Global Banking Insolvency Crisis Imminent

On June 21st, Moody’s finally delivered on its forewarned downgrade on 15 global banks after the close of the stock market. All but four banks were cut at least two notches, and these are some of the biggest banks in the world.  Those hit included Goldman Sachs, Morgan Stanley, Royal Bank of Scotland, BNP Paribas,  UBS, and Deutsche Bank  – financial powerhouses domestically and internationally that are household names in the United Staes, Canada, the United Kingdom, France, Switzerland.  Japan’s Numara and Australia’s Macquarie were also downgraded earlier by Moody’s.

Above, the event horoscope of Moody’s downgrade of 15 global banks and firms  as per June 21st, 2012 at 5:36 pm EDT, in New York, according to CNN. The Moody downgrade horoscope shows convincingly with compelling symbolism a bank solvency crisis.

In the horoscope both the Sun and the Moon resided in the 8th House of debt, insolvency, and crisis. The solstice Sun is aligned along the World Point. The World Points are 0 degrees of the Cardinal signs (Aries, Cancer, Libra, and Capricorn) and 15 degrees of fixed signs (Taurus, Leo, Scorpio, and Aquarius). Planets located at these degrees express their archetypal power on the global stage with direct and unequivocal force, like a super volcano ready erupt.

The Sun applies to a T-Square configuration with the Uranus-Pluto square alignment, a volatile planetary combination that augurs breakdown, interruption, and collapse. The Uranus-Pluto squares took place just 3 day later on June 24th.  There are seven (7) exact squares between Uranus and Pluto within a three-year period from 2012 to 2015.

Historically, the square between Uranus-Pluto alignment intensify the collective impulse for radical and sweeping change that often causes great disruptions in civilization resulting in economic breakdown and bank failures, substantial  disruption in trade and commerce, unstable exchange markets, currency wars, massive intervention by central banks, and political and social instability from from large scale protest that result in violent civil insurrections against the perceived authority figures deemed responsible for the crisis.

Also in the event horoscope, Mercury rules the 8th House.  Mercury is the universal ruler of rating agencies that determine the credit rate for stocks and bonds. Mercury’s position in the 8th House is symbolic of the rating agency: Moody’s. The Moon, also in the 8th House, separates from from Mercury, indicative of Moody’s downgrade rating call.  However, the Moon is dignified in her sign –  Cancer, but void-of-course suggesting the lack of concern Moody’s downgrade call by  investors and the little coverage it received by the mainstream media in the days that followed.

Although one could go further into the portent’s of this event horoscope, the symbolism is clear that the global banks financial condition is relatively weak and their ability to meet their financial obligations will likely be affected by any further adverse economic, financial or business conditions.

Below is an overview of the list of the 15 Global banks and firms downgraded.

1) Bank of America, N.A. (BAC)

Long-term deposit rating to A3 from A2, outlook stable; Short-term to P-2 from P-1

2 ) Barclays Bank plc (BARC.L)

Long-term issuer rating to A2 from Aa3, outlook negative; Short-term P-1 affirmed

3 ) BNP Paribas (BNP.PA)

Long-term debt and deposit rating to A2 from Aa3; outlook stable; Short-term P-1 affirmed.

4 ) Citibank, N.A.  (C)

Long-term deposit rating to A3 from A1, outlook stable; Short-term to P-2 from P-1

5 ) Credit Agricole S.A. (ACA.PA)

Long-term debt and deposit rating to A2 from Aa3, outlook negative; Short-term P-1 affirmed

6 ) Credit Suisse AG (CS )

Long-term deposit and senior debt rating to A1 from Aa1, outlook stable; Short-term P-1 affirmed

7 ) Deutsche Bank AG (DB)

Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed

8 ) Goldman Sachs Bank USA (GS)

Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed

9 ) HSBC Bank plc (HBC)

Long-term deposit rating to Aa3 from Aa2, outlook negative; Short-term P-1 affirmed

10 ) JPMorgan Chase Bank, N.A. (JPM)

Long-term deposit rating to Aa3 from Aa1, outlook stable; Short-term P-1 affirmed

11 ) Morgan Stanley Bank, N.A. (MS)

Long-term deposit rating to A3 from A1, outlook stable; Short-term to P-2 from P-1

12 ) Royal Bank of Canada (RY)

Long-term deposit rating to Aa3 from Aa1, outlook stable; Short-term P-1 affirmed

13 ) Royal Bank of Scotland plc ( RBS )

Long-term deposit rating to A3 from A2; outlook negative; Short-term to P-2 from P-1

14 ) Societe Generale ( GLE.PA )

Long-term debt and deposit to A2 from A1; outlook stable; Short-term P-1 affirmed

15 ) UBS AG (UBS)

Long-term debt and deposit to A2 from Aa3, outlook stable; Short-term P-1 confirmed.
Moody’s ratings downgrade move will make it more expensive for the banks to attract new funds. It’s also feared that the downgrades has essentially set the  trigger for a possible market panic resulting to a new exodus to precious metal and gold.

Moody’s credit downgrade occurred 12 days before the Libor (London Inter-Bank Offered Rate) interest rate rigging scandal was exposed on July 3rd by the Gardian in a article titled “Private Banks Have Failed – We Need a Public Solution”). Both  events occurred within days of the first Uranus-Pluto square alignment and and during the when the Federal Reserve is concerned about a sinking U.S. economy, fiscal cliffs and a crushing EU debt crisis.

Investment banker and Wall Street insider James Rickards says the Libor rate rigging scandal “is the greatest fraud and greatest potential liability in history.”  He thinks the rate rigging banks could be liable for  “$2.5 trillion,” with “The potential damages could destroy the banking system.”

Therefore as we approach the second Uranus-Pluto Square alignment in late September we can anticipate a further increase in high-impact, difficult-to-predict “black-swan” type of  events that will continue to destabilize global markets undermining confidence in the financial system.

In November, there will be a Solar Eclipse in Scorpio. Financial astrologer Bill Meridian, in his book Planetary Economic Forecasting, has pointed out that historically solar eclipses in the sign of Taurus and Scorpio have correlated with financial volatility, stress and downward pressure on markets, and panics.

The Sun/Moon midpoint of the eclipse is applying by semi-square to Pluto and  separating from Uranus by sesquiquadrate, an explosive combination that correlates with severe and radical shifts in financial positions, extreme market volatility followed by corrections and protracted crisis.

When a eclipses makes adverse aspects to natal planets in the horoscope it often dramatically reduces the statue of a person or entity.  The AIR blackbox comparative analysis of the November Solar Eclipse to the  horoscopes of the global banks,  shows that six of the fifteen listed global banks will be adversely (red) challenged by this mundane event.

Looking ahead, we can evaluate a 200 day forecast against each global bank horoscope.using  a mutli blackbox scheme using a model created by financial astrologer Alphee Lavoie based on a Donald Bradley’s siderograph techique which is essentially a curve based forecasting method based on transiting aspects.

I selected the 200 days starting September 1st 2012. We’re primarily interested in the last row, the one I circled labeled Sum Activity. Red periods forecast lower prices, green higher.  Looking over the next 100 days of the Sum Activity row, red dominates the row and the trend for that period is down.

Conclusion: There hasn’t been a time during any economic recovery  when a major credit ratings company has downgraded this many major banks in so many parts of the world at one fell swoop.  It is clear that the global economy  is extremely fragile and severe shock to the financial system would likely result in a series of “flash” market crashes and although it appears to the public, as non-event, the astrological portents of Moody’s rating call portends that we are on the verge of another global financial crisis, that at its very core is a bank solvency crisis.


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