A Funny Thing Happened in the 21st Century – Part 1

The astrological ages behave like mighty ocean waves. Each age-wave mimics each other age-wave, in shape, size and velocity, but the variation is in the archetypes associated with each wave.  Each wave brings a different set of archetypes with it.  The problem with astrological ages is that they are spaced around 2,150 years apart and very few people can contextualize a series of historical currents separated from each other by 2,150 years.

Dividing an age into three equal parts creates age-decans with each age-decan in the order of around 700 years may be slightly more palatable, but the time spans involved are still taxing for most people.  Sub-ages of around 179 years each may be a little more familiar to many people as most people have some kind of familiarity with the Renaissance followed by the Age of Maritime Exploration with the Scientific Age closely on its heel.  Next came the Industrial Revolution leading to the worldwide population explosion, followed by the Atomic Age and now we have the desultory period of post-modernism.  Sub-ages enter the realm of relative familiarity.

In the same way that ages can be divided into three decans, so can sub-ages.  It is my observation that the smaller sub-age decans of approximately 60 years is the most palatable way for most people to relate to history because 60 years approaches the average span of life.  The normal person will have personal experience of at least two sub-age decans over the course of their life, and the cultural remembrance of the sub-age decan experienced by their parents or grandparents is so strong, that a third sub-age becomes almost as real as the two that are directly experienced.  For Baby Boomers at least, they have direct experience of the Scorpio sub-age decan, the current Gemini sub-age decan, with handed down tales of the Pisces sub-age decan of their grandparents, supplemented with the movies of the 1930s we saw as kids on TV.  Younger generations may be too removed from the Pisces sub-age decan, but they should assimilate the arrival of the coming Aquarian sub-age decan in 2029!

These 60 years sub-ages are not only understandable by most people due to their direct experience, they also seem to dictate the geopolitical reality of the world that sits upon the collective expectations and reality of the world’s population.  The sub-ages provide a structure to analyze what can be expected to occur in the current 21st century.  The 21st century is mainly focused upon the Gemini sub-age decan (1970-2029) followed by the Aquarius sub-age decan (2029 – 2089).  These two sub-ages are the first two of three sub-ages of the Libra sub-age (1970-2148).  The funny thing is that the current 21st century will be ‘milder’ than last century and next century.

Before delving into the sub-age decans of the current 21st century (2001 to 2100) it is important to place the 21st century into context.  The 21st century sits between the 20th and 22nd centuries.  The 21st century is not only bookended by each of these two centuries but also dwarfed by each of them.  The 20th and 22nd centuries are far more powerful than the current 21st century.  This can be readily explained.

The 20th and 22nd centuries each have a sub-age cusp located within them whereas the 21st century lacks such an event.  The Scorpio sub-age came to an end in 1970, and the current Libra sub-age will truncate in 2148.  Each of these cusps can be viewed as the crest of their respective waves.  The wave associated with a sub-age is the third strongest of all the waves, and is only exceeded by the age-decans’ and age cusps’ waves. In a superficial analysis, the fact that the current 21st century has no wave of the size of a sub-age cusp may indicate that it is a ‘lessor’ century.  This may or may not be the case because approximately every second century lacks a sub-age cusp.  Since 1000 AD, the 12th, 14th, 16th and 19th centuries all lacked a sub-age cusp.  It is very possible that each of these centuries were subordinate to the centuries that did contain a sub-age cusp.  A superficial examination of all the centuries since 1000 AD in Wikipedia does qualitatively support this notion but even if true, it is probably a moot point.

So while our 21st century is bereft of a sub-age cusp, it sits directly under the path of the Scorpio sub-age overflow (1970-2148) which in essence is like a tsunami passing over a hapless world. Scorpio does not bring peace or security but disaster and regeneration.  Scorpio is not the sign of war, but it is the sign of terrorism and terrorists. It is the sign of underground criminal networks and disenchanted individuals willing to die for whatever cause.  It is the sign of vulnerability where despite statistical indications to the contrary, people feel that crime, death from war and violence and premature death is occurring more frequently. Scorpio is also the sign of debt, so instead of countries being rated on their gold reserves, they are rated on their debt level.  People use credit cards instead of cash.  The recent GFC was extremely painful for many who had borrowed heavily to fund their stock portfolios.

