Conspiracy of The Rich blog : Learn with Rich Dad Robert Kiyosaki how to Survive and thrive in today's economy, how to build assets, how to save money and increase your financial success, how to invest wisely and how to plan your path to financial achievement

Wednesday, June 8, 2011

There is a loan for everybody

Robert Kiyosaki : “No. You generally need 'A’ one credit if you are going to a traditional banker and it’s good to have 'A’ credit; but it’s not an excuse for not having it. There is a loan for everybody. You can buy a dodge truck with bad credit. The whole economy since 1971 has been based on debt; so our dollar bills are no longer money our dollar bills are now debt. For this economy to keep expanding, they need more and more people who are willing to go into more and more debt, which is why there is going to be a massive crash. It can only go so far.”

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.