remember what i said about how a stock mkt crash is something only Wall St and the elite should fear? well, this proves that i'm right, and if anything, a stock mkt "crash/cleansing/deflation" will only level the playing field. it is not something to be feared, but in fact, encouraged.
The problem is that all of the wealthy elite that you reference control everything else in various ways. They'll get their money, regardless, so a crash serves to shake up the system and then the poor and middle class end up paying for it. It's complete lunacy to think redistribution of wealth is anything but a power grab that will utterly kill all production long term.
Or put another way, the top 10% are the ones doing all the hard work that the 90% don't want to do. You'll rise to your level of problem solving, so if your skill set is, "I know how to earn enough money so I can pay for my car and mortgage", that's what you'll get paid. If you can help solve the problems of a large corporation, that's what you'll get paid to do. And sitting around playing the blame game like the 95% are wont to do isn't going to help their situation. Instead, they should be reading quality books (e.g.
The Slight Edge,
Seven Habits of Highly Effective People, etc.), seeking to improve their education, exercising, eating healthier foods, paying off debt, etc. -- but while those things are all possible for anyone to do, they're even easier not to do. Not doing them today won't hurt you, but long-term you'll end up in the pits.
(Note: The general content of this post is inspired by reading The Slight Edge. I highly recommend the book; people need to stop looking for quick solutions and focus on improving Number One. Read 10 pages of such a book each dead -- e.g. instead of surfing Internet forums -- and by the end of the year you've read 3650 pages of quality self-improvement material. There's no way you could do that for a year and not come out a better person!)
