we're sitting here telling the middle class they should have been investing in the stock market or housing the last couple years. warren buffett said you never know who is swimming naked until the tide goes out. the tide went out and a lot of us were swimming naked. we have a lot of debt, a lot of credit problems and spent the last several years trying to work it off. we're not done so there's no extra money to be putting in the stock market. some did have extra capital, those who weren't swimming naked. >> i think it's cool that you're saying americans don't have that. i don't disagree but what is disputable is the idea there's nothing that can be done. do you disagree right now there are middle class americans who could take advantage of the gains but don't because they believe the economy is still bad. >> i don't know the future of the stock market so i wouldn't advise middle class or rich to put their money in the stock market. we're in unprecedented times and unprecedented levels of private debt, every central bank printing money. the future is unknowable. i don't know the right thing to do. >> it's always unknowable. >> that's right but some people