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Comment by franktankbank | Hacker News Reader

I think its probably a lot more complicated than that. I think this started decades ago and we are at a point of pivot. I couldn't tell you where we are pivoting to but I'm not really reassured by the obsessive metricization(?) of our economy, from the stock market to inflation numbers to jobs numbers.

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The entire world is militarizing... so... I'm sure that's reassuring.

One weird but interesting theory : https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generatio...

There are recurring cycles in the American/Western history, with each cycle lasting +- 20 years.

The cycles are High, Awakening, Unraveling and Crisis.

We're supposedly in the Crisis cycle, where there are major crises like war, depression,revolutions that would help the society to rebuild institutions.

This theory seems completely flawed as it applies itself retroactively, entrenched in confirmation bias, but still entertaining.

The American economy (and society) were so great it took decades of bipartisan work for the self destruction to become evident.

50+ years https://wtfhappenedin1971.com

Once the gold standard was ended and our fiat currency could be printed and given directly to the ruling class, it was effectively curtains for everyone else.

> obsessive metricization(?) of our economy

Still using freedom units thank you very much, none of that metric namby-pamby /s

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