Part 12 Now and then
Dennis Sutton February 2009
Now: A news item on January 1, 2009 reported that during 2008 the US share market was down 35% - its worst year since the Great Depression of the 1930's. The economy had in fact been in recession since December 2007. The financial crisis caused by the Subprime mortgage meltdown was taking its toll: And as banks around the globe announced huge losses or were taken over or bailed out - by governments spending tax payer's money - stock prices fell. On September 14 Lehman Brothers announced they would file for bankruptcy. That week global stock markets experienced extreme instability and governments (Sun) panicked (Saturn). By September 18 money market sell orders from institutional investors totaled $0.5 trillion - out of a total market capitalization of $4 trillion. Short selling of stocks was suspended. On September 29, Black Monday, the Dow dropped 777 points - its biggest one-day fall in history. The Nasdaq and other indices also suffered heavy losses and within days a major banking and financial crisis emerged in Iceland. By now shock, fear and anxiety were causing extreme market volatility. On October 10 - Black Friday - share markets around the world spiraled downward. The Dow crashed 700 points - and the oil price fell to $80 a barrel. (By January 2009 it had dropped to less than $40 a barrel.)
In the US chart in October 2006 progressed Mercury (talk and controversy) in the 10th house (business) and cusp ruler of the 5th house (Wall St and the market) moved to form a (discordant) parallel aspect with progressed Saturn (falls, freezes, fear and anxiety) in the 6th house (labour) and ruler of the 5th house (Wall St) and cusp ruler of the 8th house (mortgage debt, debt levels and taxpayers funds). The aspect peaked on August 15, 2008 - 6-weeks before the financial melt-down turned into an economic crisis. The critical timing factor was mapped by progressed Moon in the 4th house (homes and the housing market) opposition progressed Mercury in the 10th house (the administration and business). This aspect, (which commenced on September 17, reached its critical peak date on October 14, and moved out of orb on November 11, 2008) stimulated the progressed Mercury-Saturn parallel and presided over a two-month period of economic carnage.
In the Aquarian Age chart on September 3, 2008 progressed Mercury (talks and conferences) had moved to form an obstacle (square) aspect with the Moon (silver, the home and family and common people). The aspect finishes in August 2009 and will reach its critical peak date on March 1, 2009 and during its entire time-frame it receives constant stimulation from progressed Moon parallel birthchart Mercury. It marks for controversy, indecision, sloppy decision-making and a nerve wracking time for the family and everyday people. At the same time progressed Sun in this chart (political action) has moved to form a semisextile aspect with progressed Saturn (economic problems, unemployment and debt). It activates a birthchart square so the aspect's growth potential is severely reduced. This aspect peaked on November 11, 2008 and will receive high-level stimulation during February and March 2009 when the progressed Moon forms a conjunction aspect with progressed Sun and a semisextile aspect with progressed Saturn. The Sun, Saturn and Moon are in the 11th house (Congress) and Saturn rules the 10th house - the administration - and during this critical time-frame the administration will announce its economic stimulus package: But with Saturn involved expect economy, delays and obstructions.
But it's the astrological events occurring in the sky that provide the most reliable intelligence regarding future trends. Here's what's happening between January 2009 and March 2015.
