Robert Kiyosaki for CNBC Africa: The Parallels Between Zimbabwe and the United States
Robert Kiyosaki, editor at Paradigm Press and author of Rich Dad Poor Dad, was interviewed on CNBC Africa about his new book, Fake: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer, and the importance of looking to the past for answers about the future.
“[Africa is] a fascinating place, and it’s the richest country [continent] in the world, but you have the worst economy. That’s the problem, and a big problem with Africa is bad education, same as the U.S…. And South Africans know the future of the U.S. better than anybody else. The future of the U.S. is exactly like Zimbabwe: We’re printing too much money,” Kiyosaki said. “What I know about Zimbabwe is the same problem the U.S. faces. Zimbabwe couldn’t pay the pensions. American pensions are bankrupt right now; Social Security is bankrupt…”
Kiyosaki additionally commented on the importance of taking care of and protecting yourself when it comes to government, your finances and the economy.
Find the full interview here.
For more advice from Kiyosaki, click here.