Wall Street, or Las Vegas?
And yet, there is no movement by American legislators or regulators to address the fundamental problem that is a wanton disregard for the sanctity of the common people's private wealth.
Which is a galling thing - given how the largest part of the pensions system over the last 25 years has been re-engineered to the notion of "self-directed investments." Canada got caught-up in the madness as well, which is not unsurprising as our economic elites only mimic the behaviour of Americans anyway.
This is a disaster in the making; a disaster which will afflict some of the most vulnerable in our society - the elderly. And it will hit hardest when the largest demographic the nation has ever known - "the Baby Boomers" - retires. It will impoverish us all.