Europe at cross roads? [was: Germany]

[Guest guest]

Hello dear list members,

 

The situation in Europe is getting more strained by opposition of citizens to the painful public financial adjustments demanded by the bureaucrats in the wake of the financial crisis. One wonders if this conflict will develop into a full scale threat to the financial system itself, such that citizen revolt leads to further default on debt obligations. Having authentic charts for Greece and the EU in order to look at the transit and period situation would be enormously helpful. The chart for Germany has potential though (as discussed earlier).

 

 

Greek Workers Occupy Ministry; New Walkout Called

March 4 (Bloomberg) -- Greek demonstrators took over the Finance Ministry building in central Athens and blocked streets in the city center as union groups stepped up protests against government wage cuts and tax increases to curb the deficit. About 200 members of the PAME union group, aligned with the Communist Party of Greece, were at the ministry today and protesters also took over the nearby General Accounting Office, according to a police spokeswoman. Another group blocked a central road in downtown Athens, snarling traffic. Greek Prime Minister George Papandreou yesterday unveiled 4.8 billion euros ($6.6 billion) of additional deficit cuts as he tries to convince European allies and investors he can tame the region’s biggest budget gap.

European Union officials praised the moves and Greek bonds gained on the measures, which include a 30 percent cut to three bonus-salary payments to civil servants.

http://www.bloomberg.com/apps/news?pid=20601087 & sid=a5SyK6.wdqKM & pos=8

 

Greece Begins 10-Year Bond Sale as Austerity Plan Fuels Protest

 

 

March 4 (Bloomberg) -- Greece began selling 10-year bonds as protesters in Athens stormed the finance ministry and blocked roads after Prime Minister George Papandreou pledged to reduce Europe’s largest budget deficit by cutting wages and spending. Greek bonds fell after a banker involved in the sale said the securities would yield about 310 basis points over the benchmark mid-swap rate, which equates to a yield of 6.47 percent. The government hired Barclays Capital, HSBC, Nomura, National Bank of Greece and Piraeus Bank SA, the banker said. German Chancellor Angela Merkel snubbed Greek Prime Minister George Papandreou’s bid for assistance after he announced his third package of deficit cuts this year, saying a meeting in Berlin tomorrow won’t be “about aid commitments.†Her finance minister, Wolfgang Schaeuble, said the measures were probably enough

to convince investors to buy Greek debt. While Papandreou is risking a backlash at home to meet European Union demands for more cuts, Merkel is facing domestic opposition to tapping taxpayers to extend a financial lifeline to Greece.

http://www.bloomberg.com/apps/news?pid=20601087 & sid=a_G5bOKV5jig & pos=2

 

Greek Roadblock’ Complicates Trichet’s Exit Strategy

March 4 (Bloomberg) -- The European Central Bank may have to decide just how much it’s prepared to allow Greece to dictate monetary policy for the euro region as a whole. As Greece’s struggle to cut its budget deficit keeps the euro close to a 10-month low, ECB officials will today debate whether to slow the withdrawal of emergency measures used to fight the global financial slump. While President Jean-Claude Trichet says Greece won’t get special treatment, he will still have to plot a course that avoids unsettling markets further. “With a Greek roadblock on the exit lane, the ECB will have to drive carefully,†said Carsten Brzeski, an economist at ING Group in Brussels who used to work at the European Commission, in a telephone interview. “The one-size-fits-all approach

isn’t functioning when there are divergent trends in the member states.†Trichet is facing the biggest crisis in the euro’s 11-year history just as the ECB tries to mop up the unlimited liquidity pumped into the economy last year. As Greece’s fiscal turmoil sparks a surge in bond yields across Spain and Portugal, whose deficits are also among Europe’s highest, some ECB policy makers say it’s time to wean banks off emergency funding as the rest of 16-nation bloc pulls out of recession.

http://www.bloomberg.com/apps/news?pid=20601087 & sid=aEpB81LpYHGY & pos=5

 

Thor

 

 

