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China Faces Second Bond Default Amid World’s Biggest Debt
Thread: China Faces Second Bond Default Amid World’s Biggest Debt

The big cosmic deal this week will be… well, there are a lot of big deals. First, the Sun is in square aspect to Mars on Saturday, July 19. Mars and the Sun are both fiery, and with Mars also warlike, you can see yet another geocosmic factor related to the warlike events in Russia-Ukraine and Israel-Palestine that suddenly exploded late last week. These war-like themes are likely to escalate into late August when Mars and Saturn join together in Scorpio. No one wants to budge, and no one accepts responsibility as everyone grinds their teeth and curses under their breath – or lets it leak out in the media somehow. This is a cosmic tension more akin to blame and getting even, with pressure applied in very painful ways, especially psychological and financial, but possibly militarily too. Expect more economic sanctions and threats of retaliation. The behavior is far from the needed win-win compromise ideal. There is likely a loser... or two.


The next day, (Sunday, July20) finds Saturn ending its retrograde motion and turning direct. Everyone is somber and serious. Getting anything done is like pulling teeth, but since everyone is grinding their teeth, there is just resistance and more blame.


The day after that, July 21. Uranus changes direction, turning from direct to retrograde. Now the teeth are getting pulled after all – by force, not by choice. Sudden and surprising actions are being readied. In financial markets, this entire period (July 20-21 +/- one week) can witness sharp price reversals, and maybe more than once. This is what they call a “whipsaw” signature.


The day after that, July 22, the Sun leaves the emotional and patriotic sign of Cancer for ever-so-confident and sometimes arrogant but creative sign of Leo. “I have a plan that everyone will love” (or at least pretend they love), boasts Leo with much fanfare. And for the next two days, as the Sun moves towards a conjunction to the even bolder and more confident (and sometime more arrogant) planet of Jupiter on July 24. Now that would normally be a great time for wonderful announcements from world leaders, for Sun-Jupiter conjunctions in Leo are like a visit from Santa Clause. And it might be this time too. But it is happening in the middle of the Saturn-Uranus stations (July 20-21) and then the Venus translation to the Uranus-Pluto square (July 28-31), forming another cardinal T-square. And all of that while Mars is starting its journey through Scorpio (July 25-September 13), on its way to Saturn, and it just makes you wonder… when will I quit falling out of bed and sleep peacefully through the night without wondering if NSA and my government is spying on me, or the Senate is going to allow taxes to be levied on my use of the internet starting November 1 (“Taxman, Won’t You Please Spare the Internet?” John Thune and Ajit Pal, Wall Street Journal, July 18, 2014). [link to www.mmacycles.com]

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Russian Market ‏@russian_market · 2m
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The economic war has gone to defcon 2

Thanks everyone for all the updates. I been a little busy lately.