Greece Economics

The site has the wrong chart and the wrong president for Greece. The operative chart is the 3rd Hellenistic Republic.

As you can see in the Great Conjunction 2020 Chart, Greece's problems start catching up to them. Looking at the Great Air Mutation in 2020, Greece's problems continue on into the next two decades.

You can see the Stars assembled in the 7th and 8th Places, with Aries Moon (which makes the people servile) in aversion to Fortuna, plus Mercury/Sun square Fortuna. Jupiter ruling the 2nd Place is in aversion to the 2nd Place and disposited by a Combust Venus in aversion to Jupiter and opposing the 2nd Place.

In the Great Mutation, 2nd Place ruler Mercury is combust and Jupiter is still sitting in the 7th Place in aversion to the 2nd Place. Note the Moon on the cusp of the 9th Place. Don't be surprised to read news reports of Greeks fleeing Greece in about 10 years.

Natally, the 5th Place has come to the Ascendant by profection. No surprise there. The 5th Place (ruled by Mars) is ambassadors and legates, as Greece tries to find a diplomatic solution to its problems.

On the Aries Ingress Chart, you see Mars (activated by profection) in the Aries 5th Place about to undergo combustion from the Sun. Moon is already combust and sitting next to the Tail (never a good thing).

Note that retrograde Jupiter never perfects the trine with the Fortuna (Jupiter goes on-station at 12°Leo). Too bad, it might have helped a little.

The Sun/Jupiter trine did help back in April, as that granted a delay in payment, but that didn't solve the problem.

The US has a similar problem with a Combust Mercury ruling the 2nd Place in the 2020 Great Air Mutation (with Tail and Ascendant Ruler Venus in the 8th Place), and then the 2040 and 2060 Great Conjunction Charts have the Tail in the 1st Place.

The 3rd chart listed is the 2015 Aries Ingress for Greece.

If we profect the chart by month, we see that in July, the profected Moon will be conjunct "natal" Fortuna in the 1st Place.

Note that Moon rules the 8th Place in the Aries Ingress chart, and that retrograde Leo Jupiter rules the Fortuna.

We should see something change here, since Moon represents change or instability.

The odd thing is that in the 2000 Great Conjunction Chart (#2) we see again Scorpio on the Ascendant and Cancer on the cusp of the 8th Place, but also note that profected Moon will sextile Sun at 7° Gemini in the Great Conjunction Chart, and Sun rules the 10th Place in the Great Conjunction Chart.

So the Places in play are the 5th Place indicating prosperity as well as diplomatic actions, plus the 8th, 9th and 10th Places.

The profected Ascendant of the Aries Ingress Chart will be Aries activating Mars who rules the 1st and 6th Places.

Without devoting a lot of time to study of the chart, I can't say with any certainty that Greece will exit the Eurozone and return to Drachmas, but it looks that way.

This year the Aries Ingres Chart corresponded to a total solar eclipse. I think this doesn’t be very common.
The eclipse was visible from Europe countries (Greece also I suppose).

JUPITERASC said:

The Aries Ingress chart relocated to Greece has a common or mutable sign rising - Sagittarius
I have read that therefore the chart is valid for only six months
and so October 2015 Libra Ingress chart shall supersede Aries Ingress chart for Greece?

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Yes, that's how it works.

urano said:

This year the Aries Ingres Chart corresponded to a total solar eclipse. I think this doesn’t be very common.
The eclipse was visible from Europe countries (Greece also I suppose).

Click to expand...

The total solar eclipse was a 29° Pisces 27'. I don't profess to be knowledgeable about eclipses, but I suppose you could say it was conjunct Sun on the Ingress, and then the MC in the 3rd Republic is at 24° Pisces. I think the orb is a little off to call that conjunct.

I thought specially about Sun in the Aries Ingres Chart.
I believe that the eclipse phenomenon was seen as a disturbing influence but I have no particular reference (text) to give.

cspencer said:

Yes, that's how it works.
The total solar eclipse was a 29° Pisces 27'.
I don't profess to be knowledgeable about eclipses, but I suppose you could say it was conjunct Sun on the Ingress,
and then the MC in the 3rd Republic is at 24° Pisces. I think the orb is a little off to call that conjunct.

