With
all eyes distracted by the post-Brexit euphoria, the last week has seen a far
more existential crisis accelerating in Europe. Italy's banking system is in
tatters (from a EUR40bn bailout 6 days ago, to EUR150 emergency support 3 days
ago, to a bank bailout and chatter of further support from pension funds
Friday) but, in what seems like a clear admission that things are really bad,
The FT reports that Italian prime minister Matteo Renzi is prepared to defy the
EU and unilaterally pump billions of euros into its troubled banking system if
it comes under severe systemic distress, a last-resort move that would smash
through the bloc’s nascent regime for handling ailing banks. As we noted
previously, Brexit will be just the scapegoat used by Renzi and Italy to
circumvent any specific eurozone prohibitions. And if it fails, all Renzi has
to do is hint at a referendum of his own. Then watch as Merkel scrambles to
allow Italy to do whatever it wants, just to avoid the humiliation of a
potential "Italeave." http://www.zerohedge.com/news/2016-07-03/we-wont-be-lectured-italys-renzi-defy-brussels-over-banking-bailout
Although astrology is really the observation of many
different and overlapping cycles in the tapestry of a human life, in order to
make sense of the complexity, it is necessary to understand which planetary
cycle serves as the “hour hand” of the cosmic clock and which can be regarded
as the “minute” or “second” hand. A practical way to look at this whole issue
is to think of the important slow moving cycles as telling us what should
happen while the faster less important ones help to time the message of the
slower cycles.
One of the more important configurations in the current
period is the Jupiter-Saturn-Neptune T-square. Contained in this T are the last
quarter of the Saturn-Neptune 36.4-year cycle and the last quarter of the
Jupiter-Saturn 20-year cycle. These
squares impel movement and expansion away from societal models and constructs
in our personal lives that have now become limiting and restricting to new
growth. The existing constructs in our lives simply cannot support any further
growth, thus we either modify those constructs so they can allow a greater
level of growth and expansion, or we dismantle those constructs all together.
While these squares have been active for sometime, Mars which
takes about 22 months to travel the wheel turned retrograde on April 17. The Mars cycle rules the quality of our
drives, motivations, and actions which have about a two-year structure of time
through which we can work. Completion of the Mars retrograde on June 29 and the Mars-Saturn conjunction on August 24 act as a stimulus to action- a time
to initiate change in those cycles—in the sociopolitical structures in the
world and in the modalities of our personal lives that are based upon
antiquated ideologies. (Note that Brexit took place on June 24 just when Mars
was stationing to go direct).
Another cycle that has been working in the background is
that of Juno. Juno had stationed retrograde on April 27. The completion of both
Juno (on June 22) and Mars retrogrades should have felt as a welcomed sense of
movement and progression in creative action and in our relationships and
partnerships of all types, those personal and those of business and politics.
Excerpt from Nick
Fiorenza: This new Juno synodic cycle offers a fresh start for relationships of
all types, those personal and intimate, those of a professional nature, and
those between nations of the world, especially those involving covenants,
commitments and agreements. It provides opportunity to claim far greater
freedom and fulfillment in our existing relations, or through the establishment
of new relations, that can free us from entrapping patterns of the past.
With the understanding of the complex tapestry of the cycles
at work, it should not be surprising if Italy and other EU members begin to
want out of the union in the coming period. Notice that the current Cancer
Ingress chart for Rome carries the Jupiter-Saturn-Neptune T-square on the
horizon axis. With Mercury occupying the “reaction point” of the T opposite
Saturn, the message is clear. One is “thinking” (Mercury) of “separation”(Saturn).
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