Sunday, July 17, 2011
But we haven’t had one of these showdowns before under a Uranus square Pluto transit. These 2 planets will be within about a degree of an exact square until early August. Moody’s is considering downgrading US government debt from its AAA status on what it calls the low but not insignificant risk that the US government may default on some of its debt obligations. If the US government were to default, it would be under a transit such as this. It would have huge international ramifications.
The tightness of Uranus-Pluto suggests to me that the US budget crisis and the European crisis cannot be dealt with in the usual ways: more bail-outs in the case of Europe, and political compromise along with ever higher levels of debt in the case of the US. These crises, because they are happening under this major astrological aspect, can only be solved by deep structural change.
Uranus-Pluto says to me that something at some point is going to give. If it is not this year under the almost exact square, then it will be next year under the exact square. But the present sense of crisis will not ease until early August, when Uranus and Pluto begin to separate.
I said ‘economic abyss’, but that is just how something appears when you are resisting Pluto’s ministrations. Giving in to Pluto is never as bad as you think it is going to be. Pluto resides deep underground, and part of his function is to bring us down to earth. The western world needs to find a new basis for its economy, based on being less affluent than we used to be. Resources will have to be spread more widely to include the BRIC countries, and with their living standards going up, we cannot rely long term on cheap goods based on their cheap labour. Less affluent doesn’t necessarily mean less happy, but we have forgotten that. In some ways a major default might be a good thing, and the sooner the better.
The word crisis comes from the Greek krisis meaning ‘the turning point in a disease’. Astrologically, I’d say that turning point will happen some time in the next year. Pluto’s entry into Capricorn in 2008 was in conjunction with Venus and Jupiter, which is economically favourable. The first exact square from Uranus to Pluto on 24 June next year also has a Venus-Jupiter conjunction. ‘Favourable’ is a relative term which in this case means we have merely had the Great Recession instead of the second Great Depression!
It is the same story that we saw with the banking industry: laissez faire under Pluto in Sag leading to crisis and regulation under Pluto in Capricorn.
America’s relations with Pakistan, a crucial ally, have also been in crisis since the raid which killed bin Laden. Again, it is only a difficulty between 2 countries, one of them not very powerful. But America’s continual infringement of Pakistan's sovereignty is pushing this nuclear-armed country more and more into the hands of the Islamists. And that would be very big indeed. Hillary Clinton described this prospect a while back as a ‘mortal threat’ to the international community.
So we are in major crisis season, as one would expect from a tight Uranus-Pluto aspect. Crises are turning points. You can only put off dealing with them for so long. Any that are not dealt with now will surely have to be dealt with in a year’s time, under the exact square.