had a problem with practicing honesty for a LONG time. That’s how.
From Trump to Biden.
Stop funding wars and giving our money to other countries.
Sounds simple…..the government will never do it.
What about the 300 pound single mothers on food stamps?
Lack of principles, no values, greed = broken system, bankruptcy etc.
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
I have been telling everyone around me that we are bankrupt/ insolvent and poorest country!
The world has enough for human need, but not greed….
Great video so far. Thank you for sharing.
I would say the devaluing of the currency was a good starting point. From gold to oil to nothing.
I love hearing old guys chat, makes me miss my dad 😢and reminisce
Clad quarters didn’t come out until 1965. 1964 it would’ve still been a 90% silver quarter.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs. Laurie Siebert.
I’m surprised you know her. I’ve been making a lot of profits investing with her for a few months now.
Mrs Siebert changed my life because of the high profits I got from investing with her.
You invest with Mrs Siebert too? Wow that woman has been a blessing to me and my family.
Please how do i get to her. Have heard about her also, Please I would appreciate. Thanks
I was skeptical at first till I decided to try. Its huge returns is awesome. I can’t say much.
The country has been in bankruptcy for 100 years
What if we stop funding foreign wars and instead take care of our homeless problem.
It’s no longer a story that the world is experiencing a global economic downturn, I’m so happy that I’ve been receiving $64,000 from my $15,000 investment every 8 days
How please help me I really need to
gain my losses back
Am sorry about the losses but you don’t just need to hold them with out trading, for me I work with Mrs sonia silvia, one of the best Brokertt
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Alright thanks for the recommendation, but how do I reach her?
she often interacts on Telegrams, using the user below
@Silvia097^^^💯
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!
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….
NO, this is Authoritarian capitalism. This is the greatest transferring of wealth, to the banking and corporate oligarchs.
These politicians took an oath to serve the country. Unfortunately it does not seems to be the case.
Great episode Mr.kiyosaki our country needs stop funding wars and government spending overall.