The economy cycles from deflation to inflation to what economists call disinflation (low inflation) and back to deflation in a long cycle that lasts roughly 70-80 years. The driving force behind the cycle is credit. In the 1920's the U.S. stock market reached a "bubble stage" after a long period of credit & economic expansion. Then came the market crash & the ensuing depression. Suddenly a whole generation of Americans were not inclined to borrow or lend money. They became savers, hoarding their hard-earned money in case bad times returned. Prosperity returned however, and successive generations were less & less conservative about credit & debt. Inflation peaked in 1980 and there after the economy entered a plateau period called disinflation, which is really just lower or slowly declining inflation. This is an ideal environment for the stock market. By the 1990's credit was the way to go for EVERYONE. A massive debt bubble that was 70 years in the making MUST now DEFLATE! No one individual or group or administration "caused" this to happen. But, happen it did and now the party is over and it's time to pay the band.
Hehe, I suppose you are having a problem choking down the chicken feathers. Allow me to explain. Since silicon is approaching its physical limits, a certain scientist has been looking for a suitable replacement medium. He mashed chicken feathers and plant oils and found that its porosity allowed low-voltage electrical impulses to travel twice as fast, and only half as hot. If this process is adopted, then in a way it could be said that CHICKENS WILL BE HUGE in the next tech. That is the kind of thing I am on the lookout for.
You are reading, but not listening. I know that tech evolves. Notice I said "new tech" as opposed to "tech as we know it". Tech does evolve, and the next face of tech may look nothing like this ugly mug. It isn't gonna be silicon, I'm sure of that. Chicken feathers maybe...
Tech evolves. Evidently you've been burned. Don't allow it to affect your judgement. I will be richer and you will be poorer when tech returns.
You might won't to revert to your inheritance for your retirement.