Saturday, July 18, 2009

Waning square of Pluto and Saturn - what does it mean?

We are coming into the waning square of Saturn and Pluto. What does this mean?

Let’s take a look at what has happened historically.
From the conjunction to the opposition of the Saturn / Pluto cycle, a period that lasts for 16-20 years, the trend is for government debts to decrease, interest rates to decrease, taxes to decrease, economies to prosper and stock markets to rise. Most recently this happened in 1947-1966 and then from 1982-2001.

We are currently experiencing the 16-20 year period of the waning phase (from opposition to conjunction) which sees the opposite fundamentals occur. That is when the government debts increase, interest rates increase, taxes increase, economies suffer from recessions or depressions and stock markets decrease substantially in value. Recent and current example would be 1966-1982 and 2001-2020. Starting around September, we will be right in the middle of the down phase of this waning square of Saturn to Pluto.

Any intelligent person can see that the source of economic recovery is not going to happen through raising taxes or increasing government spending. Yet this is exactly what governments are doing around the world. This is the history of the waning phase of Saturn and Pluto, and it takes money out of the private sector that is needed to grow businesses and create jobs. Economic growth happens with raising of revenues and/or the decrease of spending which occurs when more people are in work. The key is getting people back into the workforce and having them pay taxes.

In the USA, Congress proposed yet another tax increase of 8% on small businesses whose payrolls exceed $400,000. Small businesses in the USA already pay one of the highest tax rates of any country in the world. This is going to cause companies to lay more people off or go outside of the US to produce goods and carry out business. The most successful US companies are those that do business with other countries because the tax rate is lower outside the USA. If this is happening in the USA, be prepared for this to happen in other countries who hold large deficits e.g. UK, New Zealand, Australia, Europe……

You don’t grow the economy by raising taxes on small businesses or by offering them new and special loans. This is the old conservative way of Saturn and Pluto – policies that have failed time and again. With these policies, fewer people end up working and thus pay less and not more taxes to the government. Unemployment grows as more businesses cut back, leave the country or go bankrupt. This is a recipe for a prolonged period of economic stagnation and depression. This is however, what is astrologically suggested by this waning square of Saturn to Pluto. On top of that, there is a chance of rising inflation – and if that happens, I suggest that you have plenty of physical gold in your possession.

No comments: