Who do you think of when you think about the great presidents? Washington, Jefferson, Lincoln, and Teddy Roosevelt on Mount Rushmore…? Or Franklin Roosevelt, Kennedy, and Reagan?
Bill Clinton once remarked: ‘I didn’t have enough of a crisis to go down [in history] as a great president.’
You bet he didn’t.
He walked into the best eight years in US history; a boom time I forecast, including the balanced budget, in The Great Boom Ahead… before he was inaugurated.
Yes! Great presidents DO come out of crises and political/social revolutions. The American Revolution, the Civil War, The Great Depression.
This chart, from Zero Hour, shows how we’re in the biggest social/political revolution since the advent of democracy itself in the late 1700s (Washington/Jefferson), and the most polarised society since the Civil War (Lincoln).
Source: Dent Research
The last 84-year populist cycle hit in 1933 with Hitler becoming Chancellor of Germany.
The last 28-year financial crisis hit in 1989 with the S&L crisis.
The last major 250-year revolution hit between 1765 and 1783 with the American Revolution.
I’m convinced all three of these cycles have converged again today.
We won’t realise how historic this period will become and how much change will come from it until decades down the road.
Economic and social progress have been on a tear since the late 1700s and that progress mushroomed the most from the late 1800s forward when Teddy Roosevelt emerged as a great leader.
My most powerful 500-year mega innovation cycle says we’re only half way through this unprecedented economic explosion. So, by all my cycles, the most critical part of this major political revolution, that started with the backlash against globalisation and Trump’s populist revolution, is likely to come between 2020 and 2024…in the next administration.
The next great leader in history is very likely to emerge then.
Who wins the 2020 election and which party carries Congress will be critical.
Australia is facing its own populist crisis at the moment as well.
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