 

cosmologer <cosmologerSAMVA Sent: Fri, February 12, 2010 3:07:52 PM Re: GermanyHello Peter and list members, The situation in Europe today is to an amazing extent comparable to the situation at the founding of the American Republic. In particular, the euro is equivalent to the Continental dollar, which was issued by the Continental Congress prior to the Declaration of Independence and during the first years of the new Union. This currency did not have federal backing and was replaced with United States dollar in 1792, after the US Constitution had been established, giving the USA a federal government, with tax and spend powers. Prior to this, the Union was based on a

confederation form of government like the present day European Union. However, due to the US Constitution, a Federal form of government was established in the USA with George Washington as the first President of the USA. Since the Lisbon Treaty was passed, the EU finally has a President of the EU Council, Herman van Rompuy. However, rather than being a federal President, his post is reminiscent of the earlier Presidents of the Continental Congress and the Congress of the Confederation – the forgotten Presidents. As the EU is still bound by the Confederation form of government, the real sovereignty still resides with the national governments, as was the case in the USA prior to 1789. The EU Council has no direct relationship to the people of the EU, like the Federal government has with people since the US Constitution. Once the EU gets a federal government, with taxing and spending powers, it will have a more credible basis of

currency. Until then, the successful coordination of state governments in financial matters will determine if the euro will work or not. Certainly, the recent financial crisis, with its serious setback for Treasury revenues, is now testing the ability of the national governments to either raise taxes or cut back on expenditure on health, education or welfare as well as infrastructure development. The Continental dollar also had major problems. In part this is due to the British effort during the American Revolutionary War to undermine the Continental, by flooding the American economy with counterfit bills which reduced its value, giving rise to the phrase "not worth a continental." At the same time, the states were also getting saddled with debt. „The painful experience of the runaway inflation and collapse of the Continental dollar prompted the delegates to the Constitutional Convention to include the gold and silver clause into the United

States Constitution so that the individual states could not issue bills of credit."*Let us hope the euro, or more importantly, the people of the EU, do not endure the same fate. In this regard, we can note another difference, but the euro benefits by the EU having a single central bank, which the Continental dollar and the US dollar did not have until 1914. Moreover, there should be more knowledge of how to deal with financial crises and how to maintain monetary value in the modern age (let us at least hope so!)than way back then. At the same time, each crisis is different and new challenges require special solutions. In short, it is interesting to see history repeat itself, or at least rhyme.Thor*) http://en.wikipedia.org/wiki/Continental_currency--- In SAMVA , Peter P <peterannarbor

wrote:>> This is just my own interpretation. If Germany can not recover itself then how is it going to help Greece. I think in long run this could spark tension within the EU. Because of few debt driven countries like Greece, Spain and Portugal...the Euro will tumble and because of that the other countries would have to suffer without a reason. Can this be the reason of vertical split in Euro Zone? > > > > ________________________________> Cosmologer <cosmologer> SAMVA > Fri, February 12, 2010 8:06:51 AM> Germany> > > Hello list members,> > For those interested in studying the Political Unification chart for Germany (see below), here is some relevant news:> > German economic

recovery falters > 11:00 GMT, Friday, 12 February 2010> Germany's recovery from recession faltered in the final quarter of 2009, according to preliminary figures released on Friday. The German economy failed to grow at all in the last three months of the year, with GDP unchanged compared with the previous quarter. > http://news. bbc.co.uk/ 2/hi/business/ 8511954.stm> > German political unification: 3 October 1990, 0:00 am (-1:00), Berlin (52N32, 13E25), 10° 41' Cancer rising. A Cancer ascendant make a country caring (see e.g. Cancer rising SAMVA USA chart: Marshall assistance to Europe after WWII), however, the transits at the present time would be very difficult, with transit 6th lord Jupiter on MEP of 8th house and aspecting 2nd house of wealth. This suggest debts weigh on common resources and wealth. Transit 8th lord Saturn is on 3rd house MEP and aspects

