The Financial Crisis: A Timeline of Events

[Guest guest]

Dear friends,

 

One of the first predictions I made was in January 2007 for a sizable drop in the stock market in the Spring of 2007 due to a number of difficult aspects in the SAMVA USA chart, not least the aspect of a transit stationary Ketu at 22° 22' Leo and 2nd house to natal Venus as 4th lord of real estate at 23° 50' Sagittarius in the 6th house of debt sustainability. Well, the Federal Reserve of St. Louis has just issued a report showing an itemized timeline of events leading up to the present major financial crisis. The report reveals that the crisis began on February 27, 2007. For lack of all-round assessment of the chart at the time, my prediction for a large drop in the stock market in the Spring did not completely pan out. Sure, there was a decent sized drop in late February, but more importantly, another adverse development did take place at that time, which in

fact was serious enough to serve as the pin prick to burst the real estate bubble of the prior years and turn into the largest financial crisis in the past half a century or more.

 

The Financial Crisis: A Timeline of Events and Policy Actions

February 27, 2007 | Freddie Mac Press Release

The Federal Home Loan Mortgage Corporation (Freddie Mac) announces that it will no longer buy the most risky subprime mortgages and mortgage-related securities.

http://timeline.stlouisfed.org/pdf/CrisisTimeline.pdf

 

The subsequent events were extensively discussed on SAMVA in terms of the period and transit influences in 2007 and 2008, including the accurate predictions for a Crisis in the fall of 2008 (http://cosmologer.blogspot.com/)

 

Best wishes,

 

Thor