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Why economic outlook for UK is bleak

The economic headlines of the past 48 hours have been thoroughly miserable, if not apocalyptic. “Treasury forecaster delivers worst economic growth forecasts in its history”. “UK facing longest fall in living standards for over 60 years”. So what’s going on? Has the UK’s economic outlook really suddenly become very much worse – or has this reckoning been coming for some time? Below we explain what’s going on with the British economy behind the headlines. The key is something called productivity….The fundamental reason for those awful economic projections in the Budget is a severe downgrade in the Office for Budget Responsibility’s view of the UK’s potential productivity growth over the next five years. Productivity is the amount of output the UK workforce as a whole can produce per hour of work. It’s essentially a measure of the efficiency with which the British people are working. Nov. 24

The UK appears to have officially lost its coveted spot on the list of the world’s five largest economies. During Wednesday’s Budget, Philip Hammond, in a series of statements aimed at highlighting the strength and health of the British economy, admitted that the country has slipped to sixth spot, trailing France.

The lunation cycle is a great indicator of the nature of events that we face during a lunar month. The current New Moon [26sc19] fell on the MC [25sc23] at London – an extremely significant position. It also made a hard aspect to the TNPs Kronos-Hades in the 6th house. Martha Wescott [1] interprets the combination as under:

Kronos-Hades: to recognize humiliation through a loss of position.

Next we look at the UK chart [1 Jan. 1801; 0:00 LMT London]. This chart has the radix TNP Hades [27sc26] in the mundane second house [2] which rules a country’s economy and productivity in general.  The current New Moon of November 18th has fallen exactly on the radix Hades. The keywords for Hades are “decline” or “deterioration” [3].

[1] The Orders of Light; Martha Wescott-Lang; p.106