However, the great scourge associated with the Scorpio wave that peaked in 1970 and is now washing over the world is pollution. Some astrologers have a problem with pollution being associated with Scorpio, but in reality, pollution is the excrement of our modern enlightened society and associated economy.  Many people fear the advent of the Third World War, but the scourge of this century is not a world war but something that has the potential to be just as deadly.  Of course atomic bombs and nuclear power stations are ruled by Scorpio, and their proliferation since the arrival of the Scorpio sub-age decan overflow in 1970 plus some of the nuclear accidents that have occurred to date, strongly suggest that nuclear radiation contamination is also in the hand of cards now being played.  Fukishima again demonstrated our increasing vulnerability to nuclear accidents.

Not everything is dark and gloomy with Scorpio, after all, sex is a strong Scorpio archetype. The Sexual Revolution unleashed in the 1960s and 70s aligned to the peak of the Scorpio wave has fundamentally changed western society and continues to ripple out to the rest of the world. The arrival of legalized gay marriage in some regions of the western world demonstrates that the Scorpio wave of sexual liberation is showing no signs of faltering.  Even Muslim countries like Malaysia have recently allowed their gays to come out of the closet while more backward nations have strengthened their anti-homosexuality laws – but the focus remains on Scorpio.

Is Scorpio a doom-laden gloomy sign compared to most other signs? This is a matter of perspective.  Certainly a key attribute of Scorpio is its death-rebirth nature.  On the one hand this breeds born-again Christians (and seemingly born-again Muslims) but on a more significant perspective, it indicates a time of renewal following a breakdown.  Is the world breaking down?  Is it renewing?

I recently had the fortunate experience of attending the 2014 Ubud Writers & Readers Festival in Bali.  This was not the first time I had attended one of these festivals in Bali, but it was the first for a few years.  It is a great place to feel which direction the wind is blowing.  The almost unanimous consensus by the writers, intellectual s and attendees was that the direction the world is heading is wrong.  Specifically the economic paradigm introduced or forced upon the rest of the world by powerful western nations (since the arrival of the Pisces age overflow in the 15th century) benefits the minority rich at the expense of the vast majority of the world population.  The accumulation of wealth by a few is disproportionate to the number of extremely poor people in the world.  Furthermore, the environmental degradation of the world is a direct consequence of this unquenchable quest for wealth by those who basically are already wealthy in relative terms.

In contrast to chasing wealth, many people at the festival expressed the need to find value from non-materialistic aspects in life.  This was probably best expressed by Keibo Oiwa from Japan who is a cultural anthropologist, film-maker, environmental activist, public speaker and the author of over 50 books.  His slogan for the future was the need to be ‘slower, smaller and simpler’. He received much applause.  Thus we are seeing the dawn of a new perspective on the modern world, one not focused upon wealth and power but upon quality and happiness.  No one was calling for the destruction of capitalism but the sentiment was that capitalism will have to be house-trained.

Keibo Oiwa is not alone, and ever since the 1960s and 70s there has been a small but growing number of people attempting to live an alternative lifestyle or opting out of the money-centric world of extreme capitalism that we now find ourselves in.  Is the shopping mall a sign of progress?  One Balinese teacher complained how her youthful students were totally focused upon what we would call junk-food, because in their eyes, cool people overseas ate rubbish at McDonalds, Kentucky Fried Chicken and the like – anyone with a white skin was considered cool.  It seems that humans are like chimpanzees that want to mimic each other.

This alternative urge towards house-trained capitalism and quality of life over wealth will be a growing phenomenon of the current 21st century but for a while, this new movement will be dwarfed by terrorism, epidemics, failed states, criminal gangs, tyrannical leaders and megalomaniac states but this does not mean a rebirth is not in progress.  According to Malcolm Gladwell, author of “The Tipping Point”, it only takes about 20% of the population to move towards a new idea, trend, or social behavior which then crosses a threshold and spreads like wildfire.  Already in Australia, about 10% on average of the voting population vote Green in every election.  How many decades until this figure is 20%?

