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‘Rich Dad, Poor Dad’s’ Robert Kiyosaki Says He’s $1.2 Billion In Debt Because ‘If I Go Bust, The Bank Goes Bust. Not My Problem’
Robert Kiyosaki, a best-selling author and seasoned investor, has a distinct philosophy on debt and investment. In a Nov. 30 Instagram reel, Kiyosaki elaborated on his debt philosophy, highlighting a critical distinction between assets and liabilities. He said many people use debt to buy liabilities, while he uses debt to purchase assets. To illustrate his …