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The Fourth Turning's Neil Howe Warns: We Are In The 1930s, "Winter Is Coming"

• http://www.zerohedge.com, Mauldin Economics

Speaking to a packed crowd at Mauldin Economics' Strategic Investment Conference in Orlando, Howe said we are reliving many of the same trends and changes of the 1930s.

Faith in Democracy Is Fading

"Worldwide, people are losing trust in institutions," he said. "Trust in the military, small business, and police is still there. But trust in democracies, media, and politicians is dropping."
 
"When was the last time we saw these changes and the rise of right-wing populism?" he asked. "The 1930s."
Howe's statement is borne out of a June 2016 Gallup poll. When poll takers were asked how much confidence they had in institutions in American society, the results were troubling.

Just 15% said they had a "great deal" of confidence in the US Supreme Court. Banks trailed behind at 11%, followed by the criminal justice system (9%), newspapers (8%), and big business (6%).

Meanwhile, just 16% expressed a "great deal" of confidence in the presidency, with that number plummeting to 3% for Congress.

What Does This Mean for the Future of the West?


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