Generational Dynamics by John J. Xenakis Explores the Generational Paradigm that Influenced Gen-Xers to Orchestrate Ongoing Global Financial Crisis
CAMBRIDGE, Mass., April 4, 2013 /PRNewswire-USNewswire/ -- Don't be mistaken, we are only in the early stages of what will most likely be a period of long and devastating financial turmoil, lasting well into the next decade. This is the staunch belief of author and creator of Generational Dynamics, John J. Xenakis. The reasons as to how we've arrived at this crisis level range far and wide. According to Mr. Xenakis, one needs to look no further than the fraudulent and corruptive culture of Generation-X.
The survivors of the 1929 stock market crash and the Great Depression of the 1930s, the Silent Generation, were very prudent, cautious, risk-averse investors who directed the country's financial institutions into the 1980s. "They would never have approved some of the ridiculous investments that were made in the 1990s," says Mr. Xenakis.
In the 1990s, they retired, all at once. The Boomer Generation took control, with no personal memory of the Great Depression. They pursued wild, senseless investments, most notably during the early dot-com mania, which subsequently collapsed in 2000.
The early 2000s saw Gen-Xers elevate into middle management positions, where they capitalized on their newly found influence to create tens of trillions of dollars in fraudulent securities. This fraud occurred in financial, real estate, governmental and other institutions around the world and, according to Mr. Xenakis, could not have happened except by a pervasive generational change.
What made Gen-Xers want to engage in such a scheme? What elements of their childhood upbringings contributed to this destructive attitude and behavior?
Mr. Xenakis's analysis has found that as children, Generation-X grew to despise their parents' generation. The Boomers led inconsequential lifestyles – being promiscuous, substance abuse, spending money and going into debt. The children were constantly criticized and deprived of proper parenting. Their lives were completely unstable.
This bitterness for the Boomer generation led Gen-Xers to reject all the values of preceding generations. This rejection reached a peak as they witnessed the dot-com stock market bubble in the late 1990s, and NASDAQ crash in 2000. Gen-Xers concluded from this that Boomers were totally incompetent, and their policies and guidelines were only undermining tactics.
Thus, we have the Generation-X culture of the 2000s decade, filled with nihilism and destruction, fraud and extortion. The most obvious manifestation of this is the Gen-Xers' revenge against Boomers by creating the toxic assets and selling them to Boomer investors, resulting in the current global financial crisis, which again is far from over.
Generational Dynamics is a non-ideological forecasting methodology that utilizes System Dynamics, Chaos Theory, and historical trends to critically analyze world events through the flow of generations. Generational theory allows the creation of extremely accurate forecasts and analyses of global financial and geopolitical trends.
John is a graduate of MIT, an accomplished journalist, writer, technologist and consultant, mathematician, researcher and analyst. During the course of his successful career he increasingly engaged in the study and analysis of world history and how generational changes over the centuries have directly impacted the prosperity, peace and stability of nations, leading them from greatness to humiliation and back again. The result is Generational Dynamics, an unparalleled technique for analyzing history and for understanding how nations change their beliefs and attitudes as generations change.
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SOURCE John J. Xenakis