I can only speak for myself, as I go out of my way to avoid looking at exactly how much money I no longer have. Luckily, all of that was tagged for far off in the future. I have some sympathy for people who were overinvested in the market relative to their risk profile, but you know they bought into the hype.

A lot of ink has been spilled on the topic. What's most interesting is what hasn't yet happened: dollar devaluation. In the market crash, stocks everywhere went down together, and the dollar has even strengthened against other currencies. My zillion dollar question is whether inflation will pick up in the U.S. and whether the Federal government will be forced to adopt austere, even draconian, budget and policy measures to deal with it. I've occasionally asked Google News for hits on stagflation. Two years ago? Almost nothing. These days? Lots more hits.