Many people do not "believe" the stock market is a worthy investment. In other words, they think it's just like betting on the horses or throwing money into a slot machine. That line of thinking isn't supported by realistic data (the house eventually ends up wining when you gamble), but this week this "stuff it in the mattress" thinking crowd looks pretty smart.
Due to the market woes, is there a fundamental problem in the US economy, an economy perhaps based too heavily on lending money to people who are in way way over their heads?
Will the big time debtors among all of us bring down the solid citizens who responsibly pay bills on time and expect their savings to move along nicely in mutual funds and bonds?
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