'Rich Dad, Poor Dad's' Robert Kiyosaki Says He's $1.2 Billion In Debt Because 'If I Go Bust, The Bank Goes Bust. Not My Problem'

flyingsheep@lemmyhub.com to News@lemmy.world – 261 points –
'Rich Dad, Poor Dad's' Robert Kiyosaki Says He's $1.2 Billion In Debt Because 'If I Go Bust, The Bank Goes Bust. Not My Problem'
finance.yahoo.com
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Yeah it's the common sense stuff we all know to be true. "Save and invest your money! Compound interest magic! Investments increase in value!"

IIRC he makes a case for ripping off his employees. Justification is that if he have them more money they would just waste it, but he will invest it.

Yeah it’s the common sense stuff we all know to be true.

If you knew how many people in America didn't have bank accounts I'm pretty sure you'd shit yourself, lol