Friday, September 29, 2023

Good markets and depressions article written in 2010

 MONDAY, JANUARY 18, 2010
GRAND CROSS AND GREAT DEPRESSIONS

By Robert Gover

My purpose here is to review the astrological history of past great depressions in order to show why the years 2008 through 2019 are likely to be the most difficult so far in US history—and, since the US economy is now so integrated into the world economy—for other nations as well.

In ancient societies that developed astrology to high levels—Egyptian, Hindu, Babylonian, Greek, Mayan, Chinese, etc.—the study of planetary influences was confined to a priesthood. No attempt was made to publicize how these priesthoods worked, knowing that the combination of mathematics and mythology they employed would baffle the masses.

Now, computer programs make astrology more accessible to more people than ever before. Computers have also made astrological research much easier and faster. Not many years ago it required months of work by astrologers to find data that computers now find in seconds. The data presented here can be checked by anyone with an astrological program and access to historical information.

Great Depressions Defined
There have been four great depressions in US history: the 1780s, 1840s, 1870s and 1930s. Great depressions are not to be confused with periods of less hardship or shorter periods of hardship, often called depressions or recessions or downturns. There have been many periods called recessions or depressions in US history but only four that qualify as great depressions.

How can we distinguish recessions and depressions from great depressions? Dr. Ravi Batra provided this definition (The Great Depression of 1990, Simon and Schuster, 1987, page 106):

“A recession usually lasts for one to three years, during which the rate of unemployment, while rising, is generally below 12 percent. When a recession lasts for more than three years, and/or the rate of unemployment lies between 12 percent and 20 percent, the economy may be said to be suffering from a depression. When unemployment remains high and business stagnates for six or more years, the nation’s plight may be called a great depression. Thus, depending on its severity in depth and length, the downswing of the business cycle may be defined as a recession, depression, or great depression.”

What looms ahead in the not-to-distant future is likely to combine the social upheavals of The Sixties with the angst of the 1930s Great Depression and the rebelliousness of the American Revolutionary period. This prognostication is not certain, understand, but it is very likely. I base the likeliness of it on two things: 1) correlations of past great depressions with a certain repeating planetary pattern, and 2) the thrust and momentum of current events.

What makes astrology “unscientific” is that each repeating cyclical pattern formed by the planets of our solar system occurs in an ever-changing celestial environment. For example, each New Moon, the most frequently recurring cycle, occurs within a solar system in which all the other planets are arranged differently in relation to the Lunation. Moreover, our solar system has changed in relationship to the surrounding universe due to the Precession of the Equinoxes. Thus, each moment in “cosmic time” is unique, never to duplicate again. Scientific verification depends on duplication. Astrologers are continually dealing with a changing universe and thus dogged by various degrees of uncertainty.

Nevertheless, astrology is the best predictive tool we humans have. It can tell us what periods will be difficult, what periods will be easy. Combine astrological prediction with the trend of current events, and accuracy of prediction increases.

History of Great Depressions
The single economic condition that has coincided with all great depressions of the past is a record gap between rich and poor. By the beginning of the new millennia, the gap had never been greater. This is so both inside the USA and throughout the world.


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