According to the Vedic scriptures, our current age, known as Kali-yuga, is one of spiritual darkness, violence and hypocrisy.
During the 432,000 year age of Kali, humanity deteriorates and falls into barbarism. Humans begin to kill animals for food. They fall under the spell of intoxication. They lose all sexual restraint. Families break up. Women and children are abused and abandoned.
Increasingly degraded generations, conceived accidentally in lust and growing up wild, swarm all over the world. Political leadership falls into the hands of unprincipled rogues, criminals and terrorists, who use their power to exploit the people. Entire populations are enslaved and put to death. The world teems with fanatics, extremists and spiritual artists, who win huge followings among a people completely dazed by hedonism, as well as by cultural and moral relativism. “Religion, truthfulness, cleanliness, tolerance, mercy, physical strength and memory diminish with each passing day.” (Srimad-Bhagavatam 12.2.1)
The saints and sages of ancient India describe the people of this age as greedy, ill-behaved, and merciless. In this age, says Srimad-Bhagavatam, merely possessing wealth is considered a sign of good birth, proper behavior, and fine qualities. Law and justice are determined by one’s prestige and power. Marriage ceases to exist as a holy union – men and women simply live together on the basis of bodily attraction and verbal agreement, and only for sexual pleasure.
Women wander from one man to another. Men no longer look after their parents in their old age, and fail to provide for their own children. One’s beauty is thought to depend on one’s hairstyle. Filling the belly is said to be the only purpose in life. Cows are killed once their milk production drops. Atheism flourishes. Religious observances are performed solely for the sake of reputation.
The Linga Purana (ch. 40) describes the human race in Kali-yuga as a vain and stupid people “spurred on by the lowest instincts.” They prefer false ideas and do not hesitate to persecute sages. They are tormented by bodily desires.
Severe droughts and plagues are everywhere. Slovenliness, illness, hunger and fear spread. Nations are continually at war with one another. The number of princes and farmers decline. Heroes are assassinated. The working classes want to claim regal power and enjoy royal wealth.
Kings become thieves. They take to seizing property, rather than protecting the citizenry. The new leaders emerge from the laborer class and begin to persecute religious people, saints, teachers, intellectuals, and philosophers.
Civilization lacks any kind of divine guidance. The sacred books are no longer revered. False doctrines and misleading religions spread across the globe. Children are killed in the wombs of their mothers. Women who have relations with several men are numerous. Predatory animals are more violent.
The Linga Purana says that in Kali-yuga, young women freely abandon their virginity. Women, children, and cows – always protected in an enlightened society – are abused and killed during the iron age. Thieves are numerous and rapes are frequent. There are many beggars, and widespread unemployment. Merchants operate corrupt businesses. Diseases, rates, and foul substances plague the populace. Water is lacking, fruits are scarce. Everyone uses vulgar language.
The men of Kali-yuga seek only money. Only the richest have power. People without money are their slaves. The leaders of the state no longer protect the people, but plunder the citizenry through excessive taxation. Farmers abandon living close to nature. They become unskilled laborers in congested cities. Many dress in rags, or are unemployed, and sleep on the streets. Through the fault of the government, infant mortality rates are high. False gods are worshiped in false ashrams, in which pilgrimages, penances, charities and austerities are all concocted.
Men will become averse from religious rites, without restraint, maddened with pride, ever given over to sinful acts, lustful, gluttonous, cruel, heartless, harsh of speech, deceitful, short-lived, poverty-stricken, harassed by sickness and sorrow, ugly, feeble, low, stupid, mean, and addicted to mean habits, companions of the base, thievish, calumnious, malicious, quarrelsome, depraved, cowards, and ever-ailing, devoid of all sense of shame and sin and of fear to seduce the wives of others.
They will be greedy, given over to wicked and sinful acts, liars, insolent, ignorant, deceitful, mere hangers-on of others, the sellers of their daughters, degraded, averse to all tapas and vrata. They will be heretics, impostors, and think themselves wise. They will be without faith or devotion, and will do japa and puja with no other end than to dupe the people. They will eat unclean food and follow evil customs, they will serve and eat the food of the Shudras and lust after low women, and will be wicked and ready to barter for money even their own wives to the low. In short, the only sign that they are Brahmanas will be the thread they wear. Observing no rule in eating or drinking or in other matters, scoffing at the Dharma Scriptures, no thought of pious speech ever so much as entering their minds, they will be but bent upon the injury of the good. (Mahanirvana tantra 1.37-50)
But since the men of the Kali Age are full of greed, lust, gluttony, they will on that account neglect sadhana and will fall into sin, and having drunk much wine for the sake of the pleasure of the senses, will become mad with intoxication, and bereft of all notion of right and wrong. Some will violate the wives of others, others will become rogues, and some, in the indiscriminating rage of lust, will go (whoever she be) with any woman. Over eating and drinking will disease many and deprive them of strength and sense. While some will be as mute as corpses, others will be for ever on the chatter, and yet others will quarrel with their kinsmen and elders. They will be evil-doers, cruel, and the destroyers of Dharma.
When women become difficult of control, heartless and quarrelsome, and calumniators of their husbands, then know that the Kali Age has become strong. When men become subject to women and slaves of lust, oppressors of their friends and Gurus, then know that the Kali Age has become strong. When the fertility of the earth has gone and yields a poor harvest, when the clouds yield scanty rain, and trees give meagre fruit, then know that the Kali Age has become strong. When brothers, kinsmen, and companions, prompted by the desire for some trifle, will strike one another, then know that the Kali Age has become strong.
Kali-yuga is the "Winter of Time", the last time cycle of four "Seasons of Time", before the "Spring of Time", "the Golden Age", begins. This was prophesied thousands of years ago in India. The following is quoted from Brahma-vaivarta Purana via The Uplifting Crane:
28 Sep 12: the Kings of Kaliyuga
The kings of Kaliyuga will be addicted to corruption and will seize the property of their subjects. Then property and wealth alone will confer rank. Falsehood will be the only means of success. Corruption will be the universal means of subsistence. In the end, unable to support their avaricious kings, the people of the Kaliyuga will take refuge in the chasms between mountains.