| Are we looking at the end of the American empire? In May, the International Monetary Fund (IMF) cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a "clear and present danger" for many countries. Today’s guest explains his opinion about the timing of a recession, and what the Fed will have to do to keep the economy from dropping into a depression. Raoul Pal, the founder and CEO of Global Macro Investor and Real Vision says, “I think it will happen at a shocking speed.” Raoul expects that the recession will happen in a matter of months, similar to 1974. Hosts Robert and Kim Kiyosaki and guest Raoul Pal discuss what exactly is happening in the world’s economy, the likeness of a recession, and if there’s a depression in our future. To learn more about Real Vision’s new education platform, visit https://www.realvision.com/waitlist #financialeducation #robertkiyosaki #realvision https://www.richdad.com/ Facebook: @RobertKiyosaki https://www.facebook.com/RobertKiyosaki/ Twitter: @TheRealKiyosaki https://twitter.com/theRealKiyosaki Instagram: @TheRealKiyosaki https://www.instagram.com/therealkiyosaki/ |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
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