Wednesday, May 23, 2012


Pluto in the 8th house of debt has progressed to square natal Moon, equaling domestic upheaval with a powerful need to heal the country's financial dilemma.  Spanish banks' bad loans have hit their highest level since 1994 at 147.968 billion euros.

Sixteen Spanish banks had their ratings downgraded last week, with a three-notch downgrade for the three major Spanish lenders:  Santander, CaixaBank and BBVA.  With this in mind and the 8th house active (it also rules the banking industry), the sextile of Pluto to 10th house natal Neptune suggests the method of healing to be the sacrifice of banks with high levels of toxic assets on their books. 

Venus, co-ruler of the 8th house has progressed to conjoin Mercury, co-ruler of the 8th house in the 10th house of honor.  An announcement will be forthcoming in connection with the country's debt and with its currency.

The New Moon Solar Eclipse of May 20, 2012, fell into the 4th house, highlighting crisis at home base...within 45* of natal 2nd house (wealth of the nation) Jupiter, planet of default.

Spain is more than likely to follow the playbook of Iceland and do what is necessary to survive.


Anonymous said...

Spain doing an Iceland would be very exciting..few would expect that

Moggy said...

There is the possibility that my findings are in error...yet, that is the way I read it.

mam said...

No error.

Spain found 28 billion in surprise debt.

Moggy said...

LOL, thanks for the input.

Moggy said...

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Anonymous said...

Moggy, any updates on Spain, things are getting hot here -pepe

Moggy said...

Pepe, do what you need to do to protect yourself and your loved ones, I'm sorry to say things will get hotter.