We look to the current economic, geopolitical and social events influenced by the cardinal crisis years with a view of the Annular Solar Eclipse over Asia and North America in May 2012.
The cardinal crisis is as much about current history as it is about compassion, love and understanding.
The world - and its evil - as we know it now, will not last forever, according to all the prophecies. Those involved in perpetuating evil acts only damn themselves into horrid places of perdition. I strongly advise those who have not made their repentance to do so. Daylight runs shorter by my astrological reckoning.
The world transits - the signs of the times - confirms the need to avoid those who show no remnant of understanding, knowledge, love or compassion. For those who are easily inclined by the forces of the stars and planets must know that they are then also ignorant - and ignorance is more than a disease - it is a threat to one's own fate.
Only Gnosis can change that. We find in this edition of Global Astrology, more on the Pistis Sophia and how to save oneself by means of gnosis.
World Transit Items in the News
First, let's preview the astrology of the months ahead.
Sidereal observation of the planet Neptune in transit
Neptune In Tropical Pisces: 2012-2026
By Theodore White, mundane Astrolog.S
The planet Neptune has always been one of the more mysterious outer planets in our solar system.
On Friday, February 3, 2012, Neptune will officially enter tropical Pisces, where it will transit for the next 14 years until it enters Aries in the year 2026.
As the Earth experiences a major Saturn-Neptune trine in January and February the world enters more fully into a new decade. Jupiter is the traditional ruler of Pisces, the 12th Mundane House.
In this Sign, the planet Neptune serves as a modern co-ruler in Pisces as it transits here through the years 2012-2026.
We have a powerful planetary transit. Neptune was last in Pisces in 1848-1862. Neptune co-rules Pisces.
According to Neptune's transit in the 12th Mundane House, we will see, feel and experience the planet's influences in a wide variety of ways, by means of its vibrations and the stellar configurations Neptune will perform to other planets relative to Earth.
Increase in ability for compassion for those in need
Discovery of hidden skills & talents
Various forms of subjective uses of inspiration-imagination
Involvement with institutions, retreats, hospitals, prisons, monasteries
Dissolution of infrastructure, towns, cities, neighborhoods
Gases, oils, climate conditions
Weather, fogs, mists, the seas
Neglect, abuse by hidden means
Negative spiritual cults and groups
Evasion of practical responsibilities
Non-rational distortions of the mind
Neurosis, abuse of drugs, alcohol by elderly
Traditional astrologers in the 19th century made these comments after the modern discovery of Neptune in 1846 -
"Neptune stands not only for sensation but for the absorption of the Self into something great and wonderful..."
"if badly aspected, drunkenness, drugs, fraud..."
"Takes a sane man to rule the Neptune in him..."
Neptune's inclinations will become more apparent the deeper we go into the Twenty-Tens. The change in climate conditions will range from above average temperatures with drier than normal conditions along southern latitudes with warm, moist and foggy conditions along northern latitudes.
The positive octaves of Neptune in Pisces can be applied to grow spiritually strong. The positive uses of imagination to grow businesses through creative projects are highlighted throughout Neptune's long transit in Pisces.
Proper application of Neptune's favorable octave in Pisces greatly expands compassionate acts towards others with favorable inclinations for guidance by balanced individuals, groups and organizations.
Negative octaves of Neptune in Pisces reveal just below the surface acts that seek to deceive and abuse others by nefarious means. It is essential to test those who claim spiritual knowledge because of the increase in frauds and scams designed to lead others astray.
The thing to note with a slow-moving planet like Neptune are transits. The unfavorable transits can lead a person to wool gather, to muddle through.
The cures for this are verbs, that is, strong conscious wills to complete the job and to avoid nebulous people, places and situations.
Poor coping methods in society can be observed by noting increases of the irrational and/or maladaptive behaviors in public/private settings.
It is important to help when and where you can - as well as effectively handle people who exhibit signs of emotional and mental dysfunctions. Some, easily inclined by Neptune's transit, will attempt to evade responsibilities by use of drugs, alcohol, fantasy and day-dreaming.
Readers of Global Astrology will know that the generational transition now underway from the outgoing establishment of the boomer boomer generation to the incoming establishment of Generation X will be like the difference between night and day.
Neptune's passage over the 29th anaretic degree of Aquarius and ingress at 00-Pisces also reveals the crimes of a generation, in this particular instance, perpetuated in the field of education of schoolchildren.
