The jury is still out about how much economic damage Brexit will do to the UK – and to the EU. Pre-referendum predictions about an imminent deep recession seem, at present, to be misplaced, though it’s early days yet.
What’s showing on the UK 1801 chart is Solar Arc Sun square the 8th house Mars, exact in about two weeks, but whose influence was probably soaked up in the run-up with the late June referendum. There’s still Solar Arc MC square the UK Mars in a year’s time which might create a few shocks in the City of London and financial businesses, since 8th house is investment, banking and foreign trade. Tr Uranus will trine the 11th house Saturn again in March/April 2017 for the final time, which does point to a new direction for the country and constitutional changes. There are a couple of major Moon influences – tr Pluto opposition the 10th house Moon in 2017/18; and Solar Arc Moon will oppose Saturn in 2019. That sounds, amongst other things, like a stressed and unhappy population, though it could also be to do with rulership (HM Queen) and the legislature (Westminster).
The Bank of England chart, 27 July 1694 (I can’t work out whether that’s OS or NS but I’m assuming GC) – has Solar Arc Jupiter square the Mars opposition Neptune this year and Solar Arc square Mars and Neptune in 2017. That Mars Neptune was being activated when George Soros broke the Bank in 1992 and the UK exited the ERM in a hurry. It suggests an over-confident high, followed by a sharp drop. And tr Saturn will start to hard aspect the BoE Uranus in Nov/Dec this year, then continue on to hard aspect Venus, Mars, Neptune from Jan 2017 till late in the year. So there may be more obvious wobbles once the Brexit mechanism is put into process.
Mark Carney, Governor of the Bank of England, 16 Mar 1965, may be evincing serene calm at the moment, but he’s more rattled than he appears. Tr Neptune is conjunct his Saturn until Jan 2017 and tr Saturn will square his Uranus, Pluto, Mars (Moon) through this Oct/Nov, moving on to square his Venus Sun in 2017; and tr Neptune also opposes his Uranus Pluto and Mars in 2017/18 – so there’s a fair amount of panic and uncertainty beneath his unruffled demeanour.
The FTSE 250, 12 Oct 1992, which is the better indicator for domestic businesses, is under some pressure through 2017/18 with tr Pluto square the Sun, though the chart is also fairly stressed at the moment through the autumn and the index is not showing many signs of plummeting.
The EU and ECB (European Central Bank) do have more problems facing them than Brexit, namely bad loans in several countries and a stagnant EU economy. The ECB, 1 June 1998, has tr Saturn square tr Neptune hitting on the Gemini Sun from now till early 2017 and a really tough slog through 2017 from tr Pluto trine Saturn.
The Telegraph today said: “Large parts of the eurozone are slipping deeper into a deflationary trap despite negative interest rates and one trillion euros of quantitative easing by the European Central Bank, leaving the currency bloc with no safety buffer when the next global recession hits.” Which it probably will when the Saturn Pluto conjunction turns up in 2019.
The EU, 31 Dec 1957 11pm chart, certainly suffered a shock this year from Brexit with Solar Arc Uranus square the Sun exactly on cue; and look to be facing their worst meltdown around 2019 and in 2021/2023 – with 2019 seeing a dead-halt Solar Arc MC conjunct Pluto and a devastating Solar Arc Pluto conjunct their 2nd house financial Neptune in 2019, when tr Uranus is also opposing the EU Neptune bringing high anxiety about the economy. Then Solar Arc Mars squares the EU 8th house Moon and opposes the EU Uranus in 2021. By that time tr Uranus has moved into their 8th house of business finances, aiming to conjunct the Moon and square the EU Uranus with Solar Arc Neptune conjunct the EU Sun by 2023.
Tr Saturn will conjunct the UK, EU and their composite Sun in December 2018 which can indicate a separation though sometimes with tr Saturn it occurs in the aftermath.