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The Fourth Turning is Here | Neil Howe Explains What Comes Next

Excess Returns 49,019 2 days ago
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What does it mean to come of age during chaos—and how does that shape the generations who must lead us through it? In this thought-provoking episode of Rabbit Hole, Dave Nadig speaks with Neil Howe—author of The Fourth Turning Is Here—about the evolving role of Gen X in today's world, the generational dynamics underpinning societal shifts, and what history teaches us about crisis, community, and rebirth. This is not just a theory session—it’s a practical guide to understanding where we are in the cycle and what might come next. Topics Covered: Why generational transitions are slowing—and why that matters The Gen X identity crisis: from latchkey kids to future elders How community rises from conflict during fourth turnings Millennials' collective investing mindset vs. Gen X contrarianism The historical role of financial repression and inflation in crises Parallels between Gen X and the Lost Generation How institutions are built—and who builds them Will the next societal reboot be state-driven or community-driven? Global synchronization of generational crises and what that implies What comes after the fourth turning—and how Gen X fits into it Timestamps: 00:00 – Tax, borrow, inflate: the recurring pattern 01:05 – Introduction to Neil Howe and the fourth turning framework 02:00 – How the current crisis aligns with Howe’s generational predictions 05:06 – The delayed maturity of Gen X and leadership transitions 07:05 – The Gen X ethos and worldview 08:42 – Millennial collectivism vs. Gen X individualism 13:34 – Lessons from the Lost Generation 16:58 – Scenarios for the next 5–10 years 20:00 – The consolidation moment after crisis 24:06 – How individual risk aversion can lead to collective risk-taking 28:13 – Will the next turning reshape capitalism? 30:00 – Inflation as a crisis solution, not a problem 31:00 – Financial repression and investor implications 33:00 – Trump’s prescience and the structural path forward 36:00 – Global generational synchronization and crisis 39:20 – Repeating history when memory fades 41:00 – Is the next institutional structure necessarily state-based? 43:40 – Conflict as the incubator of community 47:04 – The Gen X mission: from outsiders to builders 51:06 – Why Gen X may lead the next institutional resurgence

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