5th house, 9th house and 12th house. This suggests obstalces and endings for these indications. Transit 10th lord Mars is debilitated and conjunct 1st house MEP, natal Ketu and natal 6th lord Jupiter. The executive government could see a setback. Overall such aspects would be consistent with a very tough time financially in Germany.> > Thor> > > > > ________________________________> Cosmologer <cosmologer >> SAMVA > Wed, February 10, 2010 7:22:37 AM> Re: New study: US dollar strong [1 Attachment]> > [Attachment(s) from Cosmologer included below] > > > Hello dear Vinod,> > I have heard about this as a rumor but not as a fact. Is it a fact? I add some thoughts on this. There seem to be many views on whether it is right to bail-out Greece or not.

Those who favour to give Greece assistance say it is important to prevent the local crisis spreading and becoming a "systemic event". Those who oppose to give Greece aid, say it carries a "moral hazard" to encourage other profligate states and Greece in the future to keep on spending. I expect the former camp will win out, because all stand to lose if there is a major sovereign crisis in Europe. Assuming they have the resources to lend to Greece on favourable terms, it should be done. However, we should recall the EU is a regulatory and confederate entity and not a strong political entity with a federal government with taxing powers. This recalls the difficulty of the USA as a confederation, which led to the creation of the US Constitution to make a "more perfect union". > > As for the astrology of the dollar, as I mentioned earlier, we can see what the conditions are on the US side with the SAMVA USA chart, but we don´t really

have a verified chart for the EU (euro) or Germany. Interested list members may examine the attached chart for German unification, which seems to be promising.> > German political unification: 3 October 1990, 0:00 am (-1:00), Berlin (52N32, 13E25), 10° 41' Cancer rising. A Cancer ascendant make a country caring (see e.g. Cancer rising SAMVA USA chart: Marshall assistance to Europe after WWII), however, the transits at the present time would be very difficult, with transit 6th lord Jupiter on MEP of 8th house and aspecting 2nd house of wealth. This suggest debts weigh on common resources and wealth. Transit 8th lord Saturn is on 3rd house MEP and aspects 5th house, 9th house and 12th house. This suggests obstalces and endings for these indications. Transit 10th lord Mars is debilitated and conjunct 1st house MEP, natal Ketu and natal 6th lord Jupiter. The executive government could see a setback. Overall such aspects would be

consistent with a very tough time financially in Germany.> > The aspects in the summer of 2010 in the SAMVA USA chart also suggest difficulty in this regard.> > Thor > > > > > ________________________________> Vinod Modi <modivinod62@ gmail.com>> SAMVA > Tue, February 9, 2010 11:50:57 PM> Re: New study: US dollar strong> > > > Dear Thor,> > i am sure you must have heard all news every few seconds that germany is about to fund Greece's debt and that means every participating country in eurozone will be bailed out by germany?> a huge undertaking?> i also thought that dollar has been becoming stronger because of debt problems in eurozone countries?> what happens to dollar now?> has

this been in the astrology cards or this just a mirage we seeing?> > thank you as always> vinod> > > On Tue, Feb 9, 2010 at 2:55 PM, Cosmologer <cosmologer > wrote:> > > >Hello dear Arun,> > > >You are welcome.> > > >Forecasting something as complex as share prices or currency exchange rates is not for the faint of heart. Even if we have the scienctif astrology in terms of the Systems' Approach, it takes a lot of study of a mundane chart to opine on the conditions. Even then, one can never account for all the influences, such as in unknown other mundane charts or of specfic companies. That said, with an authentic mundane chart, the overall condition should be visible. That said, as this is not an exact science, were should as you suggest consider that we are dealing with probabilities, which are hopefully greater than 50 per

