The question I have is, is the world smart enough to learn the obvious lesson?

Hi Scruffy. My feeling is the world, excluding the US and UK, is smart enough to learn the obvious lesson.

The reason for excluding the US and UK is due to what I see and have seen and experienced in my 63 years. I was trained and educated to make money, but never was I prepared to "keep" the money I made. I had to learn that the hard way, and our universities don't teach it. In fact, quite the contrary.

I know of no doctors, engineers, lawyers, teachers, even accountants and MBAs, who have a clue why their pensions and/or savings will not provide the retirement security for which they had planned.

We here know through our "underground" media that the S&P or Dow Jones has not kept up with inflation for many decades. We know Treasuries, CDs, saving accounts have been futile for many decades. We know what the brokerage houses push are poison pills.

So why most of American and UK stupidity, or why are we the exclusion to the world's knowledge, must be the result of our educators, universities and large corporations, especially big banks/brokerages with long tentacles. Who gains from our stupidity...why they gain from our stupidity...how they form, gain from and promote our sheeple mentality...

The controlling interests will never allow those questions to be seriously exposed, therefore answered and/or cured, at least not in my lifetime. The best I can hope for is to try, as BigPic has done, to pass down my lessons to the next generation so they can avoid the savage determination of a few to financially rape and then kill the sheeple.