Will another bank collapse? The author of 'Rich Dad, Poor Dad' has now predicted the failure of this bank- Watch Video

Publish Date: 17 Mar, 2023 |

Another bank is anticipated to experience terrible luck following the failure of Silicon Valley Bank (SVB) and Signature Bank of the United States last week. According to Newsweek, financial expert Robert Kiyosaki, who co-wrote the best-selling book Rich Dad Poor Dad, believes that Zurich-based investment bank Credit Suisse will be the next to go under as a result of problems in the bond market. Significantly, Kiyosaki had predicted the 2008 bankruptcy of Lehman Brothers, an American provider of international financial services, which ignited a global financial crisis.



Kiyosaki, while speaking to the media said he is “concerned” about Credit Suisse. Credit Suisse is the world’s eighth-largest investment bank. He related his concern to the "perfect storm" brought on by the impending retirement of "his generation of baby boomers" and the bond market crash.


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