cent. A final comment on this is that we should try to obtain a balanced reading of the many indicators that due to their functional or general indications affect share prices.> > > >Today, the stock market has rallied strongly.> > > >Feb 9, 2010 | 2:00PM - US Market Open > >NASDAQ 2155.7 29.65 1.39% > >DJIA 10099.14 190.75 1.93% > >S & P 1073.63 16.89 1.6% > > > >This raises the question of what explains it. First, let me make one correction in the reading made yesterday. 3rd lord Mercury is in Capricorn and the 7th house and thus not in its sign of debilitation as erroneously stated. This may be important as Mercury is both 3rd lord of investor sentiments and general indicator of commerce. Today, while transit Moon is badly placed in the 6th house and transit 2nd lord Sun is closely afflicted by natal 8th lord Saturn,

it is transit Mercury at 5° Capricorn, where it is in full strength and not afflicted, which is explaining the resurgence in stocks. > > > >A side note. The nodes are in the early stages of de-stationing this week, which could reduce the overall strain. However, in the SAMVA USA chart, the nodes are in an applying conjunction with natal 4th lord Venus at 23° 50' Sagittarius and 6th house - which becomes exact in the week of 21 March. Hence, the indications of Venus are therefore likely to experience strain in the coming seven weeks or so as the nodes move over its natal place. > > > >In conclusion, it is more likely than not, based on a reading of the SAMVA USA chart only, that the stocks will continue on a positive note this week, as Mercury and Mars move in an applying opposition aspect, and especially after the Moon enters the 7th house and before the Sun enters the 8th house. > > >

>I then reply in UPPER CASE directly in your message.> > > >Thor> > > >ps Here is my message on the stock market from yesterday> > > >Re: SAMVA] Stocks rally, then drop> >Mon, February 8, 2010 9:35:51 PM> > > >Hello list,> > > >The US stock market has been volatile of late and the major rise from March 2009 to early January 2010, seems to have stalled. In the second hald of January 2010, the stock market gave back some of the earlier gains and seems to be on the defensive. The media is suggesting that the international financial market is having concerns about all the public debt needing to be financed, including in Europe. On Friday, after several days of stocks being hammered down, the stock market rallied at the close of the session, with the Dow closing just above 10,000. Today, the market declined, with the Dow closing around 9,900. What

would explain such volatile developmens in these two days?> > > >First, recall the salient factors in the SAMVA USA chart that bespeak of difficulty, such as the aspects of transit Saturn and nodes in the chart. That said, the factors that explain the changes from one day to the next involve the faster moving planets, including the Sun and the Moon. When the stock market rallied on Friday, transit Sun was in applying conjunction with its own natal placement and transit Moon had just emerged from a conjunction of natal Ketu to become conjunct the 4th house MEP. At the same time, transit Mercury was in old age in the 6th house while transit Venus was in old age in the 7th house. The market actually wasn´t doing that well on Friday. It was clawing its way back above 10,000, just barely. When the market fell today, the Moon was conjunct natal 8th lord Saturn and transit Sun had moved> > into the aspect of natal Saturn. Over

the weekend there were other notable transit changes. Transit Mercury moved out of the 6th house and into [correction: Capricorn], and the 7th house. Meanwhile, transit Venus moved into the 8th house. > > > >Thor> > > > > >> ________________________________> > >Arun <abirla2001 >> >SAMVA > >Tue, February 9, 2010 1:45:01 PM > >> >> >Re: New study: US dollar strong> >> >> >> >> >Dear Mr. Thor,> > > >Thanks for your indepth Analysis, truely amazing and wonderful explanations. BUT after reading the posts I have a few questions :-> > > >I dont really know how to do any analysis as per SA but my interest is growing with each passing day and after reading the posts.> >

