I wouldn't necessarily extrapolate information from the past in such a simplistic way in order to find certain conclusions. The market may turn tomorrow or it may turn in three years. It's hard to tell. But you're right that we should be prepared for such a downturn when it does happen.

The market and those artificially stabilizing it have created an interesting system and one that suits them well for now. But I suspect that they overestimate their ability to control such things and all it will take is one random unseen event to cause a chain reaction in an artificial and fragile system with too much centralized risk.

The traditional markets may continue to rise despite the odds, because of good fortune, but if you keep pushing your luck, eventually you'll lose.