The Aquarian Age internet will tell you that the 2007-08 financial crisis was the most severe worldwide economic collapse since the 1929 Wall Street crash that began the Great Depression.
It was years in the making and originated in America (again) as a result of cheap credit and lax lending standards that fueled a housing price bubble (Jupiter-Neptune).
It triggered the collapse of the US housing market (house 4), caused major banks to fail (house 2), threatened to destroy the international financial system (Jupiter) and precipitated the great recession of 2007-09 (Saturn).
In America wealth inequality worsened significantly as the poverty rate (Saturn) increased from 12.5% in 2007 to more than 15% in 2010; and US stock prices fell by 57% between 2007 and 2009.
The GFC impacted countries differently. Spain, Greece, Ireland, Italy and Portugal experienced a sovereign debt crisis. Iceland and Latvia were particularly hard hit by recession while and China, India and Indonesia experienced little economic slowdown.
In America the Federal Reserve and the Bush administration worked hard to avoid a complete collapse spending hundreds of billions of dollars to add liquidity to the financial markets. And in February 2008 the Obama administration pushed a $787 billion plan to create jobs.
America’s chart progressed to July 1, 2008
Chart data is July 4, 1776 at 12.14am LMT: 74W08; 39N57 (Philadelphia)
Progressed Sun at 10S23 in house 10 (business) – the ruler of house 2 (finances and banks) and cusp ruler of house 4 (housing) – was parallel progressed Saturn – planet of recession and poverty – at 10S10 > peak power date was February 2, 2009 > end date was December 11, 2011.
Progressed Sun at 3 Pisces 03 in house 10 (business) was sesquisquare progressed Mars at 18 Libra 41R in house 5 (Wall Street and speculation) > peak power date was February 13, 2009 > end date was February 1, 2010; and trine progressed Saturn at 3 Scorpio 18R in house 6 (work) > activating their birth chart square aspect. Peak power date was September 30, 2008.
And progressed Jupiter at 15 Cancer 41R – planet of finances in house 2 (banks) – was square birth chart Saturn at 14 Libra 47 in house 5 (Wall Street and risk).
(On January 5, 2009 progressed Midheaven in house 5 moved to form a square aspect with birth chart Jupiter in house 2 > peak power date was January 4, 2010 > end date was January 3, 2011; and on March 3, 2009 progressed Venus in house 11 – the chief ruler of house 2 (finances) – moved to form an opposition aspect with progressed Mars in house 5 > peak power date was January 12, 2010 > end date was November 22, 2010.)
The 2007-2009 financial crisis-great recession was a major global event which puts the focus on the Aquarian Age chart.
Britain’s Aquarian Age chart progressed to July 1, 2008
Chart data is January 19, 1881 at 8.56.42pm GMT: 00W06; 51N36 (London)
Progressed Jupiter at 10 Taurus 45 was conjunction birth chart Neptune at 11 Taurus 31R > start date was June 25, 2007 > peak power date was November 22, 2011.
On September 8, 2008 progressed Venus at 12N33 moved to form a parallel aspect with progressed Saturn at 11N33 > peak power date was September 2015.
(On October 16, 2009 progressed Mars conjunction progressed Jupiter started > peak power date was February 15, 2011 > end date was June 2012.)
Throughout 2007-2009 major events and developments directly related to the global financial crisis were timed by in-sky aspects involving Jupiter and Saturn.
2007
As 2007 got underway one subprime lender after another in America filed for bankruptcy (Saturn). More than 25 subprime lenders (house 8) went under during February and March alone. New Century Financial, which specialized in sub-prime lending, filed for bankruptcy and laid off half of its workforce in April.
In June 2007 two Bear Stearns hedge funds collapsed; BNP Paribas was warning investors that they might not be able to withdraw money from three of its funds; and the British bank Northern Rock was poised to seek emergency funding from the Bank of England.
In August 2007 losses from subprime loan investments caused a panic that froze the global lending system.
