Monday, March 16, 2009

The Idiot's Guide to the Credit Crunch

If like me you get confused by how it all happened, visit this 5 minute Audio Slideshow: A guide to the credit crunch by Robert Peston of the BBC. I still don’t understand why it is so crucial for banks to lend money to each other, though I can see why they wouldn’t in the present climate.

Robert Peston, who has become a prominent economic commentator in the UK, is a Taurean. (He’s got a fantastic chart for his job: born on a New Moon in Taurus in a grand earth trine with Jupiter and Pluto.) Vince Cable, a leading liberal politician who has also recently become prominent as an economic commentator, is a Taurean. George Osborne, the Shadow Chancellor, is a Gemini, but with Sun conjunct Saturn in Taurus and a Mercury-Venus conjunction in Taurus.

So the people who seem to be most visible in commenting on the government’s handling of the economy are all strong in a sign that understands money: Taurus. Meanwhile the people who are actually handling the economy, Gordon Brown and his Chancellor Alistair Darling, have no planets in Taurus. One is a Pisces, the other a Sagittarius. These are both Jupiter-ruled signs that belong to the reckless age that we are now leaving.


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5 comments:

Matthew The Astrologer said...

"These are both Jupiter-ruled signs that belong to the reckless age that we are now leaving."

Fear not... Sun/Moon/Mercury in Sag Jon Stewart, all ruled by his Jupiter in Pisces... is more than making up for them. :)

bb said...

Haven't seen a Stewart chart and I suppose time is unknown, but there is more to this guy. He sure is a fearless idealist on another plane. As a wretched earthbound Virgo I really admire people like Jon.

chrispito said...

i have come to realize two things today. one is that my chart is ruled by Jupiter and the other is that I have been supremely reckless as of late and my own game is up.

Sally said...

Peston isn't always my favourite person, but this is a good down-to-earth Taurean explanation of the mess we have got ourselves into! It's going to take some good Taurean common sense to get us out of it and it is notable that Gordon Brown has no planets in Taurus at all....

Dharmaruci said...

Yes, Peston has an unfortunate manner, but I think it's nerves and his delivery has improved over the last couple of years.

BB, go to Lynn's site at http://blog.beliefnet.com/astrologicalmusings/2009/03/jon-stewart-and-the-cnbc-smack.html for something on Jon Stewart's chart.