"Central banks are made up of bureaucrats & academics who do not know what they're doing. they do not know how markets work. They don't know much about the real world. These guys can't save the world. All they want to do is save their jobs." - Jim Rogers
The horrifying truth is that (at least for the foreseeable future) the fate of the global economy will be determined by what the Fed does during the months and years ahead.
In this update, Robert Kiyosaki explains how many of the academic-elite experts that make up the Central Banks have little real-world financial education or actual experience. They live in ivory towers and, in most cases, are salespeople, more interested in getting you to buy what they're selling than they are in mentoring and guiding you through the complex financial world. As the current ???nancial catastrophe unfolds, millions of innocent hard-working people will be sent to ???nancial hell by these leaders without souls.
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad's Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, "Your home is not an investment," years before the Panic of 2008. His latest book is Fake: How Lies are Making the Poor and the Middle-Class Poorer.