Investors should brace for an epic "crash landing" to hit markets and the economy, Robert Kiyosaki said.
The "Rich Dad Poor Dad" author pointed to Fitch's move to slash the US credit rating from AAA to AA+.
"Brace for crash landing.
Kiyosaki has been sounding the alarm for a steep recession and an epic stock market crash for years, calling for the greatest market crash in world history in 2021.
Many economists, meanwhile, are warming to the idea that the US will see a soft landing of its economy.
Persons:
Robert Kiyosaki, Dad, Kiyosaki, Rich Dad, —, Fitch, " Brace, He's ramped, didn't, DataTrek, Nicholas Colas, Larry Summers, Warren Buffett, Jamie Dimon
Organizations:
AAA, AA, Service, Fed, Treasury
Locations:
Wall, Silicon