Hate to be a stickler, but permabears have lost out in the long run of the  American markets.  The same cannot be said universally around the world - in fact, we are more the exception than the rule - and the youth of the United States are literally pushing toward and glamorizing failed socialist utopias where the population always says, "but our leader will be different"....but it always ends with the same result (and permabears, unfortunately, usually win)

https://www.youtube.com/watch?v=CUfRwYcaL-k