I think the underlying problem is that so few investers and brokers really understand the basics of capitalism.
They think if they can turn a profit from reselling a stock then things are working fine enough.
And they do not consider nor are concerned with underlying rot in our monetary system and the huge debt that will lower our credit value.
These people think that there cannot be a run on the US$ because it has not happened in their life times.
Our nations economy is, at the micro-level, in the hands of morons.
Why then is the 10 year bond trading at 4.14%?