THE FUTURE OF OUR ECONOMY -ROBERT KIYOSAKI

[@AdamTopCommenter]

Robert believes in millenials, rather than turn his nose up at us. That is true wisdom! Have belief and faith in us, God put us all here for a reason and we are not dummies! Stay faithful and blessed my friends.

[@YouNeedM3]

Millenials are fuckin stupid and anyone who address themselves as a millennial is even more of a fucking idiot.

[@kguymyguyfrydie9710]

Why?

[@AdamTopCommenter]

YouNeedM3 The title of this show is Millenial Money...

[@t3hpwninat0r]

Robert believes in millennials because we are not faithful and blessed friends. We are the most unlucky generation, born into a world of fear and dread where those who came before us will reap what we sow. The energy you misguidedly put into faith should instead be put into action. God isn't gonna make you rich. God has a track record of doing literally nothing ever. You have access to the internet, a global network of unfiltered information (for now), so use it to learn something before it's too late.

[@drnjayy]

@@t3hpwninat0reasy pal, you’re loved 🥰 God loves you 😊

[@nkululeko6321]

The scary part here is that only 50k plus people has seen this.

[@mm-hq4qh]

i should have seen this before 10-15 years :/

[@elvinnare]

thats the best part

[@MichaelJayValueInvesting]

The national debt is one of the most concerning things for my generation as we are going to be the ones paying for it. However, every election cycle is only is a talking point. No real action is ever taken.

[@satoshimilk]

Michael Jay - Value Investing Check out the Creature from Jeckyll Island.

[@reallitycheckk]

Michael Jay - Value Investing it's not the debt you should be worried about but the deficit

[@shanghainoonsmomlovesblack3761]

Michael Jay - Value Investing That's because presidents are not in charge. They are puppets on a string.

[@chaumetlouis19]

I heard most of the national debt is internal so it doesn't really effect the economy.

[@artistman75]

Michael Jay - Value Investing We are the leader of the free world. Yet we are Trillions in debt & when you look around the world it appears every nation is in debt. If everyone is in debt who are we in debt to?

[@jeffreyrichardson]

Thank you Robert, I am glad I read your books 16 years ago. You are a godsend.

[@SumitKumar-fn3gj]

Sir, what you did Now?

[@schrodingerscat3912]

college may be a huge rip off but we can't argue against tech/engineering degree. that's something substantial to start an investment portfolio with. What we millennial need to do, is team up, collaborate, get together and take on the same projects. Maybe that's the next great startup.

[@jaimemanuel3187]

That is why we need an education to avoid misspelling words like collaborate (just kidding). To the millennial of the world . Go on , pursue your dreams and interests . Do not put money in the center of your life. Build lasting relationships . Spend time with your family and loved ones at the same time pursue your chosen profession or field of work. Be entrepreneur if you prefer to but do not let Anyone dictate what you need to do in life . Follow your heart and don’t be blinded with money and get rich schemes.

[@matteotortorici]

These problems didn't just start recently. We've had a phony economy for the last 10 to 15 years. Money printing and increasing debt is all that has been keeping things going.

[@fusion9619]

Our money absolutely is backed - by gold, and everything else. You want to convert your dollars to gold? Go buy gold, pay the market rate for it. When you say the dollar should be "backed" by something, you are indirectly saying you want the value of dollars to be pegged to something at a specific rate - and that is exactly the opposite of free market capitalism.

[@mcjc7807]

It’s been phony since 1971 when we defaulted on the Gold Standard.......

[@fusion9619]

that doesn't even make sense. Do you read?

[@corneliusoliver7984]

Fusion I believe the difference is prior to 1971 the US govt had to have %asset to create credit. Post 71 the US has had the unique ability to create as much as they want. I think there is substantial effort to keep the value of the dollar at a certain level.

[@Blah-blah-sure]

Cobra Coin so true & deliberately

[@jeffreyrichardson]

Robert, you invented the velcro wallet!

[@MgtowRubicon]

1. Learn conversational Spanish. 2. Financially educate yourself. 3. Learn real estate for passive income, e-commerce for active income. 4. Move to South America, get permanent residency, then get citizenship, then renounce US citizenship, and then make a fortune from your new entrepreneurial skills.

