Everyone is scared: Nobel Prize winner Shiller
Source: CNBC
The human race has deep underlying fears about technology and the lives their children will lead and this can be seen – in all places -- in the negative yields in bond markets, Nobel Prize-winning economist Robert Shiller told CNBC.
"I think fears have been growing for years that represent the willingness of people to bid up bond prices," he told CNBC Wednesday.
"They are worried about their future. They are worried not just about next year, they are worried about the next twenty years, the next forty years. So they are desperately trying to provide for that, they'll even accept negative yields."
... Shiller added that Davos had taught him that people are trying to make sure they are in the top 1 percent of global earners. "This is desperation for many people," he said.
Read more: http://www.cnbc.com/id/102374842
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that when they unleash them on the 99%, they might turn on their 1% masters. What will become of their little 1% mini-mes if the world is taken over by their robots? 
Why is Sheller claiming that "the human race" has this fear based on what he witnessed at Davos? Oh, wait a minute, now that he's one of them, they're "the human race." I guess the 99% are just detritus. 
