Rich Dad’s Conspiracy Of The Rich The 8

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Robert Kiyosaki launched his recent book as a viral event by having chapter by chapter freed online and gathering remarks from readers. The end result is a physical book “Conspiracy of the Rich: The 8 New Rules of Money”.

Judging by the stream of traffic flowing to his ConspiracyOfTheRich.com website and remarks from readers, it has not put the world alight, but worked reasonably well.

Robert Kiyosaki is best known as author of the best-selling book “Rich Dad, Poor Dad” and ever since that book came out in 1997, he and his colleagues, has just kept publications to come.

The controversy over the years has focalized on Kiyosaki’s view that your house is not an asset (instead it is an obligation, because it takes cash rather than makes money) and that mutual funds are unsafe and losing investments.

You may say that by the time he writes this book in 2009 his views have, at least in part, been shown to be accurate.

Kiyosaki was debatable in 2002 when he came out with Rich Dads Prophecy predicting a crash. His assertion that the demographics of the Baby Boomer generation and the laws of their retirement investments would lead to a heavy crash in the stock market when they stopped working and started out living off their investments. He anticipated this to be sometime from 2010 onwards, and it seems to be panning out.

However Conspiracy of Rich is his firmest statement literary statement yet.

Kiyosaki is at both bright and scathing; from the Introduction “The Root of All Evil”, to the later division on “Hijacking of the Education System”, where he compares the US to wartime Vietnam or the shanty towns of Cape Town in South Africa.

His message continues, “Today, those who have a strong financial education have an unfair vantage over those who do not.”

As always, Kiyosaki is speaking in general terms, using stories and metaphors (such as the tale of the big bad wolf and the three little pigs). He likewise references much from his former books. In fact, each one of his eight new rules may be found in his earlier books.

But this book also has more hard and applicable facts, and more solid warnings than ever before.

For example, in Chapter 10 he explains incisively why the recent chaos has been followed by seeming stability. The graph shows that he is rather of green shoots, are we plainly in the eye of the hurricane, and Lehman Brothers etc or worse is set to occur again, he predicts, within the next two years.

Chapter 12 shows that the U.S. stock market low on the Dow of 6547 in 2009 is no bottom, and that there is still much lower to drop.

A consistent criticism of Kiyosaki is that he is very repetitive. This book keeps the same style as the former ones. Kiyosaki response is that repetition is a share of learning, and I’d agree.

A few months ago I went back and reread Cashflow Quadrant, and was astonished at how much I felt that I was not even to pick out all those years ago when I introductory read it.

Personally, I ended up after much of Kiyosakis path to riches. I’d prefer say it is because I’ve followed his counsel but in reality it is more because my experiences have consorted again and again with his messages.

If you just want the guts of the “Conspiracy of the Rich” you may read the final Chapter 12 “If I Ran The School System”, but there are sufficient interesting stories in this book to make it worth reading all the way through.

If you are intimate with Kiyosaki’s most crucial books, and you grasp fragmental reserve banking, Fiat currency and the notion that the Federal Reserve is not federal or U.S., it has no reserves, and it is not a bank, then you may get the few extra nuggets gorgeous quickly.

If you are new to Robert Kiyosaki, or have not ran into Austrian economics (a term never used in the book) then it is both a treat, and a mental work out. More than any other of his books this one covers a lot of territory for the newcomer. This is also one of his most rudimentary books regarding cash and usual financial skills, and deserves to be read broadly.


Rich Dads Conspiracy Of The Rich The 8

In late January, 2009, Robert Kiyosaki launched CONSPIRACY OF THE RICH – a free online book which was written in serial basis to aid people understand how the current recession came about, and what they need to learn on how to survive through the coming rough years.

An unexampled publishing event for Kiyosaki and The Rich Dad Company, CONSPIRACY OF THE RICH is an interactive, “Wiki-style” project in which Kiyosaki has invited feedback, commentary, and questions from readers all over the globe.

The response so far has been totally fantastic. Millions and millions of readers have flocked to the internet site (www.conspiracyoftherich.com) to read what Robert has to say with regards to the recession, and the readers have posted thousands of comments. Some of those reader remarks will even be included in the final tradepaper version.

From Publishers WeeklyIn the latest installment of Kiyosaki’s Rich Dad series, he opts for an modern approach with for the most part diminished returns: engaged in a struggle with a way to inform intermediate citizens on the current economic crisis, and how to rise above it, Kiyosaki decisive to write a book in online installments, seeking the questions and remarks of his readers (which are peppered allround this print version). Though an undeniably effective technique for aid readers discern with the material, more professional input would have formulated a volume buoyed by more of Kiosaki’s lucid explanation, and less bogged down with repetition, poor pacing and a rigid view of government policies. Regurgitating dogma from former books without fleshing them out, it seems Kiyosaki is less fascinated in creating a new volume than in teasing his old volumes. Kiyosaki’s fans will doubtless buy this and may take pleasure in it, but readers new to the Rich Dad series will feel obligated to buy his other books for a proper understanding-something of a “conspiracy of the rich” in itself.
Copyright © Reed Business Information, a section of Reed Elsevier Inc. All rights reserved.

About the AuthorRobert 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

214 of 235 people found the following review helpful.
5Genius or Gimmick…you decide. Good Book Filled with Solid Info
By javajunki
First of all, I’m not a Kiyosaki fan…his style of writing just tends to annoy me however, he is one of those authors that is able to effectively communicate with the average person and often has one or two gems that make it worthwhile to read his books. Having said that, this book is a bit different than his others both in terms of content and style. It is primarily compiled from his website which by this point, is both a work in progress as well as a day by day breakdown of the current economic crisis unfolding as history. The book contains comments by readers of the website/blog as well as more traditional insight and commentary by Kiyosaki et al.

63 of 70 people found the following review helpful.
5Yes, Virginia, the rich do think you’re Santa Claus
By Marvin D. Pipher
This remarkable book is filled with factual information, both current and historical, and although that information may discourage or frighten some readers the book is written in such a casual style that it is almost as if its story is being told by your best friend. Only, in this case your friend actually knows what he is talking about. It is a great read, and the information it conveys is simply too valuable to miss. I only wish such books had been available forty or fifty years ago.

98 of 123 people found the following review helpful.
1This is why America is doomed
By An Audience of One
You want to know the secret to salesmanship? Agree with your customer philosophically so that he thinks you’re a kindred spirit. Then when his emotional defenses are down, sell him garbage.

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