[@vcash1112]

Im gen X ,and we are already in trouble ...Health care is insane 🤔

[@virenderkamboj5613]

I feel privilege, when I see you//// You are great sir.

[@briandsouza5718]

My question is How does he get all the information so accurate? How can a normal citizen like we in general can get information like this?

[@Kjoy6]

Great job with the Millennial series! Transformed my thinking and gave insight for my economic freedom.

[@ConnorOnTheWeb]

Best I can do is 50 bucks

[@bonethugsfiend]

Connor Tupper 😂😂😂😂

[@alexanderjosephross]

😄

[@louiswilliamcastro3624]

15.75 in the bank

[@mattball7074]

Roared at this

[@StoryBuddies1515]

This is the most serious problem that S. Korea faces right now. Our birth rate is below 0.8% and baby boomers are getting older and older and will soon become in the "liability category". As a result, we gotta pay for increased taxes to pay for their well-being. This is a truly horrible situation. On top of that, since the previous president screwed up the economy as a whole, getting a house or asset is just IMPOSSIBLE for us without mommy/daddy chances. We gotta find a way to get through this. Our generation is gonna be very harder than the old ones.

[@drnjayy]

Thank God for Robert Kiyosaki 😊

[@KaiAndrew]

The social problem is not the hard number of the national debt or deficit itself. It's the mindset and culture of Americans towards fiscal responsibility and money. The above average American would fail a money test. Not how much they make, but how well they have control of their income, savings, investments and debt. Since individuals have a hard time with money, it bleeds into our education system and ultimately our government. Having worked in in both, it is astounding how much money is wasted in universities and government entities through inefficiencies and just flat out poor money and equity management. There is a solution for our generation though. Become a principled entrepreneur and leader. You don't have to lead huge groups of people, nor startup or run a business. But understand the fundamental rules and habits of being a good entrepreneur and leader. Not only can it change you perspective to life, but you may also find things in your career, personal life and money grow as well.

[@kirkroyse7305]

Modern Maximalist great perspective also kids should watch dave Ramsey suzie orman

[@ejh_x2]

Thanks Robert & Alex!

[@sasufreqchann]

i demand alexandra and roberts knowledge to get me into the game ;3

[@TkGz]

our generation has crypto BTC and we will flip the balance of rich people

[@quocnguyen9507]

Tk Gz I think you might be right but you might be wrong BTC’s security transfer system is base on Elliptic curve cryptography. Some one could solve it and the whole system crack( especially AI, neurons networking are the major research. This could be a thread to cryptography. I do not believe in the existence of one way function) Or might be some other reason that I do not know

[@quocnguyen9507]

great comment this currency you are talking about definitely not BTC because using BTC, the process of transaction take about several hours to create block chain. Imagine this, you would not want to waste several hour in the grocery store buying thing don't you if it is crypto currency, it must be something different from BTC

[@TkGz]

btc is still under dev we have segwit and lightning network and more more technologies to apply to it, but after 15 - 20 years i am sure it will not be the one globale cryptocurrency maybe 'IOTA NANO or its not yet created''. but we will see a big shift in power in the next few years.

[@TkGz]

and about the security of blockchain it can't be hacked and that's the beauty of it, unless you have a big big calculating power in order generate fake blocks and insert them in the btc chain.

[@quocnguyen9507]

It can be hack I am a math lover The block chain is basically a function of elliptic curve recurring counting function One can try to solve every whole number solution of the elliptic curve function. And base on that we can approximate the number of time apply the function. This is called the birch and swinnerton-dyer conjecture.

[@julianmedia]

Good evening Ms. Alexandra GONZALEZ and Mr. Robert T. Kiyosaki. Thanks for sharing another episode of millennial money.

[@Guy-mx4fb]

I'm glad he knows he had it easier, these older generations think younger ones are lazy, but millenials have to get more education then past generations, work more jobs for less money,and pay higher cost for everything

[@BakedUp]

Thanks for this Robert and team! More power to you.

[@carchaser9242]

You are the best salesman I had ever seen. 🥂

[@chris50317]

best mentor ever.

[@llllkljhgg4992]

this is way too much, too much that it can start a war in my sight

[@kevinsnyder2026]

Real estate is so expensive. How are people buying it with “no money down”. I asked several people and no one can explain this to me.

