I said 10% average per year is risk free. If it collapses and never recovers for 50 years, then I'll agree with you but we both know that's not going to happen.

I said 10% average per year is risk free. If it collapses and never recovers for 50 years, then I'll agree with you but we both know that's not going to happen. It's not going to happen precisely because the system is a scam and in reality there is no risk. The only real long term risk to stock prices is total societal collapse. If the government keeps bailing out inefficient corporations, eventually they will get exactly that. Now there are many less painful options available, but by constantly brushing them under the carpet, the government and the fed are making total socio-economic collapse an increasingly appealing option to solve our systemic problems. They could just try to solve the problems now, but instead they prefer to let the tension build... Just like it did before WW2.