February 5, 2009 Saturn is opposition Uranus
May 27, 2009 Jupiter is conjunct Neptune
July 10, 2009 Jupiter is conjunct Neptune
September 15, 2009 Saturn is opposition Uranus
October 2, 2009 Saturn is parallel Uranus
December 15, 2009 Saturn is square Pluto
December 21, 2009 Jupiter is conjunct Neptune
December 29, 2009 Jupiter is parallel Neptune
January 31, 2010 Saturn is square Pluto
March 23, 2010 Saturn is parallel Uranus
April 26, 2010 Saturn is opposition Uranus
May 23, 2010 Jupiter is opposition Saturn
June 8, 2010 Jupiter is conjunct Uranus
July 24, 2010 Jupiter is square Pluto
July 26, 2010 Saturn is opposition Uranus
July 31, 2010 Mars is conjunct Saturn
August 3, 2010 Jupiter is square Pluto
August 16, 2010 Jupiter is opposition Saturn
August 21, 2010 Saturn is square Pluto
August 21, 2010 Saturn is parallel Uranus
September 19, 2010 Jupiter is conjunct Uranus
October 11, 2010 Saturn is parallel Uranus
February 25, 2011 Jupiter is square Pluto
March 28, 2011 Jupiter is opposition Saturn
July 7, 2011 Jupiter is trine Pluto
October 28, 2011 Jupiter is trine Pluto
March 13, 2012 Jupiter is trine Pluto
June 24, 2012 Uranus is square Pluto
September 19, 2012 Uranus is square Pluto
October 11, 2012 Saturn is trine Neptune
May 20, 2013 Uranus is square Pluto
June 11, 2013 Saturn is trine Neptune
July 19, 2013 Saturn is trine Neptune
August 7, 2013 Jupiter is opposition Pluto
August 21, 2013 Jupiter is square Uranus
November 1, 2013 Uranus is square Pluto
January 31, 2014 Jupiter is opposition Pluto
February 26, 2014 Jupiter is square Uranus
April 20, 2014 Jupiter is square Uranus
April 20, 2014 Jupiter is opposition Pluto
April 21, 2014 Uranus is square Pluto
December 15, 2014 Uranus is square Pluto
March 17, 2015 Uranus is square Pluto
Back then: The catalyst event that ushered in the Great Depression of the 1930's was the stock market crash in the last week of October 1929. It started on October 24 - Black Thursday - and ended on October 29 - Black Tuesday - the most catastrophic day in market history. That's when 16 million shares were sold at declining prices. The unregulated and permissive behaviour that marked the 'Roaring 20's' simply hit a brick wall. On Wall St the fear and confusion gave way to panic selling. The bankers blamed the technical inadequacy of the ticker-tape system and the economic commentators proclaimed that the fundamental economic indicators were sound. What followed was world-wide economic carnage.
In January 1930 unemployment in the US was approaching 4 million. On March 31, 1930 President Hoover (and Congress) addressed the unemployment problem by authorizing a $230 million economic stimulus package for erecting public buildings: And on April 4, a further $300 million was given to the states for roads. By October unemployment in the US had reached 4.5 million: And in December Congress authorized another $116 million stimulus package. On December 11 the Bank of the US closed. There had been 1300 bank closures in the US since October 1929.
In January 1931 the number of unemployed in the US is estimated at four to five million - and the depression is deepening. In May the Credit-Anstalt - a key financial institution in Austria collapses. This event has drastic repercussions on international finance and eventually leads to the economic collapse of Central Europe. In June 1931 President Hoover proposes that all nations declare a one-year moratorium on intergovernmental debts and reparation payments. It's accepted. In July 1931 the Danatbank in Germany declares bankruptcy. By the end of the year 6 million Germans are out of work and Germany is insolvent. In September the severe economic measures introduced by the British Government lead to street riots and on September 21 Britain goes off the gold standard. In October the US and France announce they will adhere to the gold standard: And in December 25% of the Australian labour force is unemployed.
In January 1932 President Hoover signs a bill establishing the Reconstruction Finance Corporation - belatedly recognizing that the US economy and workforce needs government aid to get out of the depression. In February, in an attempt to get money circulating, the US Congress passed the Glass-Steagall Act authorizing the Federal Reserve to expand credit and release government gold to business interests. In July Great Britain, Australia and Canada negotiate new trade policies: And on November 8 Franklin D. Roosevelt won the 1932 presidential election.
On January 30, 1933 Adolph Hitler became Chancellor of Germany. On March 4, 1933 Roosevelt is sworn in as president and announces 'Our greatest primary task is to put people to work' - the unemployment figure had now reached 13 million. In Germany on April 1, Hitler imposes a national boycott of Jewish businesses and professionals: And on May 2 Hitler's police seize the independent trade-unions and arrest their leaders. On May 10 thousands of Berlin students stage a book burning - destroying 20,000 books that the Nazis consider decadent, subversive or 'un-German'. On June 14 Austria expels Hitler's 'inspector for Austria' and Germany retaliates with a series of terrorist acts. On June 16 Roosevelt signed the National Industry Recovery Act - his first 100 days brings the New Deal. On July 23 a 66 nation economic summit ends in total failure. On September 30 in a radical measure to help the 3.5 million American families on relief Roosevelt announces a $700 million program: And on October 17, amid a rising tide of anti-Semitism and anti-intellectualism in Germany, Albert Einstein arrives in Princeton, New Jersey.
