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U.S. House Prices Analysis and Trend Forecast 2019 to 2021

America is Detroit

Politics / US Debt Aug 15, 2013 - 10:01 AM GMT

By: Videos

Politics

O“Rich Dad/Poor Dad” author Robert Kiyosaki says, “I am terrified for my fellow human beings. Detroit just declared bankruptcy, and most Americans have no idea what that means. The idea that Detroit went bankrupt is the canary in the mine. . . . It means the end of the industrial age.” Kiyosaki, who wrote the best-selling financial self-help book of all-time, goes on to say, “America is Detroit. . . .


Our leaders are functionally incompetent because they are still operating with industrial age ideas.” Kiyosaki points out, “The rich are getting richer than ever before, but the middle class is shrinking . . . . Both Obama and Romney promised to save them, and when politicians promise to save your butt, you know your butt is gone.” Kiyosaki goes on to say, “If you trust Obama or the Republicans or the Democrats, then you don’t need to buy gold, but I don’t trust them. I don’t trust Bernanke. I don’t trust the financial system, but I do trust gold. So, it’s not in God I trust, it’s in gold I trust.” Join Greg Hunter as he goes One-on-One with Robert Kiyosaki of RichDad.com.


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