Friday, August 13, 2010

Likely another economic meltdown in October 2010

I was correct in predicting a possible the economic meltdown in late 2008.
But I was wrong in predicting a second stock market crash in October 2009.

However, in October 2010 the same factors make it likely another economic meltdown (significant stock market fall). This is after the depressing effects of the cardinal climax of August 2010, when all the outer planet cycles become waning (i.e. negative effect in economy). In October 2010, transiting Mercury, Sun and Mars also turn waning in aspect to all the other outer planets (like it was in September 2008). This makes a stock market crash more likely.

We keep our old prediction that a global recession/depression will continue between 2011 and 2019, and only around 2025 there will be a great economic and technological expansion.