> >READ THE BOOKS BY PROFESSOR CHOUDHRY AND STUDY THE MATERIAL ON HIS WEB SITE WWW.YOURNETASTROLOG ER.COM> > > >With the knowledge of SA and the way you breakdown each and every planets influence; Is it possible that with this knowledge one can possibly forecast a near term trend of the Stock Markets as well as Currencies; If not to 100% accuracy levels but lets say to a level of 80 to 90% accuracy.> >IT IS HARD TO GIVE AN ESTIMATE. I HAVEN'T DONE RESEARCH ON THE FORECASTING ACCURACY BASED ON THE SAMVA USA CHART, AS THE FIRST YEAR WENT INTO GETTING A BETTER UNDERSTANDING OF IT. ON AVERAGE, THE OUTCOME SHOULD BE BETTER THAN CHANCE, OR 50 PERCENT, MAYBE 75 PER CENT, WHICH WOULD BE QUITE GOOD.> > > >For Example on 11th Feb. Several Economic Indicators are due for release which will provide clues to the Job Market situation in US. Is it possible to predict

the outcome in advance before these numbers are released as SAMVA USA Chart and movement of planets are available to calculate the possible outcome. > >OK, THERE ARE SOME DIFFICULT ASPECTS, BUT THE PLANETARY INDICATIONS INVOLVING THE FASTER MOVING PLANETS SUGGEST FAIRLY FAVOURABLE NEWS.> > > >It is critical to be able to judge the right time to convert the foreign exchange in my line of business as I have suffered heavey losses after putting in a lot of hard work in earning foreign Exchange in Export Business only to see all the profits getting washed away when converting the Earnings to Local Currency. Only If I can learn to know the right time to make the right moves can provide much needed help.> > > >SAMVA IS NOT AN INVESTMENT ADVISORY. I FIND IT HELPFUL TO MAKE OCCASIONAL FORECASTS OF FINANCIAL MARKETS BECAUSE THEY PROVIDE TO THE MINUTE DATA ON CONDITIONS. THAT SAID, IT IS A ALSO A WAY TO FOLLOW AND

LEARN THE MARKETS.> > > >To be able to learn and understand SA approach is catching my imagination and interest and I hope to be able to start devoting time and effort in coming few months. With Prof. Choudhary Jee and Yourself, giving so much support and intresting posts I am sure it will be a wonderful experience.> >BEST OF LUCK.> > > >Thanks,> >Regards,> >Arun.> > > >> >> >> >> ________________________________> Cosmologer <cosmologer >> >SAMVA > >Tue, February 9, 2010 1:30:30 AM> >Re: New study: US dollar strong [3 Attachments]> >> > > >Hello Peter,> > > >You are welcome.> > > >Interestingly, the other country mentioned in the report, the UK,

has less favourable currency indications, despite having the famous Pound Sterling. > > > >Sun as 12th lord is at 19° 07' Sagittarius and 4th house where it afflicts the most effective point of the house. While the Sun's dispositor, Jupiter, is well placed, being exalted in Cancer and 11th house, The Sun's aspect reduces its own strength. Moreover, the Moon, as 11th lord, which is thus a dual indicator of currency, is the dispositor of Jupiter, and in turn the dispositor of the Sun. As the Moon is in old age at 28° 20' Gemini and 10th house, it has therefore less than 40% strength. As such, it and the Sun are therefore weak and liable to setbacks during transit afflictions. The saving grace is Venus as 2nd lord, which becomes the third indicator for currency strength. It is well placed and is 90%strong at 25° 27' Capricorn and 5th house, however it is moderately afflicted by Ketu at 22° 59' Virgo and 1st house.

Interestingly, Saturn as 6th lord> > of financial stability in the 12th house of losses, owned by the Sun, has at times been associated with setabacks in the Pound sterling - as well as being a key influence in the recent UK financial crisis.> > > >In the past 80 years there have been several high profile crisis involving the Pound, resulting in a decline in its value. Its international stature has also been reduced from the mid 20th century, when the Pax Brittanica was replaced by the Pax American, based on the Bretton-Woods international monetary system. When this system came to an end, the US dollar continued to reign as the preeminent international currency. > > > >- In 1931, the Pound was allowed to float from $4.86 to $3.75, resulting in a decline in its value> >- In 1940, an agreement with the U.S.A. pegged the pound to the U.S. dollar at a rate of £1 = $4.03. This rate was maintained

