Sometimes I can't decide if Gen X in the US was the luckiest or unluckiest generation. On one handed we got to spend our teens and 20s during the 90s, one of the most hopeful/optimistic periods in human history (fall of the Iron Curtain, US budget surpluses, rise of the Internet), but on the other hand we got to see it all reverse in a scant 20 years: liberal democracy teetering across the globe, climate change not being some far off thing but an immediate concern, unimaginable wealth inequality, the rise of technology as a force used to destroy our social fabric, and just generally feeling so many people be angry/scared/depressed all the time. Hopefully "this too shall pass".
Edit: since many people seem to be misunderstanding what I was saying: yes, I know Russia was a complete, corrupt shit show in the 90s - I saw it first hand, and it was really, really sad. What I meant is that there was a ton of hope by many people (at least the Russians I knew/lived with in Moscow) when communism first fell that they would be able to transition to a successful democracy. Much of the sadness was that potential never came to fruition.