MarketWatch/Shawn Langlois/6-26-2020
“Why do we care what he says? Well, back in 2010, he [University of Connecticut professor Peter Turchin] predicted on Nature.com that the U.S. would suffer major social upheaval beginning around 2020. ‘Very long ‘secular cycles’ interact with shorter-term processes. In the United States, 50-year instability spikes occurred around 1870, 1920 and 1970, so another could be due around 2020,’ he wrote at the time. ‘Records show that societies can avert disaster. We need to find ways to ameliorate the negative effects of globalization on people’s well-being.’”
USAGOLD note: Echoes of the Fourth Turning. …… and Kondratieff’s 50-year wave (as represented graphically above).
Image: Kondratieff_Wave.gif: Internaszonalderivative work: Agmen [Copyrighted free use]
