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Banking troubles continue in 2010

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Hello list,

 

With transit Jupiter as 6th lord of financial stability in the 8th house of obstacles and endings in the SAMVA USA chart it is not surprising that we get the following news:

 

Banks shut in Fla., Mo., NM, Ore., Wash.

Jan 22, 10:19 PM (ET)

WASHINGTON (AP) - Regulators shut down banks Friday in Florida, Missouri, New Mexico, Oregon and Washington, bringing to nine the number of bank failures so far in 2010, following 140 closures last year in the toughest economic environment since the Great Depression.

http://apnews.myway.com/article/20100123/D9DD6LEG0.html

 

In fact, it was predicted the conditions would remain difficult for the banks during this transit. For background we can recall that the banking crisis erupted in the Venus-Jupiter period (June 2006 - Feb. 2009) and after the Venus-Rahu period (June 2003 - June 2006), when the supply of 'toxic' US sub-prime mortgages exploded on the global financial market. There were also significant transit afflictions involving Jupiter as 6th lord in 2008 and 2009. There are more such afflictions seen in mid 2010.

 

http://cosmologer.blogspot.com/2008/11/us-led-global-financial-crisis.html

 

Thor

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