The Biggest Stock Market Crash in History Hits in 2016
Robert Kiyosaki, 2015: 'I've Been Predicting Since '02 That We Would See a Stock Market Crash in '16'
Rich Dad's Prophecy (2002) tied a historic crash to the first baby boomers turning 70 and drawing down retirement plans. In 2015 he reaffirmed the year.
What was said
“I've been predicting since '02 that we would see a stock market crash in '16.”
— Robert T. Kiyosaki (author, Rich Dad Poor Dad) · said Sep 2015 · due 2016
No crash in 2016. The Economic Times: '2016 saw significant market growth rather than the collapse he envisioned.'
The fine print
The 2015 line is a tweet quoted by the Economic Times. Publishers Weekly's 2002 review sums up the book: 'When the first baby boomers celebrate their 70th birthdays in 2016, according to rich dad. a massive stock market crash will ensue.' The book's subtitle: 'Why the Biggest Stock Market Crash in History Is Still Coming.'