The Fourth Turning – An Interview With Neil Howe…”creative destruction. That’s how I prefer to see what happens in a Fourth Turning.”
by Erico Matias Tavares of Sinclair & Co.
ZeroHedge.com
07/03/2015
“…If the S&P500 were to come down by 50% look at the bright side. The Millennial generation can finally buy into America’s future at a good price. Look at what they are facing right now: very little return on their savings and very lofty prices that they have to pay to invest in their future. So we often forget that these wrenching dislocating financial events, particularly for older generations, can create opportunities for the young, and often create space for something more durable for the times to be built. So I’ll just summarize it with Schumpeter’s phrase: creative destruction. That’s how I prefer to see what happens in a Fourth Turning.”
The Rest…HERE