A more recent example is the stock market selloff in 2022. Although it pales in comparison to Kiyosaki’s projections of the biggest crash in history, CBS News reported that 401(k) and IRA plan participants experienced an estimated loss of around $3 trillion (5).For instance, during the housing and credit crisis of the late 2000s, American households lost approximately$16 trillion in net worth (4).A market crash of this magnitude could be devastating for most retail investors.In a X post on Dec. 10, Kiyosak ...