Where else are you supposed to put your money? Bonds? Real estate? A bank savings account? Good luck. People will not be able to live with their own failures. And where will that bring them? Back to stocks.
At the root it’s nation state currency being manipulated.
Like in 2008. Privatize the gains and socialize the losses.
The entire ledger needs a wipe. It’s pure emotional bias to suggest the future is obliged to carry the debt of the past. There’s nothing in science suggesting such a truth exists.