Last
November the mainstream media wrote headlines of impending doom in the Italian
banking industry – it made good reading and they weren’t wrong. But now it’s
actually arrived there’s something of a media ‘blackout’. The European Central
Bank quietly released the information which, has largely gone unreported. The
ECB’s press release was entitled “ECB deemed Veneto Banca and Banca Popolare di
Vicenza failing or likely to fail” when really it should have read “ECB deemed
Veneto Banca and Banca Popolare di Vicenza bankrupt as they are in law unable
to pay their debts.” The decision by the ECB came about as a result of lack of
capital. The Single Resolution Board (SRB) concluded that conditions for a
resolution action were not fulfilled and that the two banks are to be wound up
under Italian insolvency procedures.
June 26 http://truepublica.org.uk/united-kingdom/italian-banking-dominos-just-started-falling/
In mundane astrology, the active transits among the ten
cycles that occur between the outermost five major bodies of the solar system —
Jupiter, Saturn, Uranus, Neptune, and Pluto – are considered important when the
bodies that make up these cycles arrive at significant angular relationships.
The table below gives the dates on which Jupiter-Pluto form an exact square in
2016-17.
Jup (12) Sqr Plu
(3) 25
Nov 2016 15°Li46' D 15°Cp46' D
Jup (1) Sqr Plu
(3) 30
Mar 2017 19°Li17' R 19°Cp17' D
Jup (12) Sqr Plu
(3) 4
Aug 2017 17°Li31' D 17°Cp31' R
During the period identified, there are times when a third faster
moving planet triggers the square. Right now, between June 25 and July 2,
Mercury and Mars are forming a T with Jupiter-Pluto setting of its meaning. The
three references below explain how Jupiter (overextension) interacting with
Pluto (finance) can lead to bankruptcy.
Shown here are two charts drawn for Montebelluna Italy,
where Veneto Banca has its headquarters. The first chart is for the exact
Mars-Jupiter square and the second for Mars opposite Pluto. Notice that both
these charts bring the T-square to an alignment with the meridian implying that
this is one place where their effect is likely to felt strongly.
Comments
Post a Comment