In Europe between 1930 and 1934 the unemployment and economic hardship caused by the Great Depression generated widespread social and political unrest - social uprisings, riots, street battles, mutinies, political assassinations, purges and revolutions - and by March 1935 Europe was marching to the beat of war drums. On May 6, 1935 in the US the Works Progress Administration, best known of FDR's New Deal programs, begins. It put millions of people back to work building roads, bridges, parks, airfields and public buildings. (The program spent $11 billion and employed 8.5 million Americans by the time it ended in June 1943.) In August 1935 President Roosevelt signed the Social Security Act - a far reaching piece of legislature that set up a system of guaranteed retirement pensions with contributions from both workers and employers. In March 1936 the British government announces its intention to build 38 warships: And on July 17, 1936 the Spanish Civil War begins. On November 3, 1936 Roosevelt is reelected in a landslide: And in his inaugural address on January 20, 1937 he states: 'I see one-third of a nation ill-housed, ill-clad, ill-nourished.'
On May 17, 1938 the US Congress adopts the Naval Expansion Act providing funds for a ten year program to build a two-ocean navy. On January 12, 1939 Roosevelt requests an additional $525 million for defense and the upgrading of US air and naval forces: And on September 3, 1939 Britain declares war on Germany. The Great Depression of 1929-39 put the entire world in a state of economic collapse. It doesn't have an official end-date, but September 3, 1939 will do.
At the time of the stock market crash in October 1929 the Aquarian Age chart had reached a critical state of discord. Progressed Sun had moved to form a high-discord separation (opposition) aspect with birthchart Moon; progressed Mars - wild and unregulated aggression - had moved to form a high-discord obstacle (square) aspect with birthchart Neptune - planet of easy money and fantasy expectations; and progressed Jupiter - the financial system and banks - had moved to form a prominence (conjunction) aspect with birthchart Saturn - planet of poverty, unemployment, economic hardship and closures.
In the US birthchart progressed Mars - impulsivity and reckless behaviour - in the 5th house (Wall St) had moved to form an opportunity (sextile) aspect with progressed Jupiter - the financial planet: And a discordant parallel aspect with birthchart Neptune - planet of fantasy money - also in the 5th house. Progressed Venus - planet of social fun and frivolity - in the 8th house (taxes, public spending and debt) had moved to form a high discord separation (opposition) aspect with birthchart Sun (gold) in the 2nd house - banks and financial matters; and progressed MC - business - in the 2nd house (financial matters) had moved to form a high-discord obstacle (square) aspect with birthchart Saturn - planet of loss, anxiety, panic attacks and unemployment - in the 5th house (Wall St).
These charts timed the October 1929 stock market crash, but its aftermath was more clearly defined by the astrological events occurring in the sky following the crash.
At the time of the crash Jupiter was in Gemini - next stop Cancer; Saturn was in Sagittarius - next stop Capricorn; Uranus was in Aries and Pluto was in Cancer and over the next four years the signs in the sky painted an ugly picture of loss, hardship, social unrest and drastic economic conditions. Saturn moved to Capricorn on December 1, 1929 and on February 17, 1930 formed the first of five (5) square aspects with Uranus. Then on February 17, 1931 he formed the first of three (3) opposition aspects with Pluto. Jupiter moved to Cancer on June 27, 1930 and formed three (3) square aspects with Uranus, two opposition aspects with Saturn and a conjunction with Pluto. During 1931 Saturn, Uranus and Pluto formed a T-Square in the sky and a peak discord zone was hit on July 21, 1931 when the Saturn square Uranus chart at Washington had a net discord of 135 discordynes. Then on April 21, 1932 Uranus formed the first of five (5) square aspects with Pluto. Here's what happened between 1930 and 1934.
