{"id":55858,"date":"2020-12-03T09:24:47","date_gmt":"2020-12-03T14:24:47","guid":{"rendered":"https:\/\/olduvai.ca\/?p=55858"},"modified":"2020-12-03T09:24:47","modified_gmt":"2020-12-03T14:24:47","slug":"this-was-all-predicted-10-years-ago","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=55858","title":{"rendered":"This Was All Predicted 10 Years Ago"},"content":{"rendered":"
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This Was All Predicted 10 Years Ago<\/a><\/h2>\n
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In 2010, the scientific journal\u00a0Nature<\/em>\u00a0published a collection of opinions looking ahead 10 years, i.e., where we are right now.<\/p>\n

Nature<\/em>\u00a0then published a short\u00a0response<\/a>\u00a0from zoologist\u00a0Peter Turchin<\/a>\u00a0in its February 2010 issue.<\/p>\n

Quantitative historical analysis reveals that complex human societies are affected by recurrent \u2014 and predictable \u2014 waves of political instability (P. Turchin and S. A. Nefedov Secular Cycles Princeton Univ. Press; 2009). In the United States, we have stagnating or declining real wages, a growing gap between rich and poor, overproduction of young graduates with advanced degrees, and exploding public debt. These seemingly disparate social indicators are actually related to each other dynamically. They all experienced turning points during the 1970s. Historically, such developments have served as leading indicators of looming political instability.<\/em><\/p>\n

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.<\/em><\/p>\n

We are also entering a dip in the so-called Kondratiev wave, which traces 40- to 60-year economic-growth cycles. This could mean that future recessions will be severe.<\/em><\/p>\n

In addition, the next decade will see a rapid growth in the number of people in their 20s, like the youth bulge that accompanied the turbulence of the 1960s and 1970s.<\/em><\/p>\n

All these cycles look set to peak in the years around 2020.<\/em><\/p>\n

Again, that was from 2010.\u00a0<\/strong>Right on schedule, we are experiencing the \u201cinstability spike\u201d Turchin says tends to come along every 50 years.<\/p>\n

Why 50 years? It relates to the human lifespan.<\/p>\n

Consider who was \u201cin charge\u201d during the period around 1970. Baby Boomers were all 25 or younger at the time. Managing the chaos fell on older generations, who remembered it well and spent the rest of their lives trying to prevent more of it.<\/p>\n

But after 50 years or so, they are mostly gone. We who remain must learn the lesson again.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

This Was All Predicted 10 Years Ago In 2010, the scientific journal\u00a0Nature\u00a0published a collection of opinions looking ahead 10 years, i.e., where we are right now. Nature\u00a0then published a short\u00a0response\u00a0from zoologist\u00a0Peter Turchin\u00a0in its February 2010 issue. Quantitative historical analysis reveals that complex human societies are affected by recurrent \u2014 and predictable \u2014 waves of political […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6,7],"tags":[3487,3519,2500,3488,8226,7758,3788],"class_list":["post-55858","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","category-survival-2","tag-cycles","tag-cyclic-history","tag-history","tag-history-cycles","tag-john-mauldin","tag-mauldin-economics","tag-secular-cycles"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55858"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55858\/revisions"}],"predecessor-version":[{"id":55859,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55858\/revisions\/55859"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}