A new mega-rich will rise
An educated slave class was a dangerous slave class. Today, we fail to teach kids to be financially literate. It is another way of creating slaves - wage slaves. Conditioned Response Immediately after leaving school, most kids begin to look for a job, save money, buy a house, and invest for the long term in a well-diversified portfolio of mutual funds. Now that millions are losing their jobs, what do they do? They go back to school to get retrained, look for a new job, try to save money, pay their mortgages, and invest for their retirement in mutual funds. And they teach their kids to do the same. Ivan Pavlov won a Nobel Prize in 1904 in Phsyiology and Medicie for his research on the digestive system of dogs. Today, when we hear the term Pavlov's dogs , it refers to conditioned response. Going to school to get a high-paying job, saving your money for a house, and investing in a diversified portfolio of stocks and mutual funds is an example of a conditioned response. Many people can...