Neil Howe's Dire Prediction: Economic Stagnation and the End of Prosperity

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  • Опубліковано 6 бер 2024
  • In this eye-opening episode, James Connor sits down with historian, economist, and demographer Neil Howe to dive deep into the implications of generational trends on our society and economy. Neil, Author and Managing Director of Demography at Hedgeye Risk Management, discusses the cyclical nature of history and what the current "crisis" phase means for your financial future. Discover how to navigate these turbulent times with insights on protecting and building your wealth amidst looming economic shifts. Don't miss Neil's expert analysis on how generational dynamics influence today's investment landscape and what it means for your portfolio.
    SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at www.wealthion.com.
    Timestamps
    00:31 - Neil Howe's Background and "The Fourth Turning"
    12:51 - Child Labor and Generational Changes
    17:27 - Overview of "The Fourth Turning is Here"
    20:05 - Global Populism and Generational Rhythms
    23:21 - Current Crisis Period Analysis
    28:26 - Predictions for the Coming Decade
    33:17 - Political Divisions and Election Impact
    40:11 - Young Generation's Political Leanings
    44:05 - Economic Outlook and Employment Trends
    48:11 - Long-Term Demographic Shifts and GDP Growth
    53:35 - Closing Remarks and How to Follow Neil Howe
    ---------------------
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КОМЕНТАРІ • 354

  • @RikuLeppanen
    @RikuLeppanen 28 днів тому +2

    Gen X here. I fully agree what he said about my generation. We were left alone to explore. We were allowed to fall off our bikes or trees and get cuts and bruises. It was a perfect time to grow up. These days we protect our kids way too much.

  • @paulvarey2416
    @paulvarey2416 3 місяці тому +23

    Love Neil's framework for understanding big changes in society. I wish more reporters read his books so they'd be better at their job. Great interview where the interviewer let the guest shine.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the positive comment Paul and taking the time to watch our content!

  • @Susanhartman.
    @Susanhartman. 3 місяці тому +194

    In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

    • @Grace.milburn
      @Grace.milburn 3 місяці тому +5

      The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

    • @mariaguerrero08
      @mariaguerrero08 3 місяці тому +5

      Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

    • @mikegarvey17
      @mikegarvey17 3 місяці тому +5

      @@mariaguerrero08Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @mariaguerrero08
      @mariaguerrero08 3 місяці тому +4

      'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.

    • @ThomasChai05
      @ThomasChai05 3 місяці тому +2

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @bigqueue
    @bigqueue 3 місяці тому +26

    I've listened to Neil Howe for a number of years now, and these writings have absolutely been coming true. You can actually see it for yourself after you've internalized what he's saying.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @intradibles
    @intradibles 3 місяці тому +14

    It's really sad that these bad times are happening because as we go thru the good times over the past decades we've forgotten our collective beliefs that we originally learned from the people who survived the last crisis period (in this case, the Great Depression and WW2). Ouch! 😭

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I agree!

    • @bobcruz2826
      @bobcruz2826 2 місяці тому

      We dont have collective beliefs in the age of heavy immigration. When thing really go bad in America, immigrants will leave. We are not at that stage yet because America is still relatively good. People underestimate how bad things will have to get before it gets better.

  • @zwatwashdc
    @zwatwashdc 3 місяці тому +15

    Ironically, the size of sewer pipes is much more important than ‘fundamental values’. Societies that focus on the latter end up with no running water and electricity cuts.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Interesting perspective.

    • @ibrahimtall6209
      @ibrahimtall6209 2 місяці тому

      Nah, that’s just semantics, both are important, but the former actually suggests “values” of said society I.e good infrastructure is absolutely critical to a functioning society and bad also suggeste a moral decay

    • @zwatwashdc
      @zwatwashdc 2 місяці тому

      @@ibrahimtall6209 nah. I have been all over the world. A society can have a very strong set of values and be pre-occupied completely with questions of morality and virtue. And yet have no idea how to create functional basic infrastructure.

  • @pablo81778
    @pablo81778 3 місяці тому +28

    Mr Rogers cared about us Xers

    • @talisikid1618
      @talisikid1618 2 місяці тому +2

      And boomers.

    • @felixthecat2786
      @felixthecat2786 2 місяці тому

      Will Gen Xers ever get over this "no one care about us as kids" thing?

    • @ryankc3631
      @ryankc3631 2 місяці тому +1

      @@felixthecat2786We’re not complaining, we’re bragging. We had great freedom.