Saturn was square Uranus on Feb 22, 1930
Saturn was square Uranus on April 9, 1930
Jupiter was parallel Pluto on April 14, 1930
Jupiter was parallel Saturn on April 15, 1930
Jupiter was opposition Saturn on July 27, 1930
Jupiter was parallel Saturn on August 24, 1930
Jupiter was square Uranus on Sept 5, 1930
Saturn was square Uranus on Dec 12, 1930
Jupiter was parallel Saturn on Dec 24, 1930
Saturn was parallel Pluto on January 20, 1931
Jupiter was square Uranus on Feb 2, 1931
Saturn was opposition Pluto on Feb 17, 1931
Jupiter was square Uranus on May 17, 1931
Jupiter was conjunct Pluto on May 27, 1931
Jupiter was opposition Saturn on June 10, 1931
Jupiter was parallel Saturn on June 22, 1931
Saturn was opposition Pluto on- July 8, 1931
Saturn was square Uranus on July 21, 1931
Saturn was parallel Pluto on August 10, 1931
Saturn was square Uranus on October 17, 1931
Saturn was parallel Pluto on November 18, 1931
Uranus was square Pluto on April 21, 1932
Uranus was square Pluto on September 2, 1932
Saturn was opposition Pluto on Dec 13, 1932
Uranus was square Pluto on March 8, 1933
Uranus was square Pluto on November 5, 1933
Uranus was square Pluto on January 18, 1934
Saturn was opposition Neptune on March 21, 1936
Saturn was opposition Neptune on October 4, 1936
Saturn was opposition Neptune on January 18, 1937
Experienced astrologers will immediately notice that what happened in the sky between 1930 and 1937 bears a striking resemblance to what will occur between 2009 and 2015.
Then, between July 1929 and July 1942 Neptune - planet of broken dreams and idealistic schemes - was in Virgo - the sign of work, labour and agricultural production - an astrological event that marked for work and labour problems. Now, between September 2007 and July 2010, Saturn is in Virgo and unemployment has once again become a major economic and social problem. On July 22, 2010 Saturn will move to Libra and Virgo will remain unoccupied - and discord free - till August 12, 2015 - when Jupiter commences a 12 month transit heralding a period of job-growth and improved labor conditions.
Then, between December 1929 and February 1932, Saturn - the planet of economic slumps and unemployment - was in Capricorn - the sign of business; and now, on February 4, 2012 Neptune will commence a 13 year transit of Pisces (relief measures, restrictions and crime).
Then, on March 28, 1935 - Uranus the planet of change and innovation - commenced an 8 year transit of Taurus - the sign of finances and banks: And between July 7, 1939 and April 7, 1943 Uranus in Taurus and Neptune in Virgo formed seven (7) trine aspects that changed the world's financial system and the way it works.
Now, on June 5, 2011 Jupiter - the planet of finances and banks - will commence a 12 month transit of Taurus - the sign of money-matters and banks: And between July 7, 2011 and March 13, 2012 Jupiter in Taurus and Pluto in Capricorn will form three (3) trine aspects that will once again change the world's financial system and the way the banking and financial sectors go about making money.
But now, in the Pluto period of the Aquarian Age the big problem is Pluto (the coercive planet who likes to grab what he can for himself) in Capricorn - the sign of business, deceitfulness and government administration. This astrological event marks for changing business practices that could easily have an adverse impact on employment and the job market. Pluto's self-interest is primarily concerned with higher profits and contributing to the financial welfare of the shareholders - and the welfare of the workers, who help make the profits, is often a bottom of the list concern. The world is also running out of food and Pluto's big corporations are involved in a new-age - no-holds barred - land grab (Saturn).
Unemployment is a Saturn problem and the past reveals that when people don't have work there's a significant increase in the level of social unrest. This lesson is learned by observing what happened in the 1930's - when the social unrest and discontentment had dreadful repercussions: And governments today know that unless the unemployment genie is kept in the bottle the social unrest could once again have drastic consequences. But Saturn is not the planet of unrest. That's Uranus: And back then Saturn formed a high-discord square aspect with Uranus five (5) times - and Uranus formed a high-discord square aspect with Pluto five (5) times. Now, Saturn will form a high-discord opposition aspect with Uranus five (5) times - and a high-discord square aspect with Pluto seven (7) times. The astrological evidence reveals that the social unrest caused by unemployment (and political incompetence) can have devastating consequences - and its already started in some countries.