Those cows have left the barn. The only reason that everyone doesn't already know this is that they are in deep Leftist denial. The talking heads aren't stating the obvious, because the "connected money" needs to get fully repositioned without trillions of dollars of 401k money stampeding for the same exits.
I dislike the Left intensely, but I don’t believe they are stupid. IMHO, their behavior is not a matter of irrational denial. They know very well that the economy is in collapse mode; they are simply trying to keep this ugly reality penetrating through the thick skulls of the general public until the 2012 election, when they will then loudly proclaim it all to be the fault of the Republicans and capitalists.
Mark my words on this. I am convinced this is the Left’s game plan.