Finance guru who's beaten Wall Street for 25 years makes doomsday prediction about future of California

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Finance guru who's beaten Wall Street for 25 years makes doomsday prediction about future of California

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The financial guru who correctly predicted the disastrous Lehman Brothers collapse in 2008 offered a dismal outlook on the future of California. Robert Kiyosaki, the author of Rich Dad Poor Dad, is known for making hyperbolic predictions about the US economy - and this time he has a grim prognosis for the most populous state in the nation. 'The problem is California is going broke,' he wrote on X. 'California will begin raising taxes and cutting subsidies to the poor, to prisons, environmental problems, and teachers unions.
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