Based on the theory of generational cycles proposed by Strauss and Howe, we are not currently in the Third Turning, but rather in the Fourth Turning. The Third Turning, known as the "Unraveling," is believed to have begun around 1984 and ended with the 2008 global financial crisis.

The Fourth Turning, which we are currently experiencing, is characterized as a crisis period that typically lasts about two decades. This era is marked by significant societal changes, institutional distrust, and potential for major transformations in social, political, and economic structures.

Key aspects of our current Fourth Turning include: Increased political polarization and social division Economic instability and wealth inequality Declining trust in institutions Potential for significant conflicts or crises

Some experts suggest that events such as the 2008 financial crisis, the COVID-19 pandemic, and political upheavals in recent years are all part of this Fourth Turning period. The theory predicts that this cycle will continue until around 2030, potentially culminating in a society-altering event or series of events.