Robert Kiyosaki Says ‘Biggest Crash in History' Has Started, Backs Bitcoin

Author and financial commentator Robert Kiyosaki has warned that the 'biggest crash in history' has officially begun, originating in Europe and Japan before spreading across global markets. Kiyosaki attributes the unfolding economic distress to mounting public debt, AI market speculation, Middle East geopolitical tensions, and an aging demographic shift among Baby Boomers. The warning coincides with significant disruptions across global sovereign bond markets. Japan's 10-year government bond yield recently reached 3% for the first time since 1996, alongside multiyear high borrowing costs in Germany, France, the UK, and the United States. Global public debt reached nearly 94% of gross domestic product in 2025, with IMF projections showing it could cross 100% by 2029. To safeguard wealth against anticipated fiat currency devaluation and potential bank runs, Kiyosaki advocates accumulating scarce assets rather than holding fiat cash. He continues to position Bitcoin as his primary hedge alongside gold, silver, income-producing real estate, and oil investments, citing Bitcoin's fixed 21-million supply cap as a crucial structural advantage over expanding fiat money supplies.