While I was home, of course, a big topic of conversation was the bailout and the state of the economy. I am so grateful that all my family is OK so far, but there were many not-so-funny jokes flying around about Old People Lemonade Stands. Seeing as our seniors are really the ones who will be the hardest hit, being unable to wait for the stock market to stabilize itself. Personally, I think my mother and aunt could make a killing on Etsy seeing as both are outrageously talented with the needle, but that is another topic for another day.
Oddly enough, one of the things I brought up during our conversations was the thought that all this seems cyclical. That our grand and great-grandparents went through the Depression and the further away we get, the less we remember their lessons. My last comment was, “I think I need to do some more research on that.”
Monday at breakfast, out of the blue, my business partner started telling me about a book she just finished reading called The Fourth Turning.
Here is the description of the book, written in 1997:
Just after the millennium, America will enter a new era that will culminate with a crisis comparable to the American Revolution, the Civil War, the Great Depression, and World War II. The survival of the nation will almost certainly be at stake.
Strauss and Howe base this vision on a provocative theory of American history as a series of recurring 80- to 100-year cycles. Each cycle has four “turnings”- a High, an Awakening, an Unraveling, and a Crisis. The authors locate today’s America as midway through an Unraveling, roughly a decade away from the next Crisis (or Fourth Turning).
Kinda creepy, huh?