The work is certainly cut out for the world in the 21st century, but any examination of the two centuries that sandwich the 21st century suggests that while change is imminent, due to the Scorpio wave passing over the whole of this century, the level of destruction or chaos that will be experienced in the 21st century is limited. The destructive influence on both the 20th and 21st centuries are much greater compared to the 21st century.  We have already passed through the 20th century, and survived, and the inherent problems in the 21st century should not be as great, despite contemporary society’s pessimism.  A funny thing about the present 21st century is that it should be ‘milder’ on humanity compared to the previous 20th century.

Relevant time periods:

Scorpio sub-age and overflow (1791-1970-2148)

Libra sub-age and overflow (1970-2148-2327)

  • Gemini sub-age decan (1970-2029)
  • Aquarius sub-age decan (2028-2089)
Figure 5 – the subage decans of the Libra subage
The sub-age decans of the Libra sub-age


All ages and sub-periods behave like a wave in the shape of a bell curve.  When any period commences, it is at its weakest point, and steadily build in strength to its apogee at the end of its period.  It then breaks like a wave and washes over the following period like a wave in what is called its ‘overflow’.  Research indicates that the sign associated with any period appears stronger in the overflow period.  For example the Scorpio sub-age was 1791 to  1970 but Scorpio will appear to diversify much further in its overflow period compared to its period proper. A funny thing about the present 21st century is that it should be ‘milder’ on humanity compared to the previous 20th century.

book-img 3D 110315

For online sales –  www.macro-astrology.com/purchase

Blog Index – macroastro.wordpress.com/blog-index/

Technical blog  – cuttingedgeaquarianage.wordpress.com (mainly for astrologers)


SCORPIO in Retrospect

Over six years ago my article SCORPIO – the Sign of the Times was published in the Astrological Monthly Review (Vol. 68, No. 11, November 2006, pages 27-31). In that article I identified the prime concepts that were expected to appear with the Scorpio hotspot (2005-15):

  • Revolution, terrorists and general instability
  • tyrants with their cruelty
  • death, assassinations and murder
  • waste products from any process, which naturally includes sewage and pollution
  • atomic energy and bombs
  • almost everything associated with sex
  • taxes and debt (including credit cards)
  • underground criminal organisations
  • spy networks

The period 2005 to 2015 is the key Scorpio time associated with the Scorpio micro-age decan (2005-10) and Scorpio micro-age decan overflow (2010-15) sitting as the middle decan within the Cancer micro-age (2000-15) (see table below). Within the Aquarian age, the most relevant aspect that relates to the whole 21st century is Scorpio.  This is because there are twelve sub-ages in each age, and the Scorpio sub-age existed from 1791 until 1970.  Due to the fact that ages and their sub periods behave like waves the following period 1970 to 2148 demonstrates the dispersion of the Scorpionic energy (technically the Scorpio sub-age overflow) over the following Libra sub-age.  There are twelve sub-ages in each astrological age.  Furthermore each sub-age has twelve micro-ages of approximately 15 years each, with each micro-age consisting of three decans of approximately five years each The Scorpio micro-age decan ran from 2005 until 2010, with its overflow period 2010 to 2015 – but with its most potent time from 2007 until 2012 (the top of the bell curve) which I term the Scorpio quasi-micro-age decan (2007-12) though the whole period 2005 to 2015 is the full Scorpio hotspot as this little Scorpio micro-age decan resonates with the momentum of the Scorpio sub-age overflow (1970 – 2148).

The main correlation to Scorpio was not emphasized in the above list from 2006. The Global Financial Crisis (GFC) appeared right on target with the arrival of the Scorpio quasi-micro-age decan (2007-12) and mainly departed by the end of 2012 except for some remnant kicking and screaming by southern peninsular European countries (and this can be expected to continue until 2015). I did list ‘taxes and debt (including credit cards)’ but the GFC was a significant magnification of these issues especially related to debt.  I doubt if few people would disagree that 2007 to 2012 was extremely out of kilter with the economic norm we have come to expect in the modern world.  As a result, people have been focused upon reducing their debt including credit cards that is proving to be an anti-stimulus to the economy.  One of the major political issues in the USA over the course of this period is the political impasse over the US debt limit.  The Democrats want to increase taxes, while the Republicans want to decrease expenditure – but both are strong Scorpio archetypes. This is unlikely to be fully resolved until 2015.  The reduction in expenditure, consumption and debt will be an ongoing theme in the First World for the next century and a half with this little Scorpio hotspot a foretaste of the new world economic paradigm.  While the First World slows down, the Developing World will be full steam ahead (until they catch up and then suffer the same fate).