From August 1, 2005 t0 October 9, 2007 Saturn was opposition Neptune in the sky > peak power dates were August 31, 2006; and February 28 and June 25, 2007.
From November 28, 2006 to November 26, 2007 Jupiter was square Uranus > peak power dates were January 22, May 11 and October 9, 2007.
And from September 7, 2007 to February 29, 2008 Jupiter was conjunction Pluto > peak power date was December 11, 2007.
2008
On March 16, 2008 JP Morgan Chase agreed to rescue the investment bank Bear Stears, with the US government providing a $30 billion guarantee against its losses.
On September 7, 2008 the US government took Fannie Mae and Freddie Mac – two entities that guaranteed mortgages – into temporary public ownership; on September 15, US bank Lehman Brothers filed for bankruptcy; and on September 16, AIG, a major US insurance company, received a $85 billion bailout loan from the US Federal Reserve
(In America’s chart progressed Sun trine progressed Saturn was at peak power September 30, 2008. Saturn, the planet of bankruptcies, is the cusp ruler of house 8 [loans].)
From July 29, 2008 to November 6, 2010 Saturn was opposition Uranus in the sky > peak power dates were November 4, 2008; February 5 and September 15, 2009; and April 26 and July 26, 2010.
2009
The financial crisis of the Great Recession worsened in 2009. In March, the US stock market (house 5) plummeted even more, panicking investors who thought the worst was over. Foreclosures rose, despite government programs that just didn’t do enough. In April Chrysler filed for bankruptcy and in June General Motors declared bankruptcy and was forced to accept partial government ownership through a bailout program. In October, the unemployment rate in America rose to 10% for the first time since 1982.
From February 14, 2009 to March 10, 2010 Jupiter was conjunction Neptune in the sky > peak power dates were May 27, July 10 and December 21, 2009.
And from August 15, 2009 to November 25, 2010 Saturn was square Pluto > peak power dates were November 15, 2009 and January 31, 2010.
And the GFC went on long after 2009.
In May 2010 Greece was bailed out; in November 2010 Ireland was bailed out by the EU and the International Monetary Fund; in May 2011 Portugal was bailed out by the EU and IMF; in July 2011 Greece was bailed out for the second time; in June 2012 Spain accepted a bailout package from the EU; and in July 2012 Mario Draghi, the president of the European Central Bank, stated it will do ‘whatever it takes’ to save the euro.
From March 5, 2010 to April 6, 2011 Jupiter was conjunction Uranus in the sky > peak power dates were June 18 and September 19, 2010; and January 4, 2011.
From March 26, 2010 to October 29, 2010 Jupiter was opposition Saturn > peak power dates were May 23 and August 16, 2010.
From May 8, 2010 to April 11, 2011 Jupiter was square Pluto > peak power dates were July 25 and August 3, 2010; and February 25, 2011.
And from February 2, 2011 to May 19, 2011 Jupiter was opposition Saturn > peak power date was March 28, 2011.
(On May 24, 2007 Uranus in the sky had moved into orb of a square aspect with Pluto > peak power dates were June 24 and September 19, 2012; May 20, 2013; April 21, 2014; December 15, 2014 and February 17, 2015.)
From 2007 to 2011 progressed Jupiter conjunction birth chart Neptune in the Aquarian Age chart scripted the global financial crisis and on February 2, 2025 progressed Jupiter moves to form a conjunction aspect with progressed Neptune > peak power date is September 12, 2030.
The aspect is back but the environmental setting in 2025 is quite different to that in 2007: a cost-of-living crisis, high inflation, record debt levels and Donald Trump’s threatened trade war with China, Canada and Mexico. That said, Jupiter conjunction Neptune 0.2 forecasts financial turbulence, higher prices, currency turmoil, investor uncertainty and maybe a financial crisis. All it needs is a trigger event to set it off.
Astrology for Aquarius – sharing our knowledge
