Someone like Buffett is sitting on $381 Billion in cash. Households own stocks at record levels. You know the drill. You know who ends up holding the bag at the top. The average person should not be buying stocks at any time (in my opinion). Speculation in the markets is a very specialized skill. However, because of the corrupt and immoral fiat monetary system that we have, people think they have to own stocks in order to beat inflation. You can't blame people for that. On the way up, it makes sense. But the public doesn't sell in order to avoid the way down. They end up selling near the bottom, to people like Buffett.

It's a fact of life that poverty cannot be eliminated. Earth cannot be rearranged to be Heaven. Poverty, anger, war, envy ... can be lessened and improved, but not eliminated. And they can only be improved for a little while. Eventually viciousness prevails. Here's a great example: America was so non-interventionist in its early history, that Teddy Roosevelt was depressed about it. He yearned for America to fight wars. Roosevelt kept pushing and pushing from all angles. Eventually Roosevelt got what he wanted in 1898, and America has been a vicious empire ever since. There's no eliminating poverty, or war, or any of the other sins of man. But certainly, aspects of our lives can improve for a little while. Elon certainly contributes there. But elimination of ills won't happen.