[@MichaelDavis-uu9zh]

Kevin Snyder I did a no money down with a va loan but i think you have to be military to qualify. (178k)

[@alexcameron2880]

Because you're not using your own money...

[@destinyij2097]

You use OPM - Other people’s money 😀

[@kevinsnyder2026]

Alex Cameron you still have to come up with 20 percent down. That is your Own Money.

[@Dhleeiv]

HELOC to buy 2nd, 3rd, 4th, etc...

[@overthechemtrailsky5930]

We need courage to be the investor

[@squishyplums2415]

Hello Robert, did you mean to say your finger cut stitch costed $3,400 and not $34,000? Because $34K for a stitch sounds horrendously high.

[@Jahguaar]

Knowledge supports growth.

[@kalkeikuu]

I'd rather be an Investor and a Business Owner. I started investing in cryptocurrencies and with those profits start a business in Hawaii. I'd rather be my own boss and not someone else's slave.

[@learnsomethingneweveryday1539]

As an educated guess, if your in your early 20's with positive cash flow at the end of the month after expenses, what financial strategies would turn out to be the best for 35 years time. (Educated guess/predicting the way the economy is heading and technology and human behavioural changes) Would it be smart to buy shares in companies that are doing very new futuristic concepts

[@ponta65]

I wish Robert becomes the next president. I think Americans and the world would be so much happier.

[@kenwilliamsvoice]

I hate when people write without speaking. But I dig Robert Kiyosaki

[@downbntout]

The smart ppl of every generation will grab onto whole plant nutrition with both hands and never let go

[@morg8735]

It was at the 3:11 minute mark that I realized the BB don't understand. We're not paying for your shit. We're not going to be using your money. We're going to be in sound, untraceable money. We're going to be in crypto. You all really need to look at money as a form of technology. Why was it developed? What function does it serve? Like anything else if a better more efficient technology comes along that solves the same problem as the existing one, then it's just a matter of time. It's just evolution. That big bill that Robert is talking about, when it comes due, is going to blow up the very currency it depends on. It's going to destroy the dollar. And those that are ahead of the curve will be nowhere near it. The fire escape has already been built, the BB have stacked the wood, and the current financial system is just waiting for a match. Good luck BB, your days, in every sense, are numbered. You better wake up and gain a very deep understanding of what the founding fathers were talking about when it came to the nature of money. You better take that piece of paper out of your pocket, that you know you need to survive, that you spend your entire life struggling to acquire and ask it, "What are you? How do you function? How did you function before? (and most importantly) How will you function in the future?" There are cycles of time that apply to humans, that are longer than a single generation. Look back to look forward. Apply the philosophies of old with the technologies of the future. If you have eyes to see and ears to hear, what is to come is painfully obvious.

[@joshmnky]

Wouldn't it make sense for taxes on capital gains to be the same or higher than income tax? You can build a business without investors, but that business can't exist without customers.

[@denisujana2568]

Hello... How if on the video there are text, it will be easy to be understood. Thank you very much

[@bitkowin]

That is depressing situation in our economy.

[@MrMarkCaudill]

We need to teach them how to build a life time residual income.

[@patriciariley5922]

Thank you Robert ...ii hope there is a future for the sake of the young people..?

[@postmanpatpat]

Your videos series is unorganised It's very difficult to find the next episode maybe this is the first episode

[@cristobalmarcobuceo]

$34,000 medical bill for a cut finger?

[@matthewkirby5394]

Cristobal Marco Buceo i need to learn to stitch fingers

[@numnutzzz]

talk about exaggeration. Unless he stuck his cut finger up his butt and got it infected.

[@matthewkirby5394]

numnutzzz haha..best comment ever on youtube.

[@sschulen]

If the rich Dad come to doctor he must pay more. If the poor Dad come there less - fair isn't it?

[@28KKaann]

i guess he ment 3400 but still thats insane

[@yaroslavmuradian5959]

Read Ayn Rand "Atlas Shrugged".

[@sofiarose2543]

Its always been like that..what's new!!..An entrepreneur earning money while scarmongering clever man!.created a job for himself! ..some of us will die along the way..just live the best life you can!

