You are right. It is a lot of your retirement funding, though. There is a lot of debt involved here too. Crash the companies, enough stakeholders get burnt, money gets sucked out of everything else.
It reminds me of 1990s Russia were the smart people didn't get caught up in capitalism casino and just kept tending their vegetable garden like they had done for centuries.
To quote Bob Dylan
"If you ain't got nothing you got nothing to lose"
Ha. Most people didn't have any money to get into the crony/gangster capitalism. Just peasants with their vegetable gardens. How many American have vegetable gardens?