I think you and Venkat agree. Venkat is saying that the current balance of power has tipped towards the investor class, and we are seeing the emergence of a new

I think you and Venkat agree. Venkat is saying that the current balance of power has tipped towards the investor class, and we are seeing the emergence of a new middle class while the old one disintegrates. He's not saying that this new balance is permanent, and in fact spends a lot of time developing the thesis that these shifts are always happening. I guess I don't see your point.