Scorpio archetypes include revolution and general instability.  The widespread flare-up of disenchanted citizens in many Middle Eastern countries since early 2011 included: Tunisia, Libya, Algeria, Jordan, Mauritania, Sudan, Oman, Yemen, Saudi Arabia, Syria, Djibouti, Morocco, Iraq, Somalia, Bahrain, Iran and Kuwait.[1]   From an astrological perspective, it is interesting that the revolutionary fervor is basically located in Middle Eastern Muslim nations, while the similar revolutionary fervor of the 1960s and 70s was mainly associated with Western nations (the main exception to this was Iran).  The current Middle Eastern instability is occurring in the Cancer micro-age (2000 – 2015).  Cancer is the main sign associated with Islam, and also has long antecedents in the Middle East (Cancer is always associated with the middle of anything).

While the Middle Eastern unrest is mainly a drive against authoritarian leaders (Capricorn), all the other revolutionaries around the world are busy blowing up churches, mosques, temples and innocent people to further their extremist agendas.  They are also empowered by the current Scorpio hotspot as terrorists belong to Scorpio.  The recent assassination of Osama bin Laden has multiple Scorpio archetypes attached to it – terrorism, revolutionary leader, assassination, and spy networks.

Tyrants are also strongly associated with Scorpio, and they received a lot of attention from the arrival of the current Scorpio hotspot– and top of the list was Colonel Gaddafi of Libya, but he was not alone in his obnoxiousness.  In real terms the first prize should go to the late Kim Jong-il of North Korea – shelling a South Korean inhabited island, launching provocative missiles, sinking a South Korean naval ship and always threatening to produce nuclear weapons. His son has continued along the same path to date.  It is one of those ironies of the astrological ages and politics that the same sign Scorpio breeds revolutions and tyrants.  They both seem to appear relatively simultaneously and the French Revolution at the very beginning of the Scorpio sub-age (1791-1970) was its first classic example.

The key nuclear issue associated with the current Scorpio hotspot is the Japanese disaster at the Fukushima nuclear plant following the tsunami in March 2011.  This is the greatest nuclear disaster since Chernobyl in 1986 and both events are the only two nuclear accidents to measure Level 7 on the International Nuclear Event Scale.[2]  Until this nuclear accident, the current Scorpio hotspot had seen a sharp revival of interest in building more nuclear reactors around the world to a level not seen for decades (since the previous Scorpio hotspot).  Currently 60 nuclear plants are under construction – with the majority in Asia and many existing plants are being upgraded.  The plants in operation in 2009 provided 15% of the world’s electricity. 155 nuclear reactors are in the planning stage with another 320 proposed.[3]  As one adverse aspect of this new push towards nuclear energy, the German government suffered some serious political humiliation early in 2011, after the Japanese tsunami, due to its strong promotion of nuclear power prior to the Japanese accident. Japan even temporarily put on hold plans to expand its nuclear energy. The world will progressively turn to nuclear power over the coming 150 years bringing its attendant benefits and disadvantages.

On the sexual front the push to decriminalize homosexuality and legalize gay marriage has definitely seen a marked revival around the world over the last five years.  In the Scorpio micro-age and overflow (1955-70-85), the sexual focus was mainly upon the impact of the contraceptive pill. The focus has shifted from heterosexuals to homosexuals in recent years but for most gays, they may have to wait for the Aquarius quasi micro-age decan (2017 – 2022).  Surveys state that  even in socially conservative Australia the general public want this issue resolved but politicians prefer to placate the minority conservative religions.  Of course, the exposition of the sexual depravity and aberrations of many priests, church officials and some youth organisations over the last five years has left an indelible stain on many organisations, especially the Roman Catholic Church.  Such is the extent of the problem that even Australia’s Cardinal Pell has recently advocated for married priests.