through the Second World War and became part of the Bretton Woods system which governed post-war exchange rates. Under continuing economic pressure, and despite months of denials that it would do so, on 19 September 1949 the government devalued the pound by 30.5% to $2.80. The move prompted several other currencies to be devalued against the dollar.> >- November 19, 1967: The Pound Crisis was a 14% devaluation of the Pound> >- September 16, 1992: In British politics and economics, Black Wednesday refers to the events of 16 September 1992 when the Conservative government was forced to withdraw the Pound Sterling from the European Exchange Rate Mechanism (ERM) after they were unable to keep sterling above its agreed lower limit. The UK joined the ERM in October 8, 1990. at a rate of DM 2.95 to the Pound. Some say, the Pound was fixed to the DM at too high a value rate. The Pound crashed out of the ERM on September 16, 1992, at DM of

2.20.> >http://en.wikipedia .org/wiki/ Pound_sterling# The_1976_ sterling_ crisis> > > >I leave the analysis of the transit and period influences to interested list members.> > > >Thor> >> > > >> >> >> ________________________________> Peter P <peterannarbor@ >> >SAMVA > >Mon, February 8, 2010 2:54:36 PM> >Re: New study: US dollar strong> >> >> >> >> >As always thank you for the great insight. Since the Euro is poised to go down because of the poor economy in that area this will surely upsurge dollar move. > > > >Thank you. > >> >> >> >> ________________________________>

Cosmologer <cosmologer >> >samva > >Mon, February 8, 2010 3:48:52 AM> > New study: US dollar strong> >> > > >Hello list,> > > >The following news story offers an interesting insight concerning the inherent strength of the currency of the USA, the dollar. > > > >Weak Dollar Illusory as Correlated Trade Shows Gains > >Feb. 8 (Bloomberg) -- For all the concern over the $1.6 trillion U.S. budget deficit and record debt load, the dollar is as valuable now as 35 years ago. Measured against a basket of currencies from the Group of 10 nations proportioned by how they trade against each other, the greenback is up about 3 percent since 1975, according to Bloomberg Correlation- Weighted Currency Indexes. That was four years after the Bretton Woods agreement, set up in 1944 to

link currencies to the price of gold, collapsed. The U.K. pound has dropped 34 percent and the Canadian dollar has fallen 6 percent. The U.S. dollar gained 6 percent since November after losing 12 percent in the first 11 months of 2009 as measured by the Bloomberg index. Barclays Capital and Morgan Stanley say the U.S. will grow faster than the rest of the developed world this year and 2011. At the same time, Europe faces> > worsening finances in Greece, Spain and Portugal, Japan’s economy is struggling and concerns about valuations in emerging markets are increasing. “To quote Mark Twain, the reports of the dollar’s demise have been greatly exaggerated,� said Win Thin, a senior currency strategist in New York at Brown Brothers Harriman & Co., which manages about $40 billion in assets.> >http://www.bloomber g.com/apps/ news?pid=

20601087 & sid=aR2jMWnUvZf4 & pos=5> > > > offered the following insight over a decade ago: > > > >"It is the power of the state which is shown through the strength of the currency. The authority is first vested in the Sun/ the second house and then in the Moon. The good financial strength of the nation/wealth is seen through the second house and the regular flow of income is seen through the eleventh house. Taken all these four together they show the real strength of the currency of a particular country."> >> >In the SAMVA USA chart, the dollar would tend to be a strong currency on account of the strong 2nd lord Sun placed in the MEP of the 7th house and strong 1st lord Moon in the 11th house. That said, there would be fluctuating fortunes as per period and transit influences. For instance, in the autumn of 2009, when transit stationary 6th lord Jupiter was conjunct

natal Sun in the chart, the dollar reached its trough (low point). It was also predicted that concerns over the 'dollars demise' at that time were exaggerated. This prediction has been proven. Moreover, as predicted, the dollar has tended to rise since Jupiter moved on and ceased to afflict the natal Sun.> > > >Thor> >> >> >> >> >> >> >> >> >> > > > > Attachment(s) from Cosmologer > 1 of 1 Photo(s) > Germany_10Feb2010. jpg>---