The Prophecy by Robert Kiyosaki

Hi Robert,

I haven't read "The Prophecy".... I understand, though, that he mentions a big depression in the USA after 2008 or 2010 or so....

A depression around that date has been predicted by Harry S. Dent for a over 10 years now, on the basis of demographics. The recent economic "boom" we've had has been driven by Baby Boomer spending (both for themselves and for their kids) from the money and assets they've accumulated over 20-30 years of working.... As more Boomers retire, they will spend less (since they'll have less disposable income) and the economy will decline....

I gave a summary of some of this in these posts....

http://www.sowpub.com/cgi-bin/forum/webbbs_config.pl?read=3719

http://www.sowpub.com/cgi-bin/forum/webbbs_config.pl?read=3726

I haven't read Robert Kiyosaki's "Prophecy" book, so I don't know what extra he might add to what Harry S. Dent has covered in his books....

- Dien Rice