We have had some classic and major intrigues associated with spies.  Firstly the poisoning of Alexander Litvinenko, a former officer of the Soviet KGB and later an agent of the British MI6 and Spanish secret services who is alleged to have been murdered at the end of 2006 by radioactive polonium-210[4] – anything radioactive belongs to Scorpio.  His murder about two months before the technical start of the Scorpio quasi-micro-age decan means he was murdered at the very end of the previous Pisces quasi-micro-age decan with Pisces the ruler of poisonings.  He was affected by both Pisces and Scorpio as his death occurred in the Scorpio micro-age decan (2005-10).  Another classic spy scandal was the unearthing of the Russian sleeper spy cell in 2010 with 10 agents arrested.  Some agents had been in the USA since the mid 1990’s.[5]  Even the recent revival of the James Bond franchise suggests a renewed fascination by the general public with spies.  The highly successful Sopranos and related TV series focused upon mafia gangs and criminals ties in tightly with the Scorpio hotspot. In 2013 TV Guide ranked the Sopranos in the Top 10 list of The 60 Greatest Dramas of All Time.[6]

Did the Scorpio hotspot (2007-12) within the Scorpio micro-age decan and overflow (2005-15) demonstrate a heightened manifestation of Scorpio archetypes?  The GFC is probably the most potent example of Scorpio in this time frame but the Fukushima nuclear accident is a close second.  Revolution and general instability mainly in the Middle East has also demonstrated a strong Scorpio focus.  The killing of Osama Bin Laden and all other listed items from 2006 strongly suggest that Scorpio has recently been peaking in world affairs.  Even the massive loss of ice in the Arctic ultimately as a repercussion of pollution is a double Scorpio archetype – Scorpio rules both ice (fixed water) and pollution (the world’s waste).  From 1948 until 2002, the average decline of ice in the Artic was 3% per decade.  Right on target in 2007, the loss of Arctic ice significantly increased – far more than the decrease of ice at the Antarctic.  As a result, for the first time in recorded history, the Northwest Passage opened to ships without the need of icebreakers.[7]

The next Scorpio period of the same magnitude of the recent Scorpio hotspot is the Scorpio micro-age decan and overflow (2059-64-69) – something to warn your grandchildren about.  We are now at the very beginning of the Cancer quasi micro-age decan (2012-2017) and so the emphasis has shifted to Cancer – but we can still expect some significant remnant Scorpio developments until 2015 – especially aligned to the ten months of the Scorpio nano-age decan and overflow in the last part of 2014 and early 2015 (probably indicating the next significant but temporary downturn of the stock market). Under Cancer, the general public becomes even more fickle, and Capricorn leaders around the world are being undermined, one way or another.  Many heads will roll (politically) but the USA is on course for its first female president.  Long term plans (such as reigning in pollution to prevent destructive climate change) are temporarily against the collective desires of the Cancer general public who generally cannot see beyond immediate emotional issues and their wallet.  Don’t worry, the Aquarius quasi-micro-age decan (2017-22) will bring back some forward planning, innovative developments but also some heightened revolutionary fervor (for better or worse).  The period 2017 to 2022 will be the first solid experience of Aquarius for surviving Baby Boomers.

For a more detailed analysis of the above, see:

End notes:

[1] “2010–2011 Middle East and North Africa protests.” Wikipedia, 21 Apr. 2011. Web. 21 Apr. 2011.

[2]  “Analysis: A month on, Japan nuclear crisis still scarring” International Business Times (Australia). 9 April 2011, retrieved 12 April 2011

[3] “Plans For New Reactors Worldwide”, http://www.world-nuclear.org/info/inf17.html, downloaded 22 April 2010

[4] “Alexander Litvinenko.” Wikipedia,  1 Mar. 2013. Web. 1 Mar. 2013.

[5] “Illegals Program” Wikipedia, 20 Feb. 2013. Web. 1 Mar. 2013.

[6] “The Sopranos.” Wikipedia, The Free Encyclopedia. Wikipedia, The Free Encyclopedia, 1 Mar. 2013. Web. 4 Mar. 2013.

[7] “Polar ice packs.” Wikipedia, 2 Mar. 2013. Web. 4 Mar. 2013.