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Eclipses notoriously bring unexpected and sudden change
and that's not necessarily either 'good' or 'bad'
just that changes are often unsettling

due to eclipse location being the third decanate of Pisces
the eclipse ruler is not only Jupiter
but also Mars

and a date to keep in mind is:
on or about 23 June 2015
when transiting Mars at 29 Gemini squares the eclipse degree

countries traditionally ruled by Pisces are also likely to be affected by this particular solar eclipse
these include Portugal, Normandy, northern Egypt, Alexandria, Rheims in France, Calabria in Sicily, Worms
and Ratisbon in Germany and Compostella in Spain http://www.skyscript.co.uk/pisces.html
ECLIPSE TABLES http://eclipse.gsfc.nasa.gov/SEpath/SEpath2001/SE2015Mar20Tpath.html

Article and timeline for Greece's "Grexit" as The Telegraph calls it.

I'll have to start researching to see what the financial pundits say about how this will affect the US.

MaybeNow said:

I'll have to start researching to see what the financial pundits say about how this will affect the US.

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It's a non-event with zero effect on the US or on the ECB or on the EU.

Greece is to the ECB as California is to the US.

Greece cannot print Euros, and California cannot print US Dollars.

Greece has both a spending problem and a revenue problem. What Greece has been doing to "solve" the problem is continually borrowing money from EU banks and anyone else dumb enough to lend money to Greece.

Greece cannot pay back the loans in a timely manner. No one will lend Greece money, so Greece has little to no choice and must implement austerity measures cutting government spending to match revenues.

Greece refuses to cut government spending.

Austerity is not just cutting government spending across the board, rather austerity is targeting wasteful government spending and eliminating it.

Greece refuses to identify wasteful government spending and cut it.

Greece has run out of money.

Greece's choice is to either cut spending, which they've refused to do, or exit the Euro and return to the Drachma.

Returning to the Drachma only worsens the situation in Greece. No one is going to lend money to Greece, and Greece will still have a spending problem and a revenue problem, that will be 100 times worse.

I predict the Greek Drachma exchange rate will be 1 Euro = ~250 Drachmas and $1 USD = ~250 Drachmas.

That will hurt Greece even worse.

To understand the origin of Greek financial woes, you have to go back to the 1948 coup authorized by US President Truman, and then the 1967 coup instigated by the Johnson Administration leading to the dictatorship of "the Colonels" which lasted until 1974.

In charts you want to look for a corrupted Jupiter or Venus, which leads to excess and that will indicate inflation, or look at Jupiter/Venus impeding the 2nd Place ruler leading to inflation and other financial problems.

Greek Debt Committee Just Declared All Debt To The Troika “Illegal, Illegitimate, And Odious”
By The Event Chronicle 17 June 2015
Breaking, Finance


'…..Two months ago Zoi Konstantopoulou, speaker Greek parliament and SYRIZA member
said she established “Truth Committee on Public Debt”
to “investigate how much of the debt is 'illegal' with a view to writing it off.”
Moments ago, this committee released preliminary findings, from the full report presented below:
"All the evidence we present in this report shows that Greece not only does not have the ability to pay this debt,
but also should not pay this debt first and foremost because the debt emerging from the Troika’s arrangements
is a direct infringement on the fundamental human rights of the residents of Greece.
Hence, we came to the conclusion that Greece should not pay this debt because it is illegal, illegitimate, and odious"......'


'…..As we predicted over four years ago,
Greece has effectively just declared that it will no longer have to default on its IMF
(or any other debt – note that the dreaded “Troika” word finally makes an appearance after it was officially banned)
simply because that debt was not legal to begin with, i.e. it was “odious.”
If so, this has just thrown a very unique wrench in the spokes of not only the Greek debt negotiations,
but all other peripheral European nations’ Greek negotiations,
who will promptly demand that their debt be, likewise, declared odious,
and made null and void, thus washing their hands of servicing it again......'


And another question:
when Greece says the debt was illegal and it no longer has to make the June 30 payment,
what will be the Troika’s response: confiscate Greek assets a la Argentina, declare involutnary default,
sue it in the Hague? Good luck. http://www.theeventchronicle.com/fi...-illegal-illegitimate-and-odious/#prettyPhoto

Great news for tourists. Luxury hotel and the best restaurants for next to nothing. Maybe jobless Greeks would become entrepreneurs to cater to the tourists. "When you're given lemons, make lemonade."

Today is the deadline so all the financial and political pundits are weighing in. Some worry about the domino effect regarding Italy and Spain.

MaybeNow said:

Today is the deadline so all the financial and political pundits are weighing in.
Some worry about the domino effect regarding Italy and Spain.

Click to expand...

