Monday, May 24, 2010

The Crisis Season and the Future of Europe

Europe is in crisis over the Euro. This situation keeps sending global shares tumbling, reflecting the possibility of a wider crisis. South Korea has just suspended trade with North Korea, in a crisis over the deliberate sinking of a ship by nuclear-armed North Korea. The oil-spill crisis off the US coast, the biggest ever, is over a month old and the oil continues to escape. Many airlines have been thrown into crisis by the volcanic ash coming from Iceland, which seemed to ease off, then it started up again, now they’re saying it’s easing off. The US is putting forward proposals for sanctions against Iran, the latest move in a crisis that has lasted years.

What characterises most of these crises is that they keep going, with no end in sight. Jupiter is rapidly approaching a conjunction with Uranus, which enters a new sign on Thursday; a few weeks after that it will begin to station, intensifying its presence. The crisis season is far from over. It leads straight into the well-known cardinal t-square of late July 2010, involving Saturn, Uranus, Pluto, Mars and Jupiter, joined by the Moon and Venus a week later. This will be a time of deep resolution of problems that have come to a head in the previous months. It could also be a very problematic time, with events turning against you unless you really know what you’re doing.

A crisis by definition is a situation that cannot be controlled: if it could be, there would not be a crisis. And outer planets are like this. The inner planets make up our conscious sense of who we are. A human life consists of getting to know our inner planets and surrendering to our outer planets, and learning to tell the difference. The outer planets perform a very useful function when humanity gets above itself, thinking of itself as god-like (which it is, but only partly.) I think that most of life cannot be known or controlled, which is why chaos can take over so easily, reminding us that we only have islands of knowledge in a vast unknowable ocean.

So Europe’s Crisis. Europe needs to act as one if it is not to be walked over by the US and China. But it’s not easy getting such old nations, with such a history between them, to unite. Look how hard it was for the original 13 US states, which had much more in common, to come together. It nearly didn’t happen. How much harder it is for Europe.

The crisis over the common currency, the Euro, provides one of those make or break moments for Europe. The crisis has arisen because insufficient provision was made in the original rules to deal with member countries that live too much beyond their means. The miscreants were bound, of course, to be the undisciplined Latin countries like Greece and Italy and Spain, and not us responsible – and less exciting – Protestant northern countries. To prevent such a crisis you either have to be able to force countries to live within their means, which means surrender of sovereignty to a degree we haven’t yet reached in the EU; or you have to chuck those countries out of the Euro (but not necessarily out of the EU).

It’s hard to see what the outcome will be. Germany has been the chief paymaster of Europe, and this is causing a political crisis at home, because Germans are getting fed up with bailing out other countries and they want more contribution from some of the other states. Britain, the second wealthiest along with France, is not a member of the Euro and has no intention of helping out.


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Astrologically, the Euro is undergoing a hard Uranus transit to its Angles that will not be over until Spring 2011 at the earliest (stage 1 of the resolution), but Uranus will come back to within a degree of the Angles in autumn 2011 (stage 2?). So whatever the EU does, the situation will remain unpredictable and unsettled until at least next Spring.


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The EU (or EEC as it then was) and the Euro both came into being on the 1st of January at midnight in Brussels, though obviously in different years. This means they have the same Sun and Angles, and it means that the future of the EU is now intimately tied up with the future of the Euro.

What is striking about the chart of the EU is the degree to which it describes an economic union rather than a political one (where I would expect to see lots of e.g. Aquarius and Libra). It has Moon in materialistic Taurus conjunct a Scorpio-Taurus Nodal axis, in the 2nd and 8th Houses of wealth and shared wealth. The EU seems to have reached a point where further economic integration is not possible without more political union, so that there can be budgetary control.

We see the connection between the economic and the political through Venus in Aquarius: the planet of wealth in the sign of idealistic group enterprise. So there are attempts at political union. But that poor Venus is conjunct Chiron and square to the Moon and Nodal axis, suggesting a conflict between the economic and political aspirations in which the economic wins out. Add in Uranus in Leo, and we have a Grand Cross which makes this attempt very unstable.

We also need to consider the Sun in Capricorn. This trines the Moon and sextiles the North Node. This suggests to me what the outcome might be, for Capricorn is a hierarchical sign (which we already see through the dominance within the EU of the Franco-German axis.) I think we have to forget about political union, and look at a hierarchical economic union. That will work, according to the chart. You have the richer countries that can be relied on to live within their budgets forming a close union, perhaps including currency union, and then you have the rest forming part of a larger European Free Trade Zone.

