In a recent Facebook post, Robert Kiyosaki, the author of 'Rich Dad Poor Dad', warned that the global stock market is on the verge of collapse due to escalating geopolitical tensions, particularly following Iran's closure of the Strait of Hormuz, which is crucial for global oil supply. He pointed to a dramatic 12% drop in South Korea's KOSPI index, which he claims surpassed declines seen during the 2008 financial crisis and the aftermath of the September 11 attacks. Kiyosaki emphasized that traditional paper assets, which he describes as 'promises' from corporations and governments, are vulnerable during such crises. He advocates for diversifying investments into gold, silver, and Bitcoin, which he argues have intrinsic value and are less susceptible to market volatility. While Bitcoin saw a 6.5% increase to reach $71,000, Kiyosaki's warnings highlight the fragility of wealth built on paper assets in uncertain times. He concluded by urging investors to hold assets outside traditional financial institutions, as the current situation serves as a stark reminder of the risks associated with fiat currency and national debt.