China’s economic slowdown and its global fallout
by DW Sutton
For years and years and years China’s economic growth powered the world economy, but in 2014 economic growth slowed to 7.4% down from 7.7% in 2013. It signaled the end of the growth heyday, sent commodity prices tumbling and weakened an already soft global economy. Many analysts, relying on notoriously unreliable economic data, reported that China’s economic slowdown was likely to drag the world into a global recession. And in 2015 some key economic indicators (a housing glut, soaring debt and overcapacity in many industries) reveal that China’s economy is still losing momentum and the slowdown is having severe global consequences. (China needs 7% growth to create enough jobs for its massive population and The Communist Party sees social stability as an essential component in maintaining its grip on power.)
China — chart progressed to January 1, 2016
The People’s Republic of China came into existence on October 1, 1949 at 3.15pm in Peking — 39N36; 116E24. Data is from news reports (CBS radio) at the time.
Saturn is the planet of contraction — Jupiter is the planet of expansion — and as an economy contracts there’s less demand for basic commodities like iron ore and coal (Saturn). And on January 28, 2014 progressed Sun in China’s chart moved to form a high-discord obstacle (square) aspect with birthchart Saturn. The aspect reached its peak power and discord on January 23, 2015 and will end on January 18, 2016. And this aspect explains the economic slowdown that China was destined to experience in 2014 and is continuing to experience in 2015.
With progressed Sun in house 10 China’s leaders (Sun) have big business problems (house 10) and big political problems (Sun) and the square aspect indicates that they have mismanaged both problems. They did introduce stimulus measures to counter the economic slowdown — a series of cuts in interest rates and bank reserve requirements and feeding a stock market surge. And with Saturn in house 7 (the international community) China’s economic problems are having a global fallout. The square aspect indicates that the economic situation in China is much worse than the authorities are stating. It’s a very secretive administration (Scorpio is on the cusp of house 10 so it only tells you what it wants you to know).
With Saturn the worst case scenario is a hard economic landing. And when it comes to trading stocks and shares Saturn marks for falling prices and a bear market. At its worst Saturn gets scared and panics.
Three months after progressed Sun square birthchart Saturn started progressed Mercury moved to form a square aspect with progressed Mars. This aspect started on April 23, 2014 &mdash reached its peak power and discord on March 27, 2015 and will finish on February 27, 2016. Progressed Mercury is in house 11 (the National People’s Congress) and progressed Mars is in house 7 (the international community). Mars rules the manufacturing sector and Mercury is cusp ruler of house 5 (the share market) and house 8 (private and public debt.) This aspect reveals that China’s manufacturing sector (Mars) has been under severe stress and explains the wild share market volatility (Mercury rules house 5). And with Mercury ruling house 8 the country has an ever rising mountain of public debt — $US28 trillion.
So it seems that China’s very smart leaders have met their match in progressed Sun square Saturn and with Saturn in house 7 the world will share in the suffering. (And the aspect is scheduled to return when progressed Sun moves to form a square aspect with progressed Saturn in 2020.) But in 2016 help is on its way although there’s a crisis before it arrives.
On August 25, 2015 progressed Moon in house 5 (the share market) moves to form an obstacle (square) aspect with progressed Mars in house 7; and on September 9 progressed Moon moves to form an opposition aspect with progressed Mercury. These aspects reach their peak discord on September 24 and October 12 and stimulate progressed Mercury square progressed Mars. And with progressed MC at 3 Aquarius 27 in house 12 forming an expansion (inconjunct) aspect with progressed Uranus at 3 Cancer 45R in house 5 China’s share market will experience big shocks and spectacular down movements from mid September to mid October — and with Mars in house 7 the international community will be caught up in the thick of it.
In 2016 help arrives when progressed Venus in house 12 moves to form a conjunction aspect with progressed Jupiter although the house 12 location restricts the expansion; progressed Sun moves to form a luck (trine) aspect with birthchart Mars in house 7; and progressed Mars in house 7 moves to form a luck (trine) aspect with birthchart Jupiter in house 12. Jupiter is the cusp ruler of house 2 (finances) so a currency war is very likely. The stimulation to Mars will see China take a very aggressive role on the global stage and the stimulation to Jupiter in house 12 inclines towards a great deal of clandestine, behind the scenes, spying activity. (Progressed Sun is sextile birthchart Neptune — the planet of socialism, spies and spying — in house 8 — China’s very real mountain of debt.)
