I can't see how anyone who has been nominally conscious so far this year can do anything but declare that, at least to date, my 2008 forecast was the writing on the wall. Actually, I was hoping against hope - as so many of us around the world are hoping - that the global financial crisis might yet be fixed by the powers that be. Alas, they may be 'the smartest guys in the room' - as was said of the geniuses who brought us the Enron debacle - but smart isn't necessarily wise. And that's the problem, clearly. As I've written, this isn't just a fiscal problem. It's a symptom of a turning point in history, and we're just about at the three-quarter point of the 40-year transition phase now.
Surely we'd all love to believe that the central bankers and politicians around the world know what to do and have to the power to do it, when it comes to averting a financial meltdown. The thing is, they're running a Ponzi scheme. They're the desk at the casino, taking our real money and giving us chips in return. That's acceptable, as long as they give you real money back when you cash out your chips. And they've done that for generations, less a vigorish we've come to call inflation. (That's the Ponzi scheme part of the deal.) But the last act comes on the day when we go to cash out our chips at the desk, and find that there's nobody there: management has absconded, all the money's gone, and all we've got are the chips.
The good news is that the smartest guys in the room still have a few more tricks up their sleeves, which means we're still in the chips - even though they're starting to look more than a little suspect. (For more on how long we're still in the chips, see my 2008 World Forecast Highlights.) The bad news, on the other hand, is that February shows how the smartest guys in the room are only masters of a game that increasingly clashes with reality.
As I've already written, February and August are the months to watch this year. The solar eclipse at 17° 44' Aquarius on February 7 is conjunct Neptune, as is the lunar eclipse on August 16. This in effect extends the 2006-2007 Saturn-Neptune opposition theme: a loss of confidence, the money's gone, misplaced faith, theft and deception (including self-deception), the Emperor has no clothes. This operates at a lot of levels, to be sure. But given what has already gone before, and the fact that we're having a Saturn-Uranus opposition this year as well, I have to think the currency crisis now underway gets a whole lot bigger in 2008. And the Saturn-Uranus opposition speaks of international conferences addressing what has become a global financial crisis...>
http://www.astropro.com/forecast/predict/2008-02.html