Is the United States in a recession?
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Written by Raymond Merriman
Is the United States in a recession? And if so, is this “the big one,†the one that will be as severe as the “Great Depression of 1929-1938? Over half of Americans believe that a recession has already started, or is on the verge of unfolding in 2008. But what does Mundane or Financial Astrology say about this?
There are at least two schools of astrological thought on this subject. One school, which we shall call the “Modern-Day Astrology†thought, postulates that aspects between planets is the most important consideration in determining mundane conditions such as the state of the economy. In this view, soft aspects like trines and sextiles are considered harmonious or favorable. The other school of thought, which we shall refer to as “Traditionalist Astrology,†postulates that planets-in-signs are the most important considerations in forecasting such mundane conditions. In this view, the slower moving planets in earth and water signs are considered more restrictive to economic growth, whereas positioned in fire or air signs would be more supportive to economic growth. Still other minor schools of astrological thought would postulate that slow-moving planets over certain degrees of the zodiac have correspondence over mundane matters like the economy, especially in terms of such events as stock market crashes or political crisis.
If we examine the positions of Jupiter, Saturn, Uranus, Neptune and Pluto for most of 2008, we will note that the majority of aspects between them are in favorable aspects. That is, Jupiter and Saturn form three trines this year, while Jupiter and Uranus form three sextiles. Saturn and Pluto move within one degree of a favorable trine too in April and May. There are no hard or discordant aspects between these planets in 2008 until November, when Saturn and Uranus begin the first of their five oppositions, lasting through July 2010. Modern-Day Astrology would thus suggest no recession or serious downturn in the economy for most of 2008.
However, if we examine the sign positions of these planets, we would see a different story according to Traditionalist Astrological thought. Here we find Jupiter, planet of expansion, in the restriction-oriented earth sign of Capricorn. Saturn, planet of contraction, is also in an earth sign, Virgo. Pluto is also in the restrictive sign of Capricorn. Uranus is late in the water sign of Pisces, a location that in the past has corresponded to sharp declines in U.S. and British stock prices. Only Neptune is in an air sign. This branch of astrological study could support a forecast for an economic contraction, even a severe recession.
Thus the two major schools of thought in astrology today have differing outlooks on the general economy. It will be interesting to see which prevails. Perhaps we have a slow-down from the rapid pace of the prior several years, as suggested by Traditional Astrology, but not so much as to be considered a recession, as suggested by the Modern Day Astrology.
And then there is the matter of Pluto crossing the Galactic Center (26-27 degrees of Sagittarius) the prior two years. Financial Astrologer Manfred Zimmel from Austria, http://www.amanita.at, has done some impressive studies of major planets crossing the Galactic Center in the past. Since Pluto rules such matters as debt, Zimmel suggests that this geocosmic passage has correlated with the current sub-prime debt fiasco, and by itself could correspond to rather severe economic consequences. http://www.amanita.at/d/d-neu.htm
And there is yet another viewpoint espoused by one of the legends in Financial Astrology, Louise McWhirter in her classic book titled “Astrology and Stock Market Forecasting†(1938). Her theory was that when the Moon’s North Node travels through the Saturn-ruled signs of Aquarius and Capricorn, the economies of the world are more prone to slow downs and even recessions – or worse. This tends to correspond to the real estate cycle, when both home sales and home prices may decline. The Moon’s North Node has just moved into Aquarius, and will transit through both Aquarius and Capricorn from December 2007 through March 2011. My own view is that the economy may slow down, but will find support in 2008, per the views mostly of Modern Day Astrology. But sometime after late 2008, the economy could suffer a more severe blow than we just experienced. It is possible the economy is sustained even as late as the summer of 2010, for the Saturn-Uranus opposition doesn’t end until then, In the past, the Saturn-Uranus opposition has coincided with long-term cycle crests or troughs. The challenge for Financial Astrologers is to determine whether this instance will be a long-term cycle crest, or the end of a very severe 2-3 year decline.
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