If you wish to follow this ground-breaking research into the astrological ages, many resources are available at:


SCORPIO – the Sign of the Times …. Revisited Part 3 – Taxes & Debt

Taxes and debt are also relevant issues for our current Scorpio hotspot.  The GFC that appeared in full force by 2008 coincided with the arrival of the current Scorpio hotspot.  Scorpio is a “contracting” sign, and as a general rule, periods associated with Scorpio will see the equivalent of the Biblical seven years of emaciated cows.  The GFC achieved this admirably well.  However as the Scorpio tempo increased from 2010 onwards, some additional serious financial calamities have appeared.  By early 2010 a number of Eurozone countries were experiencing debt problems including Greece, Ireland, Portugal, Spain, and Belgium.  Greece had to be bailed out in 2010, and later in the year Ireland found itself in the same situation with Portugal falling in line in early 2011. More countries with a debt crisis can be expected.

However the fringe European countries suffering debt crises pale to insignificance at the prospect of the USA going virtually bankrupt.  This situation developed primarily due to the mainly conservative US government in the first decade in the 21st century lowering taxes at the same time as engaging in new and expensive wars and increasing government expenditure.  It is one of the ongoing political ironies that the conservatives (Republicans) in the USA shout the loudest to reduce government expenditure and reduce taxes but whom when in office increase government debt the most.  The American voting public seems unable to understand this nebulous aspect of their political culture. This is unlikely to change much as the prime sign for the USA is Pisces, and clarity is nearly always absent when Pisces is strong.

Laurence Kotlikoff in February 2011 states that the current state of finances in the USA is worse than Greece when it had to be bailed out in 2010 by the European Union.  One of the reasons the USA is in such a parlous situation is that it has adopted ENRON styled accounting and for several decades has kept future social security liabilities “off the books”.  To correct this situation, the US government needs to raise all federal taxes by two-thirds the current levels.[i]  Not only are the rich in the USA currently paying reduced taxes, the tax take from corporations in the USA has plummeted in recent decades.  By 2002 and 2003 it was reported that US companies were paying their lowest proportion of taxes since the Second World War.  In the 1950s, corporations paid over 25% of all taxers collected in the US, which dropped to 20% in the 1960s. By the second half of the 1990s it dropped further to 11% and by 2002/3 corporate taxes provided a mere 6% of the US tax base. Apart from corporate tax reductions provided by the US government, major US corporations take undue advantage of various tax reduction schemes to minimise their taxes.  This includes paying massive bonuses to their leaders and employees, much of which they claim as a tax deduction – but not shown as expenses in their financial accounts to their shareholders.[ii] 

The prime zodiacal sign associated with both the USA and corporations is Pisces, which may explain why the USA deifies corporations and capitalism – and thus honouring them with paying far lower taxes as the years roll by.  The Roman senators in the Roman Republic were equally short-sighted in their approach to tax.  In the 2nd century BC they outlawed taxes.  This is understandable as the Roman senators represented the same rich constituency as the American Republican Party, and people that have financially benefitted from society due to their enterprise or ingenuity, seem to dislike paying taxes to the same society they benefit from.  This folly by the Roman Senators resulted in an ongoing lack of funds for government expenditure, especially for their armies.  As a consequence, the Roman generals had to find other financial means to pay their soldiers, either from the booty of war or other means.  This slowly tied the loyalty of the soldiers to their generals rather than the Roman state.  It was only a little more than a century after this taxation change by the Roman senators that generals with their armies usurped the Roman Republic and moved to the dictatorial end of the political spectrum. 

What will be the short, medium and long-term trend in the USA if corporate taxes are kept significantly below their real taxation responsibilities and the rich continue to pay minimal income taxes?  It will not take long to discover.  The next Cancer micro-age overflow (2015 – 2029) will bring out all of the dirty washing in the USA.  Previous Cancer micro-age overflows experienced in America does not paint a pleasant picture.