The EU will be going through deep change over the next few years as Uranus and Pluto hard aspect the Sun (and Pluto trines the Moon). It will be a different organisation, and in a way it makes sense that it will be one in which the richer countries will no longer be obliged to bail out the more profligate ones, because that is just the way people and countries work. It will be an organisation of first and second class members.

Pluto brings up survival issues, and having come within 5 degrees of the EU Sun, those survival issues are starting to become apparent. There is a very strong motivation for the EU to survive in some form in a world divided into superpowers, and therefore a very strong motivation to divide up the EU according to economic criteria, so that some countries cannot threaten the well-being of others and of the whole organisation.


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8 comments:

Deirdre said...

Interesting that the European Union chart and the euro chart have the same ascendant as David Cameron's - 29° Virgo. I wonder if this could reflect a wish of his to be aligned with the continent.

If the Eu restructures, that would be interesting if the rich countries divvy up the kitty proportionally to who put in what. In that case Mediterranean tourism (Greece, Spain & Portugal) could become an investment for gold diggers again as local labor there could become more than affordable like it was in the 80' and 90's.

Anon said...

Of course what one loses the other gains and so the effect on tourism in the Mediterranean can even increase though to say this would mean to miss the point: What we see right now is a restructuration of the whole economic currency system, in view of the introduction of a world currency that is the only way, real way, to discharge the public debts which cannot be paid really...

But again public debts are owned for their greatest part by Financial banks and institutions that could have continued the game till they had wanted for they are the real and only owners of that game...

So if this game falls it is for they have a project...

Dharmaruci said...

Sounds like conspiracy theory to me. No problem, if you can present credible evidence, which is where it usually falls down.

Palden Jenkins said...

Yes indeed - good thinking, matey.

I've felt for some years that, globally, to protect us from an almighty whammy catastrophe, we are being taken through a series of economic crises (especially since it's economics that holds us back from making other changes in the world regarding society, environment, war, resources, etc). I've felt intuitively that we might well see about seven waves of crisis, and this is the second.

There's another aspect of crises, to add to your observation about things going out of control. A crisis is also a cascade of interrelated solutions coming at a faster and more intense rate than we would like.

About the EU and the Euro, yes I agree with the observation you make about China and USA (and emerging powers) - because of our history, laziness and complexity in Europe, it will probably be external pressures that force us into greater European integration - and the thing that'll do it is that we first need to be shaken out of our comfortable European complacency, by crisis. But in this instance it's an internal crisis with global implications, not a global crisis with European implications!

The matter of continental unions is a key one. As you might remember, I'm an advocate of a Middle Eastern union, as a resolution of the problems there (with Is-Pal, Iraq, the decline of oil, environmental issues such as drought, etc) and I think this is a global issue - Latin America is leading the way in some respects.

But there's another issue too. Around 1990 people talked of the Hundred Region Europe and the decline of the historic nation states. This was neatly tamped down by traditional national establishments, but it won't go away. For Europe to integrate, the nations need to melt away and the 'Hundred Regions' need to come forward, which would give Europe a greater internal elasticity.

Thoughts for the day, in response to your stimulating piece on Europe! Well done - you come up with good ones.

Palden

Anonymous said...

Fascinating article. Thank you sir!

NEO said...

Palden,

A "Hundred Region" Europe that transcends nation states appears to be where we need to go, but not only for Europe as I'm sure you have also observed. I can see the same eventually taking place in North America as well, and on all of the continents. Maybe I'm too optimistic, but I do see this leading to (or perhaps being the product of) a better, more aware and interconnected world.

bb said...

"Hundred Region" areas make sense as long as the fractions (nations) can maintain some cultural identity. Homogenization is in no one's best interest.

Sharyn said...

Dharmaruci, you see the big picture.All this energy in cardinal signs. I look at how the tarot cards for the signs and planets are playing out. Capricorn (the Devil),Saturn (the World),Mars is (the Tower)Aries(the Emperor),Libra (the Justice)
Pluto representing Scorpio energy (#13 Death) The fall of empires repeats itself. The corruption is falling apart like the tower card. A real spiritual house cleaning. Our very own inner planets are needing adjustment and realignment.
Pladen, you're on target.Countries will merge as one continent. Interesting times we live in and thru. Uranus (the Fool) being the unconsciousness as we take the next step in this journey. Being a libra with the wisdom to stay in balance and alert. We must have a sacrifice (pluto) to bring in change. Will America wake up? Cancers feel it in their gut, may have to pull in their belts!
You're a good source of knowledge since the news here is sugar coated with obama drama.
Sharyn