  • @SueFerreira75
    @SueFerreira75 2 місяці тому +35

    I have always been puzzled by the following Neil Howe has garnered with his book "4th Turning". Reading it when it was first published, I thought "nothing new here, we have known of these cycles for generations". If you have any knowledge of history, you now the stages of empire by heart -
    From bondage to spiritual growth
    From spiritual growth to great courage
    From courage to liberty
    From liberty to abundance
    From abundance to complacency
    From complacency to apathy
    From apathy to dependence
    From dependence back to bondage

    • @melissachartres3219
      @melissachartres3219 2 місяці тому +4

      Why puzzled? Howe is a rockstar in the industry. He help TO COIN THE TERM "millennial".

    • @ds94703
      @ds94703 2 місяці тому +1

      I like your multiple stages. Mapping it to so-called generations is Howes and Strause's contributions.

    • @resnick11
      @resnick11 2 місяці тому +11

      Good times make weak men.
      Weak men make hard times.
      Hard times make strong men.
      Strong men make good times.

    • @melissachartres3219
      @melissachartres3219 2 місяці тому +4

      @@resnick11 I appreciate the comment, but it's not really germane to the original poster's comment. This is the one you wanted:
      The Age of Pioneers (Outburst)
      The Age of Conquests.
      The Age of Commerce.
      The Age of Affluence.
      The Age of Intellect.
      The Age of Decadence.
      The Age of Decline & Collapse.

    • @robreke
      @robreke 2 місяці тому +5

      Maybe an academic like yourself thought “nothing new hear” but to nonchalantly dismiss it as if it has always been common knowledge doesnt do it justice . His book solidified these ideas and brought them to the fore even for non academics, so to speak

  • @greggcal4583
    @greggcal4583 3 місяці тому +8

    Gen X here. Divorce was everywhere growing up, but it thankfully did not touch my family and has not touched my children. Fourth Turning should be interesting.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment Greg! Yes it is always better when families stay together.

  • @dazedhavoc
    @dazedhavoc 3 місяці тому +81

    Gen x kid here. I was basically feral.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content. So do you agree with Neil?

    • @andrewhill1251
      @andrewhill1251 3 місяці тому +8

      Me too. I wonder sometimes that I'm still alive.

    • @11Bravo84
      @11Bravo84 3 місяці тому +12

      👍🏻😂definitely free range, the only thing that saved my life was a hitch in the army. Besides it was the only job I could find because all the baby boomers had the jobs

    • @TheBudgetWarrior
      @TheBudgetWarrior 3 місяці тому +13

      I think I changed my own diapers.

    • @11Bravo84
      @11Bravo84 3 місяці тому

      @@TheBudgetWarrior 😂👍🏻

  • @hnsbro
    @hnsbro 3 місяці тому +8

    been hearing / reading about this framework for several yrs now. It's compelling and makes great story which is part of why it seems to have become popular. I don't think it addresses the continuing concentration of power into a central government since our republic was founded. Regardless of the viewpoints of independently minded GenX "nomads", power in form of unelected bureaucrats and crony capitalism has been growing for hundreds of years. That power has not been reset as one would be led to believe in his cycle theory. This makes me skeptical that his hypothesis is more like an intriguing myth that's right just often enough to keep your attention.

    • @MaddieBr
      @MaddieBr 3 місяці тому +1

      I agree. Most of the power in the federal and most state governments is controlled by unelected bureaucrats/regulators. It is currently not possible for the individual citizens to escape such oppressive regulations. The need to support this framework has also created unprecedented government spending, supported by ever-increasing debt and likely by higher taxation in the near future, which will likely lead to some kind of collapse.

    • @Adam6t
      @Adam6t 3 місяці тому +1

      @@MaddieBrits called communism similar to Soviet Union

  • @WeekendsOutsideFL
    @WeekendsOutsideFL 3 місяці тому +11

    Best interview ever with the discussion of these cycles and the behavior of people

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the positive comment! We will get Neil back soon.

  • @timwhiting6721
    @timwhiting6721 2 місяці тому +3

    I am 08/08/82 ! I feel more like a gen x'er than a millennial , i remember the rotary phones and a life before the digital age.

  • @conorwhite2066
    @conorwhite2066 2 місяці тому +14

    Kids 100 years ago worked in factories... now they work on TikTok etc.. except vs making the products.. they are the product

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому +1

      It's Jimmy Connor, thanks for the comment Connor! I tell my kids this all the time.

    • @dannymcneely
      @dannymcneely 2 місяці тому +1

      that is so true but not sure of this is good or bad. i wonder what they will be doing in 100 years from now.

