The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that there is good news for investors looking for “bargains.”

Kiyosaki tweeted Saturday: “Q: What is worse than a great depression? A: a global recession.” He added:

Unfortunately, we are in global recession. Hang on. Rough landing for world. Bad news. Bankruptcy, unemployment, homelessness soar. Retirements toast.

However, the famed author pointed out there is good news for investors, elaborating: “Bargains [are] everywhere. Gold, silver, bitcoin priceless.”