That's true

And if we look at ourselves, us Aussies, we never consider that every time our compulsory superannuation takes a big hit, like it did in 2008, we don't count that as a failing, we blame the superannuation companies, when in actual fact, we, as individual stock holders are supposed to watch the market and move our super money to avoid losses. In 2006-7, the wise thing to do was to notify our Fund managers to move all our money to "Cash". And in anticipation of the stocks rising again afterwards, move all our money back into stocks

It's something I should have done ... as it was, I lost many thousands of dollars because of my naivety about investing. Learning from that demise, I started to take full advantage of the 6% interest at banks. I made salary sacrifices to short term deposits, no management fees, no losses, just increasing compound interest. I made a motza from that, it was far better than my superannuation at the time

These days, people are withdrawing slabs of money from their super, just to keep their heads above water ... I call that a collective failing

We also have a debt based money system, with billion$ paid in interest per month ... that's another failing in my eyes, we hardly get anything for the borrowed money, a submarine or two maybe