In year 2016 the GDP growth rate of India was impressive at 7.1% which was slightly higher than China who’s economy was slowing down since 2014. The Chinese economy had register the annual growth of 6.7% in year 2016 which was the lowest since 1990. So last year Indian economy overtook China for the first time in terms of GDP growth rate. However, the demonetisation of higher denomination currency on the 8th of November 2016 and the poor implementation of GST (Goods & Services Tax) put Indian economy under stress. The GDP growth rate for the first quarter of financial year 2017-18 (April to June) was just 5.7% where as last year for the same period it was 7.9%. I had astrologically forewarned about the danger of a global slowdown in my article ” Forecasting Global Economic Trends in 2017″ which was published in the January 2017 issue of Express Star Teller Magazine.
The entry of Saturn into the Sagittarius sign will bring a slowdown in the global economy possibly due to a dangerous war in Korean peninsular. The Sagittarius is a war sign and the transit of Saturn from this rashi has historically brought major changes in the international politics.
. At the time of Great Depression of 1929 the Saturn was in Sagittarius. That great depression lasted from 1929 to 1939 and was ended at the beginning of the second world war. During this period ( 1929 to 1939) the consumer spending and investment dropped causing steep decline in the industrial output and rise in the unemployment. Before that the US economy was expending rapidly during 1920’s. The reckless speculation in the stock market was reached at the level of madness where everyone from the millionaire to the common laborer was putting his saving into stock exchange. The stock market reached at its peak in August 1929 but by then the industrial production was declining leaving stock prices much higher than their actual value.
Later on 24th of October 1929 the nervous investors started selling their shares in large numbers. In next one week more than 27 millions of shares were traded which swept the wall street and wiped out many investors completely. This trigger a great depression as the consumers confidence was vanished in the wake of stock market crash. The downturn in investment slowed down the production and business which affected the purchasing power due to fall in wages. This was the biggest recession in the history of the industrial world.
Now compare this with the current economic scenario of India where the Sensex is on fire and have risen 20% since the beginning of the year. The BSE sensex has gone from 26500 at the beginning of year 2017 to more than 32000 now in the mid of October. But despite the booming stock market the rate of job creation is extremely slow which is a dangerous trend.
Historically the transit of Saturn from Sagittarius has created problems for the central government in India.
For India the transit of Saturn from Sagittarius in 1989-90 was very disturbing. The country was struggling with religious, political and economic crisis. The ‘Ram temple movement’ by the BJP and the anti-corruption protests by the V.P. Singh on the issue of Bofors Scandal saw the fall of Rajiv Gandhi during the general elections of 1989. A minority government led by the V.P. was ruling the country struggling with economic crisis in which India had to airlift its national gold reserves as a pledge to the IMF (International Monetary Funds) in exchange for a loan to cover balance of payment debts. The prime minister V.P. Singh later had to resigned in November 1990 after a serious of protest in the country against the implementation of ‘Mandal Commission’ report giving 27% job reservations for the OBC (Other Backward Classes) in government jobs.
Interestingly during the last transit of Saturn from the Sagittarius sign the economy of China and India was started to become open for the world. The goal of ‘global economic liberalization’ propagated by USA was to make the economies more market and service-oriented and to expand the role of private and foreign investments. Now the rise of nationalist movements in Europe and Donald Trump’s policy of protectionism has started threatening the system of ‘economic liberalization’.
During the last transit of Saturn from Sagittarius in 1989-90 the cold war was ended after the collapse of USSR (Soviet Union). The countries of the Eastern Europe were liberated from the ‘Iron Curtain’ policy of Soviet Union. The world order started reshaping in favor of the USA which took other countries into its economic clout by forcing them to open their markets.
Saturn in Sagittarius and possible trade wars between the nations in 2018-19
The year 2018 and 2019 could be the year of ‘trade wars between the nations’ as per the astrological analysis of the foundation horoscopes of major countries of the world.
The political tensions between the USA, China, Japan and Russia may initiate a ‘trade war’ which can damage the global economy very seriously. The issue of North Korea, South-China-Sea dispute and Syria war is potentially dangerous in starting a new ‘cold war’ between major countries of the world. The transit of Saturn from the ‘war sign’ Sagittarius can bring ‘trade war’ between the nations.
Possible fall in the stock markets in the first fortnight of November 2017
The Saturn entering into the Sagittarius sign on the 26th of October may ignite a fall in the stock markets around the world. As per the ‘Sarvato Bhadra Chakra’ analysis the planet in Moola Nakshatra gives ‘Vedha’ to the Chitra Nakshatra. The malefic Saturn from Moola will afflict the Chitra Nakshatra which is a combination of rise in the gold prices. The Saturn in the fiery sign Libra will also reduce the production of the crude oil resulting the hike in its prices. The crude oil trading around $55 per barrel is likely to cross the mark of $80 very quickly.
The stock markets are likely to fall and the gold prices will increase during the first two months of Saturn transit from Sagittarius. The period of November and December in 2017 is very crucial from the point of view of global economy. Saturn in Sagittarius will be transiting through the Aries Navamsha and Jupiter from Libra will be in Capricorn Navamsha during the first fortnight of November 2017. This combination can trigger a collapse of stock markets around the world during the first fortnight of November 2017.