Switzerland – wincing from historic bank shock

Even Switzerland is not immune from the economic landslide with the Swiss National Bank suffering its worst quarterly loss since its 1907 foundation.

The SNB, 20 June 1907, is showing stress this year with the financial Solar Arc Venus in a blocked square to the Pluto. And there’s no indication of a let up from challenges for several years ahead. 2021/22 has the car-crash Solar Arc Saturn and Sun both impacting on the SNB Mars; as well as an undermining tr Neptune starting a three year dip squaring the Pluto, then the Sun and conjunct Saturn. It’ll be early 2025 before the downturn lifts.

The Switzerland, 12 September 1848 12.55 pm Bern chart, is similarly moving into confused, disappointing and swampy territory with tr Neptune opposition the Virgo Sun this year and conjunct the Saturn in Pisces in 2021/22; with a disruptive Solar Arc Pluto opposition Uranus in late 2021 and forced change with great difficulty with tr Pluto moving to square the Pluto. There’ll be some good news in 2021 but it’ll be a long haul which fits the other indicators – that the economic downturn will, not surprisingly, run on until almost mid decade.

Liechtenstein, which is interwined financially with Switzerland, is also showing panic on its Central Bank chart, 5 December 1861, which shows tr Uranus conjunct Pluto and opposition Mars picking up late May into June, and repeating till early 2021, which will be fairly disastrous and insecure; with uncertainty stretching on for three years with tr Neptune opposition the Saturn Jupiter in Virgo.

One thought on “Switzerland – wincing from historic bank shock

  1. ,
    I hate this! Switzerland in the loop??? surely not……. I have recently changed banks to the SNB in the Netherlands and am wondering if its the Swiss National Bank!!! It never occurred to me that it could be anything but Dutch…. I can’t find out because all the banks doors are closed…..but I have found out something I never knew before (and am not affected by). Does everyone know this single, crucial fact? That if you have more than 100,000 euro in a bank (in Europe, which you are still) they, the banks, are guaranteed to pay ONLY 100,000, not a euro more. The crunch is coming – so be warned, spread it around with haste into different banks….. from May 4, the grim financial reaper is amongst us…….

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