The worse countries in the world for debt are basically the western nations of Europe, North America, Australia plus Japan.[iii]  The richest countries in the world are accumulating the greatest debt indicating a significant fault line. From a rational point of view, the poorest countries should have the greatest debt in an attempt to try and catch up with the developed nations.  Ultimately debt means bringing forward expenditure than normally would have to wait.  Bringing forward expenditure also means bringing forward the associated pollution.  The mainly western-developed nations are behaving like the old medieval aristocracy, demanding a far higher material quality of life and lording over their serfs (Third World countries) – but throwing them some crumbs from time to time.  We live in the delusion of a progressively democratising world, but in reality, democratic countries do not behave as equals on the world stage.

As an example of the relationship of (Scorpio) debt to economic well-being, there were only two years in recent history when the US household debt was the same as the GDP – in 1929 and 2007.  The first coincided with the Great Depression, and the second with the GFC.  In response, Columbia professor David Beim stated that the economic problem may be blamed on the banks and financial institutions, but the real culprit is the general public.  People are living beyond their means and are borrowing far too much money to support their dreams.[iv]

However it is the banks and financial institutions that are getting the bulk of the bad press.  From the astrological perspective this is understandable as banks are ruled by Taurus, and Taurus is opposite Scorpio.  In a Scorpio period Taurus banks will be in 7th house mode.  They will either be in attack mode or under attack.  With some significant bank failures and problems around the world and the perception banks resorted to exotic financial instruments that caused the banking collapse associated with the GFC, the status of banks have plummeted in the last few years.  This is entirely in accord with the current Scorpio hotspot. 

As of May 2011 many smaller banks continue to fail each month in the USA.[v]  It is instructive that the cause of bank failures for the most part relate to the massive drop in real estate prices associated with questionable loans linked to questionable collateralized debt financial instruments.  Everything to do with real estate is associated with Cancer, and it must be remembered that the current Scorpio hotspot is the Scorpio micro-age decan and overflow (2005–15) within the Cancer micro-age (2000-15).  Scorpio debt is the problem sitting within the context of the Cancer real estate market shake-down.

The result of over-borrowing is default and bankruptcy for individuals, businesses, banks and countries.  The fact that a number of European nations plus the USA are currently experiencing the downside problem associated with debt is due to the previous over-reliance upon excessive debt.  Debt is one of the scourges of the modern world, and may be one of the Four Horseman of the Modern Apocalypse.  If the world was run by a world government that acted rationally, permanent steps would be put in place to counter debt in the same way steps have been put in place in many nations to limit other scourges such as cigarette smoking and AIDS. This is not the case so whatever patchwork approach is taken by governments to offset mounting debt is unlikely to prove effective in the short term at least.  There remains four more years until 2015 when excessive debt will cause further problems.

A number of conservative governments and other governments that have fallen foul of their debt have significantly changed the ratio of their taxation to spending levels.  For conservative governments they mainly try and keep taxes low and reduce services.  For other debt-ridden countries, they not only reduce services but must increase taxes.  Taxes will be in the march in a Scorpio period.  This is the source of social unrest in some countries like Greece and Spain where the populace are venting their displeasure at their falling collective wealth.  Taurean wealth will always be in detriment in a Scorpio period.

The banking and GFC are further convincing evidence that the world is currently under the influence of Scorpio – the sign of our times.  Taxes will continue to be an issue and the rich plus banks will be aggressive in trying to defend their turf. This is a time of seven-emaciated-cows so temporarily at least, the world must tighten its belt, reduce its consumption, pay more taxes and therefore exist with less money and wealth – all the hallmarks of Scorpio.

[i] Laurence Kotlikoff, “America is bankrupt”, Feb 11th 2011, http://www.economist.com/economics/by-invitation/guest-contributions/america_bankrupt, downloaded 22 April 2010

[ii] Robert McIntyre and T.D. Coo Nguyen, “The Gap Between Statutory and Real Corporate Tax Rates”, First published by the Multinational Monitor, Vol 25, No. 11, http://reclaimdemocracy.org/corporate_welfare/real_tax_rates_plummet.php, downloaded 22 April 2011

[iii]World debt comparison – The global debt clock”, http://www.economist.com/content/global_debt_clock?page=6 , downloaded 23 april 2011

[v] “Bank Failures in Brief”, FDIC (Federal Deposit Insurance Corporation) http://www.fdic.gov/bank/historical/bank/index.html downloaded 28 May 2011