Most Bitcoiners know about The 4th Turning, but did you know Howe's NEW BOOK is being released today?๐๐ฅ
''The Fourth Turning Has Arrived'' promises to be just as prophetic as Howe's two 1990s books.๐ฎ
๐งตTime for a thread on the 4th Turning & how Bitcoin fits into it!๐
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In 1991, Neil Howeโs book ''Generations'' predicted that there'd be a major crisis in the US by 2020. ๐
This same authorโs 1997 book, ''The Fourth Turning,'' was even more prophetic.๐ฎ
Regarding the period spanning 2007-2030, The 4th Turning predicted the US would see:๐
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โ
Rising populism & division
โ
War & conflict
โ
Economic collapse
Since these predictions, weโve seen events such as 9/11, 2008 GFC, Trumpโs election, and the widening division between the left and right in the US.๐ฎ
How did they predict this & why's it so relevant TODAY?๐ค
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The books uncanny predictive accuracy comes from a belief in cycles, repeating every 80-100 yrs.๐ฑ
Howe highlighted how the US goes through a 20-year period of crisis, every 80-90 years.๐คจ
Howe named these periods โ4th turnings'' & broke his 80-90 year cycle in 4 parts.๐
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1st turning= High(1946-1964)
2nd turning= Awakening(1965-1984)
3rd turning= Unraveling(1985-2007)
4th turning= Crisis(1929-1945) AND (2007-2030)
But why do these 4 stages seem to continuously repeat EVERY 90 years, and always end in a crisis?๐
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As strange as it sounds, the authors believed that WE are the ones who create these continuous cycles of freedom, oppression, & revolution.๐
Now, why are these patterns so cyclical?๐ค
Money & time are the 2 things that seem to reinforce these cycles.๐
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When the rich get richer, the poor want change!๐
Wealth concentration hits extremes every 90 yrs, or in 4th turnings...๐
Howe's generational framework is more focused on how the ''time'' we were raised, influences each generation's mood & how we later react to a crisis.๐
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Each stage, or turning is around 22 years in length, and corresponds to what Howe calls a generational archetype:
Hero, Prophet, Nomad & Artist.๐
Naturally, the time that we grow up & live in influences how we are raised, and how we will react to crises later in life...๐
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The 1st turning is known as the ''High,'' which is a time of peace & social unity.(1946-1964)โฎ
The ''prophet archetype''(Baby Boomers) are born during a High & they came of age during an Awakening, only knowing ''good times.''๐ฐ
The best part of the cycle comes next...
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The Awakening, or the 2nd turning, is a time when institutions are questioned in the name of individual and spiritual freedom.(1965-1984)โ
๐ฐThe Nomad (Gen X) are born during an awakening, coming of age during an Unraveling.
What happens when the nomads grow complacent?๐
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Then comes the Unraveling, as societal order decays, individualism is strong, and institutions are getting weak.(1985-2007)
The hero archetype are born in the unraveling & come of age in the ''hard times.''โ
Now, what happens when things start to fall apart?
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A big catalyst hits, causing the demand for order to skyrocket!๐
How society reacts to a catalyst signals whether we've entered a 4th turning or not.
The authors say we entered this 4th Turning with the GFC.(1929-1945) AND (2007-2030)๐ฅ
How will we reshape our world? ๐ฃ
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The authors conclude society will once again collectivize to remake institutions in today's 4th turning.
Is history really a repetitive loop? ๐
This is where I believe technology has changed the game, in particular Bitcoin & another 1990s book about the future of tech..๐
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We'll answer those Qs in more detail below in a moment, however, in the meantime...
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Now, let's dive deeper...๐๐ณ๐
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There is no alternative in the digital age if we want to remain free.โ
If we once again โcollectivizeโโ to resolve our current 4th turning, we risk slipping into Orwell's 1984 nightmare!๐จ
Technology HAS changed & we've reached a crossroads with CBDCs fast approaching.๐
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1 road leads to a Bitcoin standard & the other to a technocratic dystopia.๐
Will BTC be the ultimate factor in ending this cycle of turnings in the age of nation-state empires?
Is tech creating the ability to create a ''FOREVER cycle?''๐ค
As I wrote in 2021, I think so๐
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I want to leave you with my MOST important message:
The 4th turning tells us clown world will end, have HOPE. It's up to us to shape what comes next!๐คก
Will you be a Hero, Prophet, Nomad, or Artist in this cycle?๐
I explored this thesis in more detail in TWO places.๐
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For those who prefer video, I covered this topic in detail on the Money Matters YT channel:๐
For those who can't stand dodgy Australian accents and prefer to read my ramblings, scroll on my friend...:๐
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For those who want to read more on this topic, we explore these topics in great depth in our free newsletter that's dropping tomorrow morning:๐
๐งFind our newsletter here:๐
๐ฃYou can also catch me on NOSTR๐ฃโฆ https://t.co/jPT5NUtIYb https://t.co/boN0ZF9Udmlinktr.ee/coinbeast
twitter.com/i/web/status/1โฆ
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