https://finance.yahoo.com/news/rich-dad-poor-dads-robert-193714809.html
‘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’
This cynical statement is a stellar example of the irresponsible attitude his “sage advice” sets for the general public.
The Yahoo Finance crew, including the reporter of this nonsense, should take a fresh look at the application of the TNSTAAFL rule for ordinary people: There is no such thing as a free lunch! (TNSTAAFL)
As an interesting sidelight, take a look at the comments from the readers, mostly ordinary folks who see through this Yahoo-sponsored line of baloney, apparently copied without any further thought from Benzinga.
It would make more sense if this “news” were labelled as a paid ad.
Perhaps the bankers who lend money to “Rich Dad” should take another look at their exposure.