Robert D. Stolorow writing in Psychology Today:
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In my work over the last two decades attempting to grasp the nature of emotional trauma (http://www.psychoanalysisarena.com/trauma-and-human-existence-9780881634679, http://www.routledgementalhealth.com/world-affectivity-trauma-9780415893442), I have shown that its essence lies in the shattering of what I call the absolutisms of everyday life—the system of illusory beliefs that allow us to function in the world, experienced as stable, predictable, and safe. Such shattering is a massive loss of innocence exposing the inescapable contingency of our existence on a universe that is unstable and unpredictable and in which no safety or continuity of being can be assured. Emotional trauma brings us face to face with our existential vulnerability and with death and loss as possibilities that define our existence and that loom as constant threats.
I describe our era as an Age of Trauma because the tranquilizing illusions of our everyday world seem in our time to be severely threatened from all sides—by global diminution of natural resources, by global warming, by global nuclear proliferation, by global terrorism, and by global economic collapse.