Several U.S. states are on their deathbed – at least according to “Rich Dad Poor Dad” author Robert Kiyosaki. In a viral post on X that grabbed over 146,000 views, Kiyosaki listed ten states he claims are “collapsing” as residents flee: Hawaii, Mississippi, New Mexico, Alaska, Nevada, West Virginia, Louisiana, New York, Illinois, and California.
The internet, predictably, lost its mind. Critics pounced, demanding data to back up these doom-and-gloom predictions. They pointed to those pesky little things called facts – like U.S. Census projections showing population growth in 42 states by 2025. With the national debt reaching 33 trillion dollars, many question if state-level problems are symptoms of a larger financial crisis.
Even Hawaii, supposedly dying, welcomes 72,000 new residents yearly. Not exactly a mass exodus.
High costs of living, state tax policies, and rising crime rates are driving some folks to pack their bags and head for greener pastures. But “collapsing”? That’s quite the dramatic flair there, Mr. Kiyosaki.
Sure, people are moving around, but calling entire states “collapsing” is like saying your house is falling apart because the paint’s peeling.
Mississippi, for instance, has seen an 18.7% GDP growth since 2000. Some collapse.
This isn’t Kiyosaki’s first rodeo with dire predictions. He’s been waving red flags about economic doom while championing gold, silver, and bitcoin as financial lifeboats. His recent posts have specifically highlighted Bitcoin and precious metals as secure investment options during uncertain times. His latest state-death-watch fits neatly into his broader narrative about America being functionally bankrupt and unable to manage its debts.
The social media firestorm that followed his post sparked heated debates about economic policy, leadership, and migration patterns. Financial outlets jumped on the story, turning it into a full-blown controversy.
Sure, some states are facing challenges – sky-high housing costs, job market issues, and questionable government policies aren’t helping matters.
But here’s the thing: Complex economic shifts and migration patterns don’t exactly fit into neat little “collapsing” boxes. While Kiyosaki’s influence in finance circles remains strong, his dramatic state obituaries might be a tad premature.
Sometimes a state isn’t dying – it’s just having a rough decade.