    • @talisikid1618
      @talisikid1618 2 місяці тому

      That was a bad thing not a good one. Research it. Dikdok should simply be banned.

  • @jamesbutler7080
    @jamesbutler7080 3 місяці тому +8

    I believe we are in the first long phase of the first part of the five stages of grief, I'm 39 years old.

    • @melissachartres3219
      @melissachartres3219 2 місяці тому +2

      No we aren't. It's not happening. (I'm in the denial phase)

    • @michaelrobertson1736
      @michaelrobertson1736 2 місяці тому +2

      @@melissachartres3219😂

    • @brianbeecher3084
      @brianbeecher3084 2 місяці тому

      @@melissachartres3219you mean just like the alcohol who denies having a problem.

  • @joebagodonuts8119
    @joebagodonuts8119 3 місяці тому +12

    Populism > Authoritarianism

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment and taking the time to watch our content! Interesting point and I will have to ask this during our next chat.

    • @wellsselbe
      @wellsselbe 3 місяці тому +1

      Authoritarianism often follows populism

    • @ciscoguru69
      @ciscoguru69 3 місяці тому +3

      @@wellsselbe It can certainly go that way. Depends on the populist.

    • @t-bo2734
      @t-bo2734 3 місяці тому

      Are Biden and Trudeau populists? They're closer to totalitarian than authoritarian.

  • @glenndallaire3449
    @glenndallaire3449 3 місяці тому +10

    Neil Howe's voice sounds exactly like Casey Kasem.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment Glen! I use to love Casey Kasem!

    • @robertwalker-gc1ds
      @robertwalker-gc1ds 3 місяці тому

      You mean shaggy from Scooby-Doo right?

  • @felixthecat2786
    @felixthecat2786 2 місяці тому +2

    All Millennials want is competency. We've been watching our society fall apart for 30 years. We've been observing in fascination as Baby Boomers flail and overreact to every single little disturbance.
    If you have a functional system that works then you will have a society then allows its citizens to make genuine choices about their future and outcome.

  • @JohnnyBlaze6954
    @JohnnyBlaze6954 3 місяці тому +5

    Wow. I’m listening to his book now and just put 2 and 2 together!

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment Johnny! How is it so far?

  • @jawbrace
    @jawbrace 2 місяці тому +1

    I read the Fourth Turning about 5 years ago. It was hard to get my head around it and after the third go around, it clicked. I got his new audiobook when it first came out last year. Read the new one. It's slower and more comprehensive. You won't be disappointed in the least. The hard part is explaining to a TikTok person.

  • @drSamovar
    @drSamovar Місяць тому

    "it was accidental" .....note that....the great bucky fuller said, "almost everything ive discovered was while i was looking for something else." Lesser noticed, but super important to keep these channels open, which tend to close when we form conclusions...

  • @Ogden1
    @Ogden1 2 місяці тому +3

    For 30 years, I've managed my portfolio, holding 3 shares of Berkshire Hathaway Class A stock (BRK:A) purchased in the mid-90s around $17,000. Now, I'm selling some to add new Gen. Stocks. Considering market instability, should I reinvest in Gold instead of stocks?

  • @robertpesche
    @robertpesche 3 місяці тому +9

    Wow, Neil's a talker!

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment Robert and taking the time to watch our content! Yes, he certainly is!

    • @edsacks
      @edsacks 3 місяці тому +1

      Watch and learn.

  • @bokkenrijder172
    @bokkenrijder172 3 місяці тому +2

    I struggled through “The Fourth Turning” and I found it both interesting but at the same time way too American-centric. When the US was in the geopolitical driving seat, I can understand how this made a huge impact on world affairs, but with other countries becoming more powerful (hint: China and the Global South), I think it’s much more valuable to look at the generations and demographics in those countries and continents.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! You raise a great point! I would love to see a similar study on China over the last 100 years.

  • @tactileslut
    @tactileslut 3 місяці тому

    A few seconds after 12:06 why does the sound drop several levels down?

  • @PhilipStoker
    @PhilipStoker 2 місяці тому +2

    Does longevity extend the generational terms?

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому

      It's Jimmy Connor, thanks for the comment and taking the time to view our content! I will ask Neil this the next time we chat.

  • @talisikid1618
    @talisikid1618 2 місяці тому +2

    Budget deficit is irrelevant. The debt is past repayment now. Too late to worry about it now.

