Learn Skills to Navigate the Perfect Storm
02/22/23 • 36 min
1 Listener
left off with his prophetic look at the economy.
The original Crash Course video was released in 2008, followed by the book version in
2011. Considered ahead of its time, today, we are poised for an economic perfect storm.
We need to prepare ourselves. A big event is coming and the ones with skills to adapt will
succeed.
Host Robert Kiyosaki and Martenson talk about the 3 E’s: Economy, Energy and
Environment. With the 4th “e” being “exponential growth.” Our nation is creating more debt;
more fake money. “Money is a marker, a claim. And we are making it faster than ever. But
at some point, it breaks. And it breaks badly.”
“We haven’t made any serious plans for how we’re going to control our deficit spending or
how we are going to navigate this energy future,” Martenson says. “Europe is a continent of
400 Million people. They are energy poor and they just got into a war with Russia by proxy.
What happens when you starve a continent of 400 million? A huge decline of living
standards, the driving factors being food and energy.
The reason we aren’t creating a real economy is because we aren’t producing anything. “To
produce, you have to have energy. Houses, cars, food. Just scratch a little and you’ll find
energy. If you want to have an economy, prosperity comes because we have energy.”
Prepare for social unrest. Have a Plan B. “Ask yourself, what do I know how to do?” says
Martenson. The number of people who know how to do things is dwindling.” Learn skills.
Grow a garden.
left off with his prophetic look at the economy.
The original Crash Course video was released in 2008, followed by the book version in
2011. Considered ahead of its time, today, we are poised for an economic perfect storm.
We need to prepare ourselves. A big event is coming and the ones with skills to adapt will
succeed.
Host Robert Kiyosaki and Martenson talk about the 3 E’s: Economy, Energy and
Environment. With the 4th “e” being “exponential growth.” Our nation is creating more debt;
more fake money. “Money is a marker, a claim. And we are making it faster than ever. But
at some point, it breaks. And it breaks badly.”
“We haven’t made any serious plans for how we’re going to control our deficit spending or
how we are going to navigate this energy future,” Martenson says. “Europe is a continent of
400 Million people. They are energy poor and they just got into a war with Russia by proxy.
What happens when you starve a continent of 400 million? A huge decline of living
standards, the driving factors being food and energy.
The reason we aren’t creating a real economy is because we aren’t producing anything. “To
produce, you have to have energy. Houses, cars, food. Just scratch a little and you’ll find
energy. If you want to have an economy, prosperity comes because we have energy.”
Prepare for social unrest. Have a Plan B. “Ask yourself, what do I know how to do?” says
Martenson. The number of people who know how to do things is dwindling.” Learn skills.
Grow a garden.
Previous Episode
Why you should be worried
The world economy is crashing. The baby boomer generation is going bust. Interest rates are going up, the stock market is going down, and the middle class is getting hammered with inflation. But according to Host Robert Kiyosaki, “out of doom and gloom comes opportunity.”
And who better to know where and how to find opportunity in these dire times than guest Doomberg. The #1 substack on finance, with thousands of subscribers, Doomberg is a creative entrepreneur with expertise in forecasting, macro, crypto, gold, and silver. He’s the first to tell you that “the best way to make money rather than saving your salary, even in bad economic times, isn’t by getting a college degree. It’s by starting your own business.” Robert couldn’t agree more. It’s why he has invited Doomberg on the show.
Want to learn how to protect ourselves from a faltering economy? For Robert and Doomberg the answers are gold, silver, bitcoin, not money, because as Robert says, our money is “fake.”
“Knowing the macro gives you the view and certainty of what you buy, sell and what you do,” says Robert, who asks Doomberg, a “macro” aka, world economy expert to share his philosophy and advice.
“To build a successful business from scratch,” says Doomberg, “you must have a rigorous, maniacal mindset of continual improvement. Every day, measure your data. What worked and what didn’t work. What could you do better? Where did you screw up? Then reinvent that knowledge into your own business where you own the equity and success is owned by you.”
Be smart.
As Robert says, it’s not that he’s against stocks. He just wants you to buy his stocks! That’s the Robert Kiyosaki formula.
Next Episode
The Chilling Effect
At a February 8, 2023 speaking engagement at Arizona State University entitled
“Health. Wealth. Happiness,” Robert Kiyosaki and his two guests, nationally syndicated
talk show host and founder of PragerU, Dennis Prager, and Charlie Kirk, conservative
activist, radio talk show host and founder of Turning Point USA, incited protest when 37
of 47 Honors College professors wrote a petition to ban the event because of the
conservative perspectives espoused.
But Guest Dr. Owen Anderson, a professor of philosophy and religious studies, was one
who stood up for free speech. “If you look at the letter opposing the event, they link it to
violence—white, nationalist, bigot. That’s how they framed it. As soon as you are “on
the list of violence, then you are not protected by the first amendment.”
Anderson and Kiyosaki are concerned about the larger, pervasive issue spreading
across college campuses. “We are in a generation of professors who don’t know their
view and they don’t have the skill of showing the other perspective. It’s why there is
what is called, “The Chilling effect,” says Anderson. “It’s where people are made to feel
uncomfortable if they speak up or attend a particular event,” says Anderson. “That’s
when self censoring starts because they know the professors fall to the left. They think,
if I speak up or defend my view in class I’ll get a bad grade.”
“In classes, I argue for the best presentations of BOTH views,” says Anderson. Robert
agrees that any university that promotes a uniform ideology of conformity does a
disservice to students. “Students should ask themselves, do I have to accept the going
narrative among my professors about race, gender and economics? Or am I free to
question assumptions? Students should be able to question narratives.”
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