News of the bank’s collapse scared people including the financial regulators who moved fast to contain the damage. Measures that normally took months to judge and evaluate were assessed and implemented in days.
The US government took emergency steps designed to prevent more instability among banks assuring clients of Silicon Valley Bank that they will be able to recover all of their money quickly.
And the US Treasury Department, Federal Reserve and Federal Deposit Insurance Corporation assured bank customers that the US banking system was sound and announced steps designed to protect bank customers and prevent more bank runs.
America’s chart progressed to March 10, 2023
Chart data is July 4, 1776 at 2.14.35am LMT Philadelphia, Pa (39N57: 75W09)
Sun, Venus and Jupiter are in house 2 (banks and financial institutions). Jupiter there explains the country’s wealth but every now and then, when Sun, Venus and/or Jupiter is involved in a discordant progression, it’s prone to experience financial difficulties and/or a banking-financial crisis.
And on March 10, 2023 progressed Sun at 17 Pisces 46 and 4S50 in house 11 (Congress) was sesquisquare (agitation triggered by a sudden disturbance) progressed Saturn – planet of failure, fear and loss – at 2 Scorpio 51R in house 6 – start date was April 2022 > peak power date is April 10, 2023 – and parallel birth chart Neptune – planet of inflation and uncertainty – at 4N09 in house 5 (the market) – start date was April 2022 > peak power date is November 29, 2024.
Saturn – the planet of safeguard mechanisms that financial regulators introduce to stabilize uncertainty and prevent bad behavior and problems – is cusp ruler of house 8 (debt and investors) and Neptune is the planet of exaggeration, drama, crazy imaginings and market chaos.
But house 2 had been under heavy stress long before it manifested as the collapse of Silicon Valley Bank in March 2023.
In September 2011 progressed Mercury in house 10 (business) had moved to form a sesquisquare aspect with birth chart Jupiter in house 2 (finances). It reached peak power in August 2013 and inclined the administration and financial regulators to make unwise decisions. It ends on April 19, 2023.
And in January 2022 progressed Venus in house 12 (self-undoing and secrets) moved to form a high discord opposition (separation) aspect with progressed Saturn in house 6 (labor). It reached peak power in December 2022 and ends October 29, 2023, but its forecast discord was somewhat scaled down due to the harmony of progressed Saturn trine (luck) birth chart Venus.
A more serious risk to America’s banks and finances is mapped by progressed Jupiter in house 2 square (obstacle-frustration) birth chart Saturn in house 5. It started in November 2006 and played a role in the multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. It reaches peak power in April 2026.
In 2022 Neptune – the planet of inflation that triggered a rapid rise in interest rates – was under severe stress with progressed ascendant square progressed Neptune. It reached peak power in July 2022 and ends in August 2023; and progressed Mercury in house 10 inconjunct birth chart Neptune – start date was July 2022 > peak power date is May 8, 2024 – forecasts inflation, confusion, vague decision making and market uncertainty.
The current high-discord Jupiter cycle is also playing a role in scripting and timing major financial events and developments; and Jupiter in America’s Jupiter cycle is in house 5 (the stock market).
Jupiter’s desire for prosperity and Saturn’s fear of poverty keep the economic wheels turning. Sufficient wealth shields against want, privation and hardship, but all the money in the world won’t buy the answers to life’s important questions or peace of mind. And the mental nirvana promised by fabulous wealth, affluence and permissive acquisition is just a thought mirage created by Neptune’s wishful thinking.
Astrology for Aquarius – sharing our knowledge
