I made pessimistic assertions of the people's ability in general to estimate relative security. I hold the belief that the LONG term future will be good becaus

I made pessimistic assertions of the people's ability in general to estimate relative security. I hold the belief that the LONG term future will be good because capital will be allocated better. Do not see the conflict between these 2 statements. Also I was 17 in 2007, not sure if it's called ignorance but I didn't understand much of the economic environment at the time.