The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End

by Neil Howe

FINANCIAL CRASH Thus far into the Millennial Crisis, America has experienced three financial crashes, the Global Financial Crisis (from the fall of 2007 to the winter of 2009); the Pandemic Crash (late winter of 2020); and a Post-Pandemic Crash (starting in the winter of 2022). All were global. A follow-on recession was triggered by the first two and seems likely to be triggered by the third.