[@vegasrichsave]

Thank you mister Kiyosaki.

[@Kwameking1]

Thank you Sir for helping US

[@drnjayy]

No need to panic,things will be fine.😊

[@albapronarealestatemarketr4868]

That's true, and that's why so many pension plans are learning the lessons of The Rich Dad !! :)

[@hanswinardi8264]

Hi there, I wonder if the movement of BB into liability will also happen in every country, eg. Indonesia and other developing countries. Are there any factors /hints that we need to learn and/or can consider when the movement happens?

[@sim9199]

inflation, 265 trillion is unplayable in todays dollar, but what if an average salary was 1 billion dollars, a new car cost 1 billion dollars, milk cost 100k? you could pay it in that world. or what about the fact of fiat currency survival rate over history 0% , however this resolves, its going to be worse that 1929

[@HogOnWelding]

Thank you!

[@dennisc4563]

Can you please make a video for the younger people about mutual funds, Roth IRA, etc.. explaing what's the difference and which one is better to have. Also which would give the most compound interest.

[@mochaberry7728]

Dennis C, Robert isn't a fan of mutual funds he rather invest in businesses and real estate he stated it to his books, because you don't have control investing in mutual fund

[@dennisc4563]

Yeah but I don't have that kind of money, so I was thinking in a long run plan with compound interest. Putting away a little at a time. But I understand he has his belief and his is more safe most likely.

[@mochaberry7728]

Dennis C why not start up to paper assets first, stocks and dividends. That's what he advised to his other videos.

[@RyanKlein15]

Dont do it. Invest in yourself.

[@mochaberry7728]

Ryan Klein that's actually the good way to start, guide to investing by Robert kiyosaki is a great book to read Dennis. 😊

[@TrueBagPipeRock]

great show. The young lady and RK have a good conversation.

[@RealCocaCola]

If congress can normalize the budget and stop growing the debt, inflation will catch up and after enough time, 200 Trillion will be considered pocket change. We don't necessarily have to pay it off.

[@patriciariley5922]

BTW. .the young people today think everything should be free...and they don't need to be responsible or held accountable for their actions...not all of them think that way but a lot of them do....

[@ericp1139]

Patricia Riley eyeroll. Found the millennial basher. Young people created KZbin, the very thing you are commenting on.

[@mrmarkl328]

35000 dollars is because Roberts got his own private doctor team

[@muhammedk9648]

Simple. The US will issue more Treasury bills, and the world will go wild for it.

[@Jeffybonbon]

in the UK the Property investor is being taxed more and more its started

[@mack3turbo]

Thank that to America

[@josephturner7388]

So if every millennial becomes a investor and business owner, who pays for social security considering they all get tax breaks? I love how he teaches the thought of money but he never says how it would work if everybody practiced his program. The way I see it, it would never work if everybody practiced his program. Can’t everybody be a business owner and employ people if they are practicing this same plan. Somebody has to build houses. Somebody has to work at the grocery store you shop at. I am very curious how he could/would explain how all the services and products we need and use would be available if everybody practiced his program. If this only works for a percentage of people in our economy, he needs to add that as a clause. I can see Dave Ramsey’s plan working for everybody but not his plan. Please share with me how this would work!

[@yeesunher6278]

Can anyone suggest where can I get more information regarding this kind of news? I read TIME and some other materials, but I just feel that most of them are not really relevant.

[@Angel-O369]

Sun H. Yee, lots of great information on zerohedge.com. Also follow the official KZbin channel of Peter Schiff, Gerard Celente's Trends in The News, Greg Hunter's USA Watchdog, Peak Prosperity, Rethinking The Dollar, Martin Armstrong, and will add more as they come to my mind!!

[@yeesunher6278]

Thanks a lot!!

[@richdadiran1778]

wow... thanks robert...

[@SeanPGribbons]

Cut social security

[@quocnguyen9507]

Since we create money from scratch There will always be debt The problem is how to balance between debt and GDP

[@Nach01988]

Hi thanks for sharing your knowledge, i have one question do this mean that we should be "saving money" until BB start selling their goods and then invest?, or all the opposite, and we should be investing as much as we can right now before they start leaving the boat? Or im getting it all wrong?.Im confused :) greetings from Spain

[@rong2480]

you have a point, tax will be raise again.