    • @pedantic70
      @pedantic70 2 місяці тому

      We just need to get into the crash position and hope for the best. Events are in the driver's seat. As passengers, we need to put a big pillow in front of our face and hold tight. The car is off-roading and accelerating, and yet somehow no one's driving. The fourth turning could be our last turning. If we turn off a cliff, then in what sense, would it be the first turning when we hit the canyon floor? Maybe we will just be like Wiley Coyote and shake off the stars rotating around our heads. Or maybe it's just lights out.

  • @biden-putin-stalin
    @biden-putin-stalin 3 місяці тому +7

    Interesting, but? Should we think that people and their civilization are the victims of cycles? Or, people and civilization are the result of people trying and struggling agains the difficlties of life, weather, war, economics, invention, discovery, etc. Should we believe the inevitable cycle that will determine our future, that we cannot learn and improve? I think the great religions have been addressing this issue since the beginning of human civilization. The human race has advanced to where being civilized and following their beliefs as regards right and wrong and how to treat their fellow citizens. Right and wrong starts in the family, and then the community and church. People know right from wrong, in the instant they see it, and they respond to that instant. Unless we believe that right from wrong is cyclic, I think we should reconsider cyclic inevitability.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment and detailed analysis! You raise some very interesting points of which I will ask during my next discussion with Neil.

    • @stanleyshannon4408
      @stanleyshannon4408 3 місяці тому +1

      Things definitely go in cycles but it probably has more to do with chaos theory than generational attributes. Complex systems tend to fail in predictable patterns.

    • @michaelbrown5311
      @michaelbrown5311 3 місяці тому +1

      @@stanleyshannon4408 interesting point

    • @wellsselbe
      @wellsselbe 3 місяці тому

      Religion more often reflects the cultural moment than vice versa

    • @omerarduc7371
      @omerarduc7371 3 місяці тому

      your comments are really on point! I think the whole cycle thesis, though interesting, is not reliable like the seasons or the rising and falling of the tide and really comes back to the very basics which you articulated, family.

  • @federicocapitani8490
    @federicocapitani8490 3 місяці тому +2

    Meaningful !

  • @Karl-zx1pt
    @Karl-zx1pt 3 місяці тому +2

    I have the book sitting on the shelf, but I really need to read it.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I also have to read the book.

  • @michaelbrown5311
    @michaelbrown5311 3 місяці тому +5

    Great convo Jimmy!

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment Michael and taking the time to watch our content!

  • @ethanoswald355
    @ethanoswald355 3 місяці тому +5

    Well done gents! I was not familiar with the book but will download the audible. Neil raised some good points about generational changes which I honestly never considered before. I like his comparison to the changing seasons. I think this current generation referred to as Gen Z is f*cked.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment Ethan and taking the time to watch our content! I also plan on downloading his latest book.

    • @gmw3083
      @gmw3083 3 місяці тому +1

      There's already Gen Alpha. Apparently, they're even more fookd

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      @@gmw3083 Ha not as much as you and me because we will be looking after them.

    • @gmw3083
      @gmw3083 3 місяці тому +2

      @BloorStreetCapital Depends. I don't think the western welfare states can continue the shell game that much longer.

  • @3506Dodge
    @3506Dodge 2 місяці тому +1

    It's very telling that "13th generation" is not in print. It's the only one I bought when it was in print.

  • @melissastolhammer72
    @melissastolhammer72 2 місяці тому +1

    Great discussion! Thank you 🙏

  • @Viva_la_natura
    @Viva_la_natura 2 місяці тому +2

    Xennial (1980) from bunny ears and 13 channels to the internet. If this is the 1930's again, we are in trouble because we can't have a WW3...

  • @Mandy-lg1le
    @Mandy-lg1le 3 місяці тому +12

    Neil made the comment that the millennials are well behaved when compared to the x-generation. Having worked with young children for the past 24 years - I can say that children of today are far more protected and have a greater sense of entitlement than the older generation. They have grown up with less discipline and more empowered by their parents from a younger age. I was raised by older parents from the silent generation - my parents were very strict and respectful to authority. Almost to the point where they wouldn’t always stand up for themselves or question authority. Millennials have a very clear sense of their individual rights. Hard to imagine them signing up to go to war unless they have no choice.

    • @blikewat3r
      @blikewat3r 3 місяці тому

      “Unless they have no choice”. There’s always a choice. What’s lacking is integrity and courage. Many millennials succumbed to these weaknesses beginning in 2020. Let’s see if any have finally found their spine/voice. Speaking as a millennial observing with disgust.

    • @talisikid1618
      @talisikid1618 2 місяці тому

      And they won’t. Millennials and younger will become what others tell them to.