GREEK ECONOMIC CRISIS http://www.learntraditional.com/viewtopic.php?f=92&t=42

Iceland proves to the world that bankers are not above the law http://www.trueactivist.com/iceland-jails-four-top-bankers-for-fraud-in-landmark-case/

Stelios Haji-loannou, EasyJet Founder, Gives Out Free Meals In Athens
To Greeks Who Cannot Afford Food

As the Eurozone gropes for a solution to the massive Greek debt crisis,
many people are struggling to withdraw their own money from ATMs, let alone put food on the table.
Against the crisis, one man is trying to help the hungry

EasyJet founder, billionaire and Greek native Stelios Haji-loannou
has been handing out free meals to Athenians through his charity,
the Stelios Philanthropic Foundation.
Currently nearly 2,500 people get food each day through the foundation's Food From The Heart initiative,
which Haji-loannou launched two years ago.
The meals would cost about 4 euros, or about $4.44, in a supermarket.

“They are walking and queuing to receive something worth 4 euros.
It shows how much poverty and desperation there is,” Haji-Ioannou told the Evening Standard.
The meals are provided to anyone who registers with the charity, no questions asked.
The number of food recipients could double in the coming weeks,
a communications official with the foundation said, but the charity will be able to "satisfy demand"
throughout ongoing economic hardship http://www.huffingtonpost.com/2015/...54.html?1435860295&ncid=fcbklnkushpmg00000063

All-night negotiations in Brussels have resulted in the foundations of a new bailout deal for Greece being agreed
though tough negotiations still lie ahead to end its financial crisis.
16 hours of talks between the leaders of eurozone nations broke up with summit chair, EU president Donald Tusk, tweeting
that there had been unanimous agreement on a programme that included "serious reforms" and "financial support."

At a news conference, he described it as an "agreekment" but there was clearly a lack of trust on the creditor side,
with German chancellor Angela Merkel among those saying it had to be "rebuilt" following months of tortuous talks.
She said future funding was conditional on the continued involvement of the International Monetary Fund
- a scenario Greece had tried to block.

Crucially, the package will not result in an immediate cash injection for the country's cash-starved banks,
which remain closed but it was understood that the European Central Bank would decide later on Monday
whether to expand its emergency loan limit.
The plan includes the creation of a €50bn asset fund by Greece, based in Athens,
which would be partly used to recapitalise the banks.

It demands greater austerity
though the Greek prime minister Alexis Tsipras insisted he had managed to avert
"the plan of a financial collapse and banking system collapse."
He said the terms included debt restructuring and a medium-term debt package of €35bn euros.

However, the deal in Brussels still faces a number of hurdles
if it is to be enacted and allow for a third potential bailout for Greece.
They include a Greek parliamentary vote to ratify the basis of the package either tomorrow or on Wednesday.
Support for the deal would then allow other national parliaments to carry out their own votes
and for bailout talks to progress.
However, the tough conditions imposed by the international lenders
still have the potential to bring down the deal and the Greek government h http://www.msn.com/en-gb/news/newsw...-from-creditors/ar-AAcU8IL?ocid=mailsignoutmd

According to media reports:


Britain will be liable for close to £1 billion of emergency loans to Greece
after Jean-Claude Juncker tore up a "black and white" deal to protect UK taxpayers from Eurozone bailouts.
George Osborne, the Chancellor, today attempted to fight off a proposal to raid the EU budget
to save Greek banks from financial collapse.
Under a plan drawn up in the small hours of Sunday night
as leaders wrestled to save Greece from economic collapse, Mr Juncker, the president of the European Commission,
wants to revive a mothballed bailout fund.
It will use the EU budget as collateral against 8.6 billion euros of short-term bridging loans to Greece.
The proposal tosses aside a written agreement between David Cameron and his counterparts
that stated British taxpayers would never again be exposed to Eurozone bailouts.
Mr Cameron subsequently assured the House of Commons that Britain be exempt from bailouts,
and he has repeatedly used the deal as proof that he can radically renegotiate Britain's membership with the EU.

Indeed, the 2015 Conservative manifesto boasts:

"We took Britain out of Eurozone bailouts, including for Greece - the first ever return of powers from Brussels."

EU officials this morning said that deal - arguably Mr Cameron's greatest diplomatic coup in Europe to date
- had been assessed by lawyers as nothing more than a "political" accord with no legal force.
Mr Cameron fought a bitter and lonely battle to block the appointment of Mr Juncker, the former Prime Minister of Luxembourg.
The episode will fuel concerns among Eurosceptics
that the Commission will not be an honest broker during the renegotiation of British membership of the EU.
It will add to demands for full treaty change before polling day
- rather than a simply protocol promising future reform.

Too bad the Brits can't vote sooner on the referendum to leave the EU. I think they have to wait until 2017.

That vote was to decide if there was going to be a referendum at all. Now it's been decided that there will be one in 2017 where the populace can vote to stay in or get out of the EU.
http://www.telegraph.co.uk/news/newstopics/eureferendum/11324069/When-is-the-EU-referendum.html