China’s economy has become very crucial to many countries especially Australia. Its fantastic economic growth provided Australia with enormous wealth, but as China’s demand for iron ore slumps Australia’s mining boom is fading fast. And during 2014-2015 Australia transitioned to a different economy without the enormous wealth from mining.
Australia — chart progressed to January 1, 2016
Australia was born at 1.25pm on January 1, 1901 at Sydney, NSW (33S53; 151E14). Data as stated in Gavin Souter’s book Mother and Daughter.
With 3 planets in house 9 Australia is an import/export nation but house 8 is way stronger than house 2 so the nation’s debt and financial obligations (house 8) tend to exceed its income and revenue (house 2). And in 2015 progressed Mercury in house 12 (asylum seekers and detention centers) moved to form an obstacle (square) aspect with progressed Saturn in house 9 (trade and the higher education sector); a luck (trine) aspect with progressed Uranus in house 8 (debt and taxes); and an opportunity (sextile) aspect with birthchart Pluto in house 2 (finances and banks). But progressed Uranus in house 8 is opposition Pluto in house 2 and this places severe stress on the country’s finances.
Progressed Mercury sextile birthchart Pluto commenced April 30, 2015 and will reach peak harmony December 1, 2015; progressed Mercury square progressed Saturn commenced June 5, 2015 and will reach peak power and discord January 4, 2016; and progressed Mercury trine Uranus commenced June 11, 2015 and will reach peak harmony January 1, 2016. So December 2015-January 2016 are shaping up as crucial months as these aspects reach tipping points and spill over into real-life events. Mercury is cusp ruler of house 5 (the share market); Saturn is the planet of economy, shortages and recession; Uranus is the planet of shocks and sudden, unexpected developments; and Pluto is the planet of drastic events, coercion and compulsory cooperation. (Uranus in house 8 marks for lightning fast tax reforms and Pluto in house 2 marks for drastic moves by banks and compulsory financial measures.)
Mars is in house 5 (the share market) and progressed Mars in house 4 (mining) has moved to form a luck (trine) aspect with birthchart Jupiter in house 8. But progressed MC (business) in house 1 has moved to form an obstacle (square) aspect with progressed Mars in house 4 and an expansion (inconjunct) aspect with birthchart Jupiter in house 8 (debts and taxes) so there’s an expanding debt and a Â mining sector and share market under huge stress.
USA — chart progressed to January 1, 2016
The data for the US chart — 2.14.15am on July 4, 1776 (74W08; 39N57) comes from Dr James D Keifer.
Jupiter the planet of wealth and prosperity is in house 2 (finances) and Saturn the planet of dearth and poverty is in house 5 (stock market) and in November 2006 progressed Jupiter moved to form a high-discord obstacle (square) aspect with birthchart Saturn. And this aspect is having an adverse influence on business activity and restricts growth and prosperity. Now, in December 2015, progressed MC in house 5 moves to form an obstacle (square) aspect with birthchart Sun in house 2 and progressed Venus in house 12 moves to form an expansion (inconjunct) aspect with progressed Neptune (the planet of booms and busts) in house 5. The Venus-Neptune aspect reaches its peak power in September 2016 and the MC-Sun aspect reaches its peak discord in December 2016 so America’s business activity (MC) and finances (house 2) will be adversely influenced during 2016 by obstacles that block forward progress and a share market that’s likely to bust, boom and bust! And all this in a Presidential election year.
But there’s another aspect in the chart that captures the attention. Progressed ascendant in house 7 (the enemy) has moved to form a high-discord separation (opposition) aspect with birthchart Mars (the planet of war, guns and police) in house 1 (the people.) The aspect started in January 2015 and will reach its peak power and discord in April 2016 and one can’t help but wonder if America has declared war on itself. The gun violence is so endemic that the streets in downtown USA are more dangerous than the battle fields in Syria. The aspect will increase the level or rage and anger and this will increase the number of shooting deaths and the testosterone driven arguments over gun control will become more and more irrational. Mars is great. He provides enterprise, initiative and bravery but when he expresses hate, vitriol and violence his destructiveness knows no bounds.
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Copyright DW Sutton, 2015. All rights reserved. light.org