Show #20: Mercury Retrograde and the Economy
Sunday, October 12th, 2008Precipitate: to hasten the occurrence of; bring about prematurely, hastily, or suddenly: to precipitate an international crisis.
In this podcast, we discuss the role of Astrology in the current economic crisis.
Some non-astrological background information about the economic issues the world is facing can be found on these NPR podcasts:
NPR has been running some VERY good explanatory podcasts on “Fresh Air” about the financial crisis for the past couple of weeks.
Fresh Air, Sept 23 - Wall Street Bailout, A conflict of interest?
Fresh Air, Oct 1 - A Long View of the Wall Street “Dream”
And a post on a LiveJournal blog, which explains something about international investment banking and why credit is drying up now.
Some data that we didn’t have when we recorded the podcast, but that we looked up later on:
The “Crash of 1929″, according to Wikipedia occurred on 3 dates: 10/24 and then 10/28-10/29 of 1929. Mercury was in Libra during this period. It went retrograde at 23Libra on 9/28, and went direct at 08Libra on 10/17. Mercury was in the “shadow” until 11/2. Venus was also in Libra during this time, and Mars was in Scorpio.
The “Crash of 1987″ was the next big one. This happened on 10/19/1987. Mercury went retrograde at 13Scorpio on 10/16 and went direct at 27Libra on 11/6.
There was another huge drop in the market on 9/17/2001 (as a reaction to 9/11). Mercury went retrograde in Libra on 10/1/2001.
