I understand you can't compare the 2 markets, but with the U.S S&P 500 up +27% YTD and the NZX50 negative down -4%YTD with only 6 weeks till Xmas

It truly shows how pathetic this country is being run, could the bear market in the NZ sharemarket last for years after such a glorious decade?

Yes.

Increasing interest rates
Poor leadership- left & right
Declining population
Over valued real estate
Low wages
Low productivity
Growing socialist movement
Anti Farming movement
Anti business
Over valued kiwi dollar

Why would anyone want to invest into this country??
(Unless your investing into the Australian owned banks)

Even with lower returns forcast for the S&P 500 in 2022 its still a far safer bet.