    • @michaelrobertson1736
      @michaelrobertson1736 2 місяці тому

      Millennials are the ones who fought in the Middle East wars you dopes -

    • @felixthecat2786
      @felixthecat2786 2 місяці тому +2

      Those are Zoomers. Millennials were born from 1981-2000. Generation Z were born from 2001-2020ish. Millennials were young children in the 80s and 90s, whereas Gen Z started elementary school around 2005 and the first Zoomers are graduating now.
      Gen Z known nothing except for the post 9/11, smartphone, post broadband internet world. Whereas many Millennials are in their 30s and early 40s. They were raised with a largely non internet based world and socialized in person with their peers. That's why their community building skills are significantly stronger than Zoomers. Gen Z tend to be isolated, lonely, and anxious.
      Millennials were likely the cashiers or fast food workers who cashed you out in the 2000s and post 2008 economic crash world. Gen Z were mostly small children in the post economic crash "recovery" era.

  • @j.tamburello4053
    @j.tamburello4053 3 місяці тому +4

    Great interview. Thanks Neil

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the positive comment!

  • @ImRickSanchez
    @ImRickSanchez 2 місяці тому +3

    Ww2 generation created the most prosperous time in human history. The boomers became compliacent and took everything for granted. They placed more importance on individualism then family and community, that's why they divorced so much. Now genx and millennials are paying the price.

    • @pedantic70
      @pedantic70 2 місяці тому +1

      The worst generation

  • @chrish9311
    @chrish9311 3 місяці тому +4

    Neil sounds just like Lionel Hutz!

  • @mattm9619
    @mattm9619 2 місяці тому +3

    I'm an expert in nothing but all you have to do is open your eyes and see we are turning into a rich poor country with no middle class. End of prosperity for the vast majority of Americans.

    • @pedantic70
      @pedantic70 2 місяці тому

      Maybe we're headed from be like North Korea for the next 100 years. It's the last turning. After that, we're stuck in permanent poverty and tyranny.

  • @clintcowan9424
    @clintcowan9424 2 місяці тому

    Great information. He was put here for this time.
    Id also recommend the price of tomorrow

  • @yocavallaro
    @yocavallaro 2 місяці тому +1

    I wish the interviewer was asking more interesting questions, but perhaps that’s what this audience wanted. -GenXr

    • @pedantic70
      @pedantic70 2 місяці тому

      It's one of the developments that happen during fourth turnings: the questions get less interesting and the answers less relevant.

  • @ValueHurts
    @ValueHurts 3 місяці тому +6

    Excellent interview

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the positive comment!

  • @rogerbartlet5720
    @rogerbartlet5720 3 місяці тому +5

    Neil's quite the chatterbox

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and yes he is a great talker with great insights!

    • @maplenook
      @maplenook 3 місяці тому +3

      He’s being interviewed…

    • @user-gl9iz1bp1r
      @user-gl9iz1bp1r 2 місяці тому +1

      Who do you want to speak? Those who didn’t write the book?

  • @leofeeney6133
    @leofeeney6133 2 місяці тому +1

    That dude is 72! That’s what light lifting does for you. I wish I could sit around and write stuff!

  • @SargeMaximus
    @SargeMaximus 2 місяці тому +2

    One thing I don't get: if people are awakening, why are we less free than ever before?

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому +1

      It's Jimmy Connor, thanks for the comment and taking the time to view our content! Great question! I will ask Neil the next time we chat.

    • @SargeMaximus
      @SargeMaximus 2 місяці тому

      @@BloorStreetCapital thank you 🙏

  • @pedantic70
    @pedantic70 2 місяці тому

    Will reading "the fourth turning is here" help me to live a better life?". Or will it just make me depressed? I think i would prefer to read a book titled "spring is the next season". And maybe that would better help me to prepare for what's coming.

  • @pedantic70
    @pedantic70 2 місяці тому

    Books with dire predictions sell much better than books with mild predictions. The "fourth turning is here" will sell much better than "spring is next".

  • @davidcarver368
    @davidcarver368 3 місяці тому +1

    Great video

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment Dave and for taking the time to view our content!

  • @AI-art-makers
    @AI-art-makers 3 місяці тому

    Yep

  • @pauld9561
    @pauld9561 2 місяці тому +2

    👋 Hi I'm Murphys law. Fun fact; the social security administration is set to run out of funds on my 65th birthday.

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому

      It's Jimmy Connor, thanks for the comment! I know what you mean, I will be working until Im 85, providing I live that long.

