Updating last year's speculation:
1964-ish (young v. old)
1989 - the crumbling of communism
2014 - what James Kunstler describes as "apocalyptic Jihadism", notably ISIL
None of it is to do with reason, some of it is against a background of societal stress as described in Norman Cohn's "Pursuit of the Millennium"... but how much is down to gonads, and the time it take for a new generation who don't know how hot fire burns, to come to the fore?
READER: PLEASE CLICK THE REACTION BELOW - THANKS!
All original material is copyright of its author. Fair use permitted. Contact via comment. Unless indicated otherwise, all internet links accessed at time of writing. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.