Lessons of L.A. Teacher Sex-Crime case
Students are escorted to a waiting bus as they leave Miramonte Elementary School after classes January 31, 2012 in Los Angeles. Miramontes Elementary school teacher Mark Berndt was arrested on 23 counts of committing allegedly lewd acts on third-grade students since 2005, according to LA prosecutors.
Image: Damian Dovarganes/AP
By Stacy Teicher Khadaroo
Christian Science Monitor
Mark Berndt, 61, who taught at a Los Angeles school for more than 30 years, is charged with 23 counts of committing lewd acts on children since 2005. Two former students say they reported him 20 years ago.
Shocking charges that surfaced in late January 2012 against Mark Berndt raise questions about how long teachers may be able get away with sexually abusing their students before the law catches up with them.
Students are often afraid to report incidents of abuse, victim advocates say, and when they do, too often their stories are dismissed or don’t lead to officials stopping the educator from abusing again.
“That message can never stop, that children need to be believed,” says Terri Miller, president of Stop Educator Sexual Abuse, Misconduct, and Exploitation, based in Las Vegas.
School staff sometimes ignore warning signs or reports “because they don’t want to deal with the … cloud of shame that hangs over a school when these cases come to light,” she says.
Mr. Berndt taught at Miramonte Elementary School in the Los Angeles Unified School District for more than 30 years.
He was suspended and resigned in early 2011 when the county sheriff's department began investigating charges that led recently to his arrest on 23 counts of committing lewd acts on children.
Those charges date back to 2005. But the alleged troubling behavior may have started much earlier, authorities say.
In 1994, Berndt was investigated by the sheriff's department, but not prosecuted, for allegedly trying to fondle a 10-year-old girl, the Associated Press reported.
Two women also said that when they were students of Berndt’s in 1990-91, they told a counselor of behavior in the classroom that implied that he was fondling himself, the Los Angeles Times reports.
One of the women said the counselor “told us it’s not very good to make stories up. She said it was our imagination.”
The school district is launching its own investigation into how Berndt’s alleged behavior could have gone on undetected for years. The case came to light when a photo developer called law enforcement officials in late 2010 about incriminating photos, the LA Times reports.
Berndt is accused of blindfolding and gagging students and making them play a “game” of tasting strange things, including spoonfuls of a substance that police say was his semen.
This undated photo shows former Los Angeles teacher Mark Berndt, 61, who was arrested on charges of 23 counts of allegedly committing lewd acts on children since 2005.
Image: Los Angeles Sheriff's Department/AP
Berndt was removed from the classroom as soon as the criminal investigation started. But the school district was asked to hold its own investigation only after the criminal probe was complete.
In a Feb. 1, 2012 letter, L.A. Unified Superintendent John Deasy wrote: “The District takes each and every reported act of criminal and administrative misconduct seriously, and we will continue to aggressively pursue each case … and initiate the appropriate disciplinary measures.”
While abusers often select and “groom” a young target to trust them until they can get him or her in a private setting, there have been cases of abuse in front of other students.
A 2004 report for the U.S. Department of Education mentions a case in which a teacher would call boys up to his desk one at a time to discuss homework, and then would fondle them.
“Every child in the room knew what was happening and students talked about it among themselves. The teacher repeated this behavior for 15 years before one student finally reported to an official who would act,” says the report, prepared by Charol Shakeshaft, now a professor at Virginia Commonwealth University, in Richmond.
In 2010, a report by the US Government Accountability Office (GAO) detailed cases of abusive educators moving from state to state and committing new offenses – even sometimes after being convicted of sexual abuse. State laws requiring background checks or reporting of sexual misconduct in schools vary widely.
There have been some small signs of progress. A 2011 law in Missouri may be the first to really try to stop the phenomenon. Known as the Amy Hester Student Protection Act, it “requires school districts to report substantiated allegations of sexual misconduct by educators to another school district that seeks a reference for that educator,” according to Courthouse News Service.
On the federal level, no laws regulate the employment of sex offenders in schools, the GAO noted.
But Rep. Michael Fitzpatrick (R) of Pennsylvania is trying to change that. In December 2011 he introduced the Jeremy Bell Act of 2011 (HR 3766). The bill would bring fines or prison time to a school employer who facilitates a former employee getting a job in another state if he or she has engaged in sexual misconduct with someone under age 18.
The bill would also tie federal funding to requirements that states have laws mandating reporting by school employees of suspected abuse, and give other educators in the state access to such reports. And it would require schools to check employee fingerprints against national databases.
Under California rules, Berndt will qualify for pension benefits even if he is convicted, Superintendent Deasy noted in his