    • @AllergicToMakeBelieve
      @AllergicToMakeBelieve 2 місяці тому

      If you're referring to the year 2034, that's the year social security is expected to be cut by 23%. There are currently no official estimates of the system completely running out of money... Not yet at least.

  • @pedantic70
    @pedantic70 2 місяці тому

    Can the "first turning" be occurring somewhere on the globe at the same time as the "fourth turning" is here in the West?

  • @TheBudgetWarrior
    @TheBudgetWarrior 3 місяці тому +1

    I would love to hear Neil Howe’s take on the effects of AI and robotics.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I will bring this up in our next conversation.

  • @rsaathoff
    @rsaathoff 3 місяці тому +50

    We're living under the Technocratic leaders depicted in Atlas Shrugs. We cannot afford another 4 years of Technocratic ideology.

    • @talisikid1618
      @talisikid1618 2 місяці тому

      You became wrong as soon as you said atlas shrugs. Nothing that heathen wrote or said has meaning. In fact, she and her followers are a major part of the problem.

    • @BlackDoveNYC
      @BlackDoveNYC 2 місяці тому

      If you are using anything that Rand wrote to base any serious assessment of anything then you clearly don’t know what you’re talking about.

  • @martinithechobit
    @martinithechobit 3 місяці тому +1

    Yes yes.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment Martin and for taking the time to view our content!

  • @aaabluezer
    @aaabluezer 2 місяці тому +1

    One of the positive changes with the new deal was raising the age of consent.

  • @akumacode
    @akumacode 2 місяці тому +1

    As people begin to live longer, i wonder if the cycle will continue to be periods of ~100 years?

  • @TerrorDaemonum
    @TerrorDaemonum 3 місяці тому +1

    This was a free audio book ?

  • @harrybaulz666
    @harrybaulz666 2 місяці тому +2

    Uh oh more on the sky is falling🥱

    • @pedantic70
      @pedantic70 2 місяці тому

      Because "the sky is staying up" doesn't sell books

  • @user-rp8yr7fj2v
    @user-rp8yr7fj2v 3 місяці тому +5

    We’re in the twilight zone.

  • @nickseccombe1357
    @nickseccombe1357 3 місяці тому +10

    Mind blowing and fascinating conversation (or talk...!)! Confirms the need to be worried about world war.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +2

      It's Jimmy Connor, thanks for the comment Nick and taking the time to watch our content! Let's hope it doesn't happen.

  • @chrissherritt2470
    @chrissherritt2470 3 місяці тому +16

    Boomers-“I’m special.”
    Millennials-“Everyone is special.”
    Gen X--“Nobody is
    Special.”
    Zoomers--“Do I have to actually leave the house to participate?”

    • @johndoe1.196
      @johndoe1.196 3 місяці тому

      😆

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      That's great! What about Gen Zs?

    • @chrissherritt2470
      @chrissherritt2470 3 місяці тому +4

      @@BloorStreetCapital Zoomers are Gen Z. They are between 12 and 27 right now.
      They live in their parent's basement and they all want to be Software Application/Coders or UA-cam influencers.
      They mostly are less social and strongly dislike manual labor.
      Generation Alpha are kids under 12. We are trying to figure them out.

    • @shanecormier6731
      @shanecormier6731 2 місяці тому +1

      Perfectly said

    • @belindaelisa5618
      @belindaelisa5618 2 місяці тому +2

      ​. I don't like the name "Gen Alpha." It should be "Gen Aquarius" because in 2029, 5 years from now, is the full beginning of The Age of Aquarius. It lasts until the year 3999.

  • @user-gl9iz1bp1r
    @user-gl9iz1bp1r 2 місяці тому +2

    Awareness is critical. Awareness buys time, time buys options - until it doesn’t. Stay awake, aware, and be prepared. May want to get a gas mask and some iodine tablets.

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

  • @rickwrites2612
    @rickwrites2612 2 місяці тому +2

    Its not dire at all. He basically predicts the Millenials and Gen Z creating a Woke-lite version of postwar 1940s-50s New Deal/Great Society . Sounds fucking amazing.

  • @pubwvj
    @pubwvj Місяць тому

    “The heavy lifting in this 4th turning is yet to come. “
    Perhaps it is AI and Robotics that will be the gift and the curse of this time around.

  • @truthof7382
    @truthof7382 Місяць тому

    Latest book? It was published in 1996.

  • @Gabby-bot
    @Gabby-bot 3 місяці тому +3

    I thought this is perhaps valid in general terms, as individuals, there are bound to be exceptions depending on literacy, education, and other factors. I grew up in the USA, but after living in Norway for the last 40 years, and having become highly educated, I see the world quite differently than other Americans.
    Thanks for the video and I will be looking forward to reading your books.
    -Gabriel of Norway.

