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The Fourth Turning

In 1996 William Strauss and Neil Howe wrote a book called the The Fourth Turning, in which the authors find that the four phases of life (childhood, young adulthood, midlife, and elderhood) and the four generational groups (prophet, nomad, hero, adaptive) imply a series of periods or "turnings" of history, which he numbers from First to Fourth. The Fourth Turning is a crisis period in which society is reconstructed. According to the authors, that should begin around 2005. I found an article from them today, however, that suggests that maybe it has already started: http://www.axess.se/english/currentissue/millennial_generation.php. The authors talks mostly about generations but suggests that Planeattack (that is, 9/11) was the catalyst that started this Fourth Turning. So is the crisis upon us?