Internet

The crash of 2007 is different than the crash of 1987. I do not know if the markets will come back the way they have in the past. Many of the industries that caused the last boom in 1954 are now dying. This time things are different.

The big difference between the 1987 crash and the 2007 crash is the rise of the Internet. The Internet is changing everything. Along with a toxic dollar and bankrupt government, the Internet is one of the primary causes of people being left behind, causing unemployment to increase.

I believe the Internet is bringing a shift to the world a million times more profound than Columbus discovering America in 1492. Just as explorers like Columbus opened the world to new wealth, the Internet is opening even larger worlds of wealth to today's explorers.

Yet there is significant difference between Columbus and the Internet. People could see the changes that Columbus brought. They could see ships, cargoes of plundered wealth, and drawings of natives and their land.

We cannot see the world of the Internet with our eyes. The world of the Internet is invisible, and we have to see it with our minds. And that is why people are being left behind. They cannot see the changes that are remaking their world. In their blindness, they are becoming obsolete.

— Robert Kiyosaki; Rich Dad's Conspiracy of The Rich

In the Industrial Age, the rich nations of the world controlled the world's natural resources such as oil, metals, lumber, and food. As the Information Age grows, no longer will the rich and powerful nations have a monopoly on the world's true natural resource— our minds. In the invisible world of the Internet, the genius of the world will be unleashed, and class lines that are centuries old will be erased. A new mega-rich will rise.

— Robert Kiyosaki; Rich Dad's Conspiracy of The Rich