[@matthewmitchell68]

I think that 65 is way too young to retire honestly, their still around 10 years of good solid working, plus 65 to 70 are usually the highest incomes years that you could be making more money and not have to dig at all in any of your retirement nest

[@quocnguyen9507]

I think the national debt is not a problem since the GDP ratio with the national debt is nearly one

[@parthasarathimandal7945]

The funny thing about these people is that they always say they are concerned about the future of the millennials, and they want to help us by making these youtube videos to show us work around the real issues, instead of taking responsibilities and try to change the system. What they really care about is their money, nothing else! Horrible generation:(

[@DigitalHaze65536]

I'm gen-x and even people our age have to be more financially savvy, let alone the younger generations. Baby boomers could, for awhile, just throw their money in the BANK and be well off lol. (when I started working in 1989 you could get 6% interest on a simple savings account, double digit interest on a bank CD....now you need real estate or stocks to make money)

[@Andreas-yt9wv]

Yes, she was the host ☕😉

[@smoothiesful]

I totally agree

[@kirkroyse7305]

Watch dave Ramsey invest stay out of debt

[@ArthursHD]

35k for a stitch that is way too high. You could travel to Latvia get it done 5 times cheaper even with traveling.

[@levedia]

5 times cheaper 20 times cheaper and even free.

[@todescove]

I'm 28. Am I to late.. in my lifetime?

[@b3makinn]

maybe paying for parents will build a respect for elders that the US is losing

[@KBTadieh]

I've got my pitchforks ready ⋔⋔⋔

[@jamesloco4538]

Why the budget of military more any other budgets? I. Think if the government minimize putting lot of money for military stuff and spend it for education system I think gonna best way to avoid an economy crisis in the future.. The government has a key to find many ways for next generation.

[@RyanKlein15]

yassine Elmoussalli there already is a ton of money for education. But it goes to teacher pensions and administrators.

[@ericp1139]

Because there is no Education Industrial Complex. Besides, the government wants to keep the majority of the citizens dumb.

[@andimohammadthareq6687]

So Thanos was right?

[@ralphacero2785]

The US is screwed and every other nation is not any better off either. Things are getting more and more interesting by the minute and I'm certainly looking forward to it.

[@Joule_Frog]

What if the government chooses just not to pay for those programs and the elderly have to rely on family, and a certain percentage of elderly get pushed into homeless and die as a result or have to resort to using "broken vase scamming" techniques?

[@rubenrosario4658]

If I was poor I.would have to work on the side doing odd jobs.

[@studioedin5288]

Solution= get rid of old people

[@Appachoppa112]

Its time to get out of the fiat currency enslavement

[@Slynell1]

$34,000 for one stitch? 😮

[@jeffreyrichardson]

Death and taxes Benjamin Franklin said that friend...

[@neginna7420]

Thank you Mr kiyosaki,I'm fun of you

[@NextGenerationInvestBangladesh]

A startup coming to disrupt homeownership, is that part of the calculation

[@didierdenice7456]

You look really good, Robert ! And you got your weight under control !... or your wife did it for you :-) You both take care !

[@sasufreqchann]

Alexandra has to kick ass now lol.

[@hellboys46]

_OH MY GODNESS THIS IS A NIGHTMARE BUT IS GONNA BE TRUE_ *I cannot believe it*

[@iloveamerica1966]

Robert, You had me up until $34,000 for a cut... That was ludicrous, why don't you just say that either there were complications or something.

[@jeffreyrichardson]

Invest in a sewing kit...

[@bldfinancial]

🚀 🚀 🚀

[@kevgi]

wow!

[@projectdevelopment9111]

E=60%+S=40%+B=20%? Thats a 120%?

[@ArthursHD]

It could be an example of the tax rate in the sector.

[@jbiliHacker]

im still a kid , those numbers are , i suppose, american state ones , what a about third world country , is it harder or simpler to become one of the B or I ? I'm wondering...

[@skylertheninja]

Is the answer here a war or a tax raise?

[@skochko9876]

FFS we are doomed. The economy is going to hell.

[@mattball7074]

Keep in mind... this was TWO YEARS ago!