Pluto in Capricorn
through the ages - Financial Crisis
Pluto is a planet that moves slowly through the sky and
takes 244 years to orbit the sun spending many years in each sign. Pluto
entered Capricorn on 26th January, 2008
and will remain there until January 21, 2024, engaging in a process of breaking
down and then rebuilding the structures on which we depend for a successful
experience in the material world.
Pluto is attempting to re organize political structures in
terms of a new idea of civilizations, a global civilization within which
nations and individuals may participate in freedom according to the new goals
which humanity as set itself to accomplish.
Capricorn is the sign of the builder, the achiever.
Capricorn is rooted in the material world and understands that life on earth
requires a practical approach to the matters of earning a living. There is also
a drive for success. For Capricorn, the
ends justify the means and achievement of one’s goals is the important thing
and it is able to maintain a powerful focus.
When Pluto is in Capricorn we can expect the transformation of all things ruled by that sign – such as
"our religious institutions, halls of government and political structures, the way we inter our dead and take care of our old people, construction techniques and buildings, and how we handle ownership of property."
Pluto in Capricorn in
2008 - 2024
Global Financial
Crisis 2007 - 2008
The financial crisis of 2007-08, also known as the Global Financial Crisis, was a severe worldwide economic crisis. The crisis began in 2007 with a depreciation
in the subprime mortgage market in the United States, and it developed into an
international banking crisis with the collapse of the investment bank Lehman
Brothers on September 15, 2008.
Excessive risk-taking by banks such as Lehman Brothers
helped to magnify the financial impact globally. Massive bail-outs of financial institutions
and other palliative monetary and fiscal policies were employed to prevent a
possible collapse of the world financial system. The crisis was nonetheless
followed by a global economic downturn, the Great Recession. The Asian markets
were immediately impacted and volatilized after the U.S. sub-prime crisis.
The European debt
crisis 2009 -
The European debt crisis has been taking place in the
European Union since the end of 2009. Several eurozone member states (Greece,
Portugal, Ireland, Spain and Cyprus) were unable to repay or refinance their
government debt or to bail out over-indebted banks under their national
supervision without the assistance of third parties like other eurozone
countries, the European Central Bank (ECB), or the International Monetary Fund
(IMF).
Brexit 2016 - 2020
Brexit is the withdrawal of the United Kingdom (UK) from the
European Union (EU). Following a UK-wide referendum in June 2016, the Brexit
process began in March 2017.
Covid-19 Pandemic -
2020 -
We are yet to see the final result of the pandemic on the Global economy but already there are
millions out of work, the supply of goods and services threatened and a massive
loss on the stock market. The world
economies have slowed as people are forced to stay home. The impact of the Virus will have a massive
financial upheaval.