The Stock Market Will Do All the Heavy Lifting

We will have some sort of a contraption that we don't quite understand very well that will inject leverage into the system at the worst possible time. So crashes are a uniquely human event, and we will continue to have them. I think what this means though, is that the sort of devastating, decade long depression like we had in the 19 thirties is extremely unlikely. The stock market is a wonderful place to build wealth and create a retirement and to fund your children's educations. And again, will do all of the heavy lifting if we'll just meet it half way. Man invested. Don't pull out because of loss aversion, and you will end up doing well, as