Global Financial Crisis

Last Updated: Jun. 17, 2014

The Global Financial Crisis (Fourth Turning, 2008-2029?) was recently catalyzed by the 2008 global financial meltdown—leading to the most severe global economic downturn since the Great Depression—and by the historic Presidential election of that same year. With public trust continuing to ebb, the regeneracy phase of this crisis (in which civic purpose begins strengthen) still seems years away, and the crisis climax is well over a decade distant. Most likely, this Fourth Turning will come to an end in the late 2020s, just as the rising Homeland Generation is beginning to embark on careers.

  • Boomers entering elderhood
  • Gen-Xers entering midlife
  • Millennials entering young adulthood
  • Homelanders entering childhood


    In This Section