The Next Decade Could Be Even Worse
From the article:
“The fundamental problems, he says, are a dark triad of social maladies: a bloated elite class, with too few elite jobs to go around; declining living standards among the general population; and a government that can’t cover its financial positions. His models, which track these factors in other societies across history, are too complicated to explain in a nontechnical publication. But they’ve succeeded in impressing writers for nontechnical publications, and have won him comparisons to other authors of “megahistories,” such as Jared Diamond and Yuval Noah Harari.”
Also:
“We are almost guaranteed” five hellish years, Turchin predicts, and likely a decade or more.
It is a fascinating article. See also this blog post.