  • @riskitforthebiscuit4802
    @riskitforthebiscuit4802 3 місяці тому +4

    Whats been happenening to Wealthion?
    I get no new videos or notifications anymore.
    Are they throttling the channel ?

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment/question! @Wealthion produces content 5 days a week. Do you have the notification bell on?

    • @ViperXSS2
      @ViperXSS2 3 місяці тому

      Probably because Adam tag left and is doing his own channel?

    • @maplenook
      @maplenook 3 місяці тому

      @@ViperXSS2i thought wealthion was him?????

  • @mattanderson6672
    @mattanderson6672 3 місяці тому +2

    Thank you

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +1

      It's Jimmy Connor, thanks for the comment Matt and for taking the time to view our content!

  • @shelteredshaman5992
    @shelteredshaman5992 2 місяці тому +2

    Why TF would a generation want to get rid of the middle class?

  • @sonnyeastham
    @sonnyeastham 3 місяці тому +11

    Yes...as a 60 year old American....I am for the South succeeding from the USA today. My country has left me behind, time for a fresh start again...

    • @AlmaVasquezjr
      @AlmaVasquezjr 2 місяці тому

      Cant, if the state pulls away from the USA, it becomes a third world country with no currency. No one wants to be poor.

    • @karenreddy
      @karenreddy 2 місяці тому +3

      What a stupid idea. All it would do it make the nation as a whole weaker- especially the southern side.

  • @karenlevins8238
    @karenlevins8238 3 місяці тому +1

    At ~43 minutes mark, so much talk about voters who are "independent" and why they are then leaning towards Trump....but the conversation is completely sent about RFK running as an independent. Why did the conversation completely ignore this middle-ground candidate that appears to have. A majority interest from the younger generation that Neil presumes is leaning towards Trump...???

  • @Shark-Tacos
    @Shark-Tacos 3 місяці тому +1

    Is this bullish or bearish?

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому +2

      It's Jimmy Connor, thanks for the comment/question. He discusses his views on the economy at the end of the discussion but basically he is saying that in the 'Crisis' stage it only ends by war, so not good.

    • @electrodynamicorb6548
      @electrodynamicorb6548 3 місяці тому

      @@BloorStreetCapitalwell their plandemic didn’t work so we need to off a few hundred million somehow. Trump 2.0 inbound.

  • @merlinwizard1000
    @merlinwizard1000 3 місяці тому

    105th, 7 March 2024

  • @ShamballaCenter
    @ShamballaCenter 3 місяці тому +1

    Figures that the one book of Neil's that's out of print is the book about Gen X. 😂

  • @coleride
    @coleride 2 місяці тому +4

    I read the book couple of years after it came out, used it in some grad school essays, excellent. It does give me pause however when he talks about right wing authoritarianism, when so many current left wing hedge fund media Hollywood publishing academia aligned governments are obviously overreaching and authoritarian, and so many regular people have absolutely had it with that left wing authoritarianism.

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content!

    • @thomaswikstrand8397
      @thomaswikstrand8397 2 місяці тому +1

      Thats your bias and indoctrination talking.

  • @MJackB
    @MJackB 3 місяці тому

    Every so often I'll resist 4th t stuff and each time I am struck by the absurdity of their conclusions

  • @TerrorDaemonum
    @TerrorDaemonum 3 місяці тому +1

    Where’s Adam T ?

    • @patricklafontaine137
      @patricklafontaine137 3 місяці тому +1

      he got fired was doing a crap job

    • @TerrorDaemonum
      @TerrorDaemonum 3 місяці тому +1

      @@patricklafontaine137 I don’t get it . I thought he was the founder? I liked his style .

    • @Foma_Stuppa
      @Foma_Stuppa 3 місяці тому +2

      He founded it but didn't own it. He started another channel called Thoughtful Money

  • @michaelegerszegi4261
    @michaelegerszegi4261 2 місяці тому +1

    The end is nigh.

  • @johnbirman5840
    @johnbirman5840 3 місяці тому +2

    Perhaps this comment made to me about 3 years ago explains some of the thinking of the younger:
    In a discussion with a roughly 25 year old male, he said: “We are just waiting for you boomers to die...then we are going to fix the world”
    After picking up my jaw, I replied:
    “Perhaps you had better start a little earlier, since by that time, you’ll be my age (early 60s). Why don’t you start fixing the world now?”
    Quite the arrogant little p...k, and perhaps atypical of his age group?
    But there is in many of his age group a feeling of self righteousness and over confidence in abilities that has never yet eventuated.
    Lords of the Universe might play out in fantasy games, but Reality ain’t that impressed.
    Go fer it oh wise ones!
    The Baton is in your hands.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the interesting comment! What was his response when you said to 'start fixing the world now'?

    • @sunshinelively
      @sunshinelively 3 місяці тому +3

      Right now the baton is in the hands of GenX. Not to worry we will fix it. And prolly get no credit. 😂

  • @AI-art-makers
    @AI-art-makers 3 місяці тому +1

    Hate alcohol

  • @pedantic70
    @pedantic70 2 місяці тому

    If the population is replaced with non-Western people during the fourth turning, then would that invalidate the predictions of the theory?

  • @talisikid1618
    @talisikid1618 2 місяці тому

    You fail to include drastic advancements in AI/robotics. They will become an ever increasing portion of gdp.

  • @kanewaterworth3711
    @kanewaterworth3711 3 місяці тому

    Has Neil Howe heard of the blockchain?

  • @andrews3642
    @andrews3642 3 місяці тому +1

    As a millennial myself I thank you. So much better than the generation Y. Even if it does seem appropriate sometimes.

  • @v.annabonac2913
    @v.annabonac2913 3 місяці тому

    Please explain the difference between faschism and communism , as you understand it, in your claim there is a “choice” between the two.Thank you., as you understand it,

  • @sampotter4455
    @sampotter4455 2 місяці тому +2

    Neil Howe I like your stuff, but good grief give the host a second to ask for the question and frame the topic. This was a lecture not a conversation. Its rude to interrupt people.

    • @BloorStreetCapital
      @BloorStreetCapital 2 місяці тому

      It's Jimmy Connor, thanks for the comment and for taking the time to view our content! 😀

  • @patrickyeats3041
    @patrickyeats3041 3 місяці тому +1

    What happened to Todd?
    WE WANT TODD!

  • @michaelwaldmeier1601
    @michaelwaldmeier1601 3 місяці тому +1

    They never saw it coming - 1914 Europe, 1941 USA.

    • @BloorStreetCapital
      @BloorStreetCapital 3 місяці тому

      It's Jimmy Connor, thanks for the comment Michael and for taking the time to view our content!

  • @AI-art-makers
    @AI-art-makers 3 місяці тому +1

    Hyper deflation coming not financial advice machines rise

  • @qake2021
    @qake2021 3 місяці тому +1

    ✌️✌️✌️✌️✌️

  • @abersnat
    @abersnat 3 місяці тому

    You do get the feeling he uses Armstrongs cycles rather than the other way around. He fails to address the strengthening of institutions that has occurred. Its not enough to mention their sclerotic nature.

  • @richdiana3663
    @richdiana3663 2 місяці тому

    No, it's Limits to Growth. It's much worse than any turning.

  • @AI-art-makers
    @AI-art-makers 3 місяці тому

    Im doing good God is good in my life cash flow is good investments up 500% im happy

  • @brianl2923
    @brianl2923 2 місяці тому +3

    Neil really likes the sound of his own voice. He is way to far left/ Bolshevik type to waste my time on

  • @taylorkaplan2614
    @taylorkaplan2614 3 місяці тому +1

    As a mellinial I totally disagree

  • @pedantic70
    @pedantic70 2 місяці тому

    Does Neil Howe wear lipstick? Not that there's anything wrong with that, but I thought that was kind of rare in his generation. Will most of us become transgender to some extent during the fourth turning? Does a person who reads Neil Howe's book become more like a fourth-turning person? And would that be good or bad?

  • @karenreddy
    @karenreddy 2 місяці тому +1

    Do you talk about AI in it? If you don't, it can't be that relevant, as it will change egery facet of our life in a way no generation past has even witnessed.

    • @pedantic70
      @pedantic70 2 місяці тому

      Yes, if we reach "the singularity", then the fourth turning will not look like anything before. In general, so much is changing, not just with technology but also demographics, that about the only thing we can predict is that things will be unrecognizable in an unpredictable way. Also, older people won't like it. Younger people will start to feel old and out-of-place at an ever younger age.

  • @darioazul
    @darioazul День тому

    Hilarious!! The only one out of print is the one on gen X...'No respect.'

  • @sonnyeastham
    @sonnyeastham 3 місяці тому +1

    ....and just think, if we legalized no voter ID and all mail-in ballots, Fran, America could have a voter participation of 186%.....