Part 8/10:
Viewing Kiyosaki as a genuine guide to wealth can be dangerous. His advice often reduces complex issues—like debt, real estate, or investments—to simple slogans or stories that lack nuance. Worse, his pattern of making bold predictions and then ignoring or dismissing contrary evidence undermines any notion of credibility.
For instance, his repeated incorrect market forecasts might lead followers to make reckless financial decisions based on faulty assumptions. His promotion of network marketing and seminar scams further blurs the line between self-promotion and genuine financial education, risking serious financial harm for followers.