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In late January, 2009, Robert Kiyosaki launched CONSPIRACY OF THE RICH - a free online book which was written in serial basis to help people understand how the current recession came about, and what they need to learn on how to survive through the coming rough years. An unprecedented publishing event for Kiyosaki and The Rich Dad Company, CONSPIRACY OF THE RICH is an interactive project in which Kiyosaki has invited feedback, commentary, and questions from readers across the globe. Millions and millions of readers have flocked to the website (www.conspiracyoftherich.com), and some of their comments have made them contributors to the project, and ultimately this audiobook!
- Sales Rank: #1222234 in Books
- Published on: 2009-09-21
- Formats: Audiobook, CD, Unabridged
- Original language: English
- Number of items: 8
- Dimensions: 5.75" h x 1.50" w x 5.25" l, .58 pounds
- Running time: 540 minutes
- Binding: Audio CD
From Publishers Weekly
Starred Review. Like many other business books on the market, Kiyosaki's latest explains the origins of the economic crisis and how best to weather the storm and restore financial standing. But its clarity, hands-on approach, and practical tips make it far superior and user-friendly than its competitors. By offering bonus PDF charts and graphs, Kiyosaki allows listeners to go one step beyond the average audio book. Mallow gives a solid reading that conveys the material in an accessible, user-friendly manner stripped of theatrics to highlight the sound advice. Mallow's tone—serious but accessible, informative and never preachy—yields a sober and sincere performance that does the material justice. A Grand Central hardcover (Reviews, Sept. 21). (Oct.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
About the Author
Robert Kiyosaki is the bestselling author of the RICH DAD POOR DAD, which is the bestselling personal finance book of all time.
Most helpful customer reviews
5 of 5 people found the following review helpful.
Important, but repetitive
By SilverMalthusian
This is the third book that I have read written by Robert Kiyosaki. Robert does outline some extremely important points about the future & some of the critical turning points in the USA's financial history.
The problem I have with his writing style is that he is highly repetitive. 75-90% of the content in his books cover the same material & therefore only 10-25% of all the content in his books have something original or new to convey. Even so, I highly recommend reading one of his books. If you are not familiar with Robert Kiyosaki, the following are some of his central themes: make money through cash flow, not capital gains, learn to be a salesman, use debt to make money, an asset is something that puts money into your pocket & a liability is something that takes money out of your pocket, do not work for money & instead be a businessman &/ an educated investor. Robert refers back to his experiences as a young person growing up with his poor Dad who was his real Dad & his rich Dad who was his best friend's Dad. I actually like that he does this & how he compares their philosophies towards money.
The 3 most important things that you will get out of this book are:
1. The US money supply has exploded since the global financial crisis which will most likely lead to hyperinflation.
2. The future US federal budget deficits will grow exponentially for at least the next 10 years primarily due to increased expenditure in social security, medicare & medicaid. This is due to the demographic problem of the baby boomers retiring.
3. mortgage interest rate resets will peak a second time in November 2011.
What this boils down to is financial turmoil this decade & dare I say it, for at least the next 2 after this one. Robert Kiyosaki harpers on about opportunities that arise from problems, however I do not see it that way. Robert focuses in on finance because that is what he is an expert on, however I would argue that he is not telling the full story because he isn't an expert in other fields.
The other important issues to look out for in the future are:
1. Global peak oil is most likely to occur in 2014 & we are hopelessly unprepared for it.
2. Food shortages due to 7 reasons (1 of which is biofuels) will occur this decade in many nations.
3. Global peak fresh water is most likely to occur in or around the year 2025, according to the UN.
Behind this back drop, I do not see opportunity, I see a malthusian trap.
Some of Robert's concepts that I can't get my head around are that you can create cash flow immediately from an investment property. I live in Australia & the median house price to median income ratio is between 7 & 9 depending in which major metropolitan area you live in & the interest rate is more or less average. Unless you have a large deposit, how can rent yield be larger than the interest payment plus a minute fraction of the principal plus expenses (e.g. insurance, water, land tax) minus depreciation? Also, if everyone tries to be a business owner & investor & everybody quits being an employee, how is all the work going to get done? I would love an explanation of these points.
I do highly recommend reading at least one of his books, any book will do. Robert does make you think differently about how to make money, the world we live in & economics. He is trying to create a paradigm shift in your mind. The world needs more people like him who challenge conventional wisdom & make us think. Thanks Robert.
1 of 1 people found the following review helpful.
It's ok. Positive but ok.
By Dan
You know, I've read a lot of his books, I like positive people and I like Robert because he spreads positivity. I would recommend reading his books for that reason alone. But the older I get, I want more meat and potatoes out of my books. I read his books and they;re just so vague, it;s like he takes a long time to say something that could've been said one once sentence. Simple things are really embellished for along time and there are no real specifics. I want specifics these days- meat and potatoes. But that is really overkill, Robert deserves his success for being a positive guy. I really love his other authors though, lots of meat and potatoes there. I've bought and read about of those.
0 of 0 people found the following review helpful.
IF YOU'RE A MONEY SAVER YOU'RE A LOOSER. THIS BOOK WILL OPEN YOUR EYES [read now]
By michael
i like this book because Robert does a fantastic job explaining the money conspiracy in our country and world. if your wondering why you're always struggling financially and why US is in trillions of debt the book tells you why: the 8 new rules of money.
***BEST OF ALL robert shows how you can avoid the problem and save yourself and your loved ones.
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DISLIKES
-there's nothing i dislike about this book
LIKES
-simple plain english words used to describe complex banking terms
-gets to the point of what really keeps people broke financially
-financial education
-taught me how to become more discipline with the 8 new rules of money!
-eye opener
-affordable/reasonable price
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I'm a big fan of Robert Kiyosaki and also a student always learning from him and i recommend his other books: rich dad poor dad
Robert will always get a 5 star rating from me!!!
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