Money and markets

Pluto in Capricorn: The Death of Capitalism?

end of capitalismAstrologer Richard Nolle posted a link to on Facebook:

At the very moment of its ultimate triumph, capitalism will experience the most exquisite of deaths.

This is the belief of political adviser and author , who argues the current economic system has become so successful at lowering the costs of production that it has created the very conditions for the destruction of the traditional vertically integrated corporation.

Rifkin, who has advised the European Commission, the European Parliament and heads of state, including German chancellor Angela Merkel, says:

No one in their wildest imagination, including economists and business people, ever imagined the possibility of a technology revolution so extreme in its productivity that it could actually reduce marginal costs to near zero, making products nearly free, abundant and absolutely no longer subject to market forces.

With many manufacturing companies surviving only on razor thin margins, they will buckle under competition from small operators with virtually no fixed costs.

“We are seeing the final triumph of capitalism followed by its exit off the world stage and the entrance of the collaborative commons,” Rifkin predicts.

The creation of the collaborative commons

From the ashes of the current economic system, he believes, will emerge a radical new model powered by the extraordinary pace of innovation in energy, communication and transport.

“This is the first new economic system since the advent of capitalism and socialism in the early 19th century so it’s a remarkable historical event and it’s going to transform our way of life fundamentally over the coming years,” Rifkin says. “It already is; we just haven’t framed it.”

Some sectors, such as music and media, have already been disrupted as a result of the internet’s ability to […]

By | 2016-07-12T10:14:43+00:00 July 12th, 2016|Future Shock, Money and markets, Pluto in Aquarius|4 Comments

The astrology of current financial markets

bulls-bearsThe other day I wrote about the push and pull between the expansiveness of Jupiter merged with the detailed practicality of Virgo (Jupiter is currently in Virgo) that coincides with the transit of Saturn (structure and cold hard reality) through Jupiter-ruled Sagittarius (expansive optimism).  The collision of our dreams and fantasies with the real world is not always easy and we are seeing this kind of roiling in the financial markets today.

Of course there are economic realities apart from the astrology that are affecting the markets: primarily the fact that with interest rates approaching zero there are few other places for investors to put their money.  There is also the fact that the “quantitative easing” has flooded the market with cash to artificially inflate the situation.  And it doesn’t help that the Fed has not clarified whether or not to raise interest rates.

Still, the astrological backdrop made the current upheaval in the market easy to product.  The summer Venus (representing our values and wealth as well as love and relationships)  retrograde began a shift from the rather robust optimism to a reconsideration of the realities on the ground.  Now we have Mercury retrograde as well as a Jupiter (optimism) opposition to Neptune (fantasy) that refuses to see things as they really are but rather prefers the world of ideals and magic.

Underlying these more fleeting influences is the fact that Pluto is still in the responsible sign of Capricorn where fluff is not tolerated and restriction becomes the rule rather than the exception.  As long as Pluto remains in Capricorn (through 2023) it will be crucial to keep our eyes open and not be swayed by fantastic claims that appear too good to be true.

Ray Merriman, noted financial astrologer, […]

By | 2015-09-28T08:31:59+00:00 September 28th, 2015|Money and markets|0 Comments

The astrology of the October 2014 stock market

11725379_sOctober is not often a good month for the stock market. But in a market that is overvalued and long overdue for a correction, combined with fears over war and infectious diseases, American optimism hit a new low this week with a precipitous plunge in the markets.

The (Sibley) astrological chart for the US has Sagittarius rising, and Sagittarius likes to do everything in a bigger than life fashion.  Americans are famous for overreacting (witness the current hysteria over ebola) and there has been plenty of bad news to react to.  While it’s true that Mercury retrograde periods often bring reversals, they are typically not so dramatic as the one we saw yesterday.  This was a highly reactive and that brought added drama to what would normally have been a pullback from inflated markets.

This chart tells the story:

October 2014 stock market astrology Source: Google

You can see that the Dow began its rapid decline on October 8th, the day of the lunar eclipse.  Eclipses are known for heightening emotion, and this eclipse, with the Sun at 15 Libra and the Moon at 15 Aries, sat right on the Sun/Saturn square in the US chart which would have activated the inherent anxiety in the US national consciousness.   As if that weren’t enough, transiting Saturn is approaching a square to the Moon in the US chart which will be in exact alignment in mid to late November of this year.  So don’t expect the anxiety level to decline, and in a global world where everything is connected, this will affect markets the world over.

All the news is covering is the big drop in averages, but

By | 2014-10-16T07:59:19+00:00 October 16th, 2014|Money and markets|0 Comments

Uranus/Pluto: The Freelance Economy

freelance economyWhen Pluto entered the sign of Capricorn in 2008, there was a huge contraction in the business world as well as a global recession, and many people lost their jobs.  Pluto creates major shifts in the affairs of the sign through which it travels, and Capricorn is the sign of the structures that create the foundation on which we live.  Corporations, governments, economic structures – all of these are under Capricorn’s domain.

In 2009, Entrepreneur magazine :

When the economic sky fell last year and CEOs and workers alike were stuffing cash under their mattresses, it didn’t seem like the right moment for big plans, much less a wholesale reshaping of the way entire industries operate. But during the last year, as the shock has subsided, Americans looking at the collapse of corporate culture and finance, the loss of job security, and inscrutable government solutions are coming to [this conclusion]: We don’t have to do things the same way. We can take the economy in hand and drive our own destinies. And a movement that has been slowly building in the business world is finally taking hold: We’re seeing the beginnings of the entrepreneurial economy, a system built on nimble, low-overhead, oftentimes small companies with fluid workforces, rather than the massive conglomerates that have upheld the economy for decades.

Where Pluto is the destroyer, tearing apart any structure that is not serving the purpose for which it was created, Uranus tends to finish the job by breaking out of old and outmoded patterns of thought and action.  When Uranus entered Aries in 2010 it began to align in a challenging square formation with Pluto (see the sidebar of this blog for more information).

Many of […]

By | 2014-06-27T08:57:44+00:00 June 27th, 2014|Life, Money and markets|4 Comments

An astrological look at the US economy

financial astrologyA dear friend of mine, who shall remain nameless but I’m sure she’s not alone, been frightened by the dire predictions of another astrologer friend of hers who has predicted that the US economy will collapse in 2014 and 2015.  Contrarian that I am, I have a different view.

Yesterday’s post looked back at 2010 to see how we got to the place where we currently find ourselves.  Economists say now that we entered the global recession in December 2007 which was just before Pluto entered Capricorn in January 2008, and that the global recession actually ended in June of 2009.  The summer of 2009 may have been the trough, but it took several years to pull our way out of the recession and growth is only now just beginning to occur.

Pluto’s entry into Capricorn created the contraction that ended the previous riot of expansion that occurred when Pluto moved through Sagittarius, and once Uranus began aspecting Pluto in 2011 the world began to recover of the shock of the global collapse and begin the process of looking with new eyes (Uranus) towards rebuilding and transformation (Pluto).  By the time the square between Uranus and Pluto began in 2012, the economy was well on its way to recovery.

During this time the US has been particularly hard-hit.  Partly this is because with Sagittarius rising in the Sibley chart that is commonly used for the US, Americans tend to be overly optimistic in general, and consequently were very susceptible to the absolute faith (another hallmark of Sagittarius) that was required for the giant balloon that was the pre-2008 economy.  (Read more about America’s love of money in my earlier post here.)

I’m not sure why my friend’s financial […]

By | 2014-04-04T06:12:58+00:00 April 4th, 2014|Money and markets|2 Comments
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