24 Jun '13, 3am

#peakoil Neil Howe: “The Fourth Turning Has Arrived”: In 1996, demographers William Strauss and Neil Howe publ...

There are patterns here which we recognize, and it is very important not to have historically amnesia. To look back and see where we have been, see where we are going, and more importantly, to understand the dynamics behind these social trends have familiar parallels. We just need to have the historical imagination to look far enough backwards and forward to see where else they have happened or to see where they possibly will happen again. I am nervous. I am nervous about the future right now. I think we have a lot more deep issues, deep crises to save in the economy. I am also very nervous about what I see geopolitically. We cannot possibly afford the government we have promised ourselves. And, that will be a painful process of deleveraging, and it is not just deleveraging the explicit debt that we have already actually formally borrowed, it is all the implicit debt. And,...

Full article: http://peakoil.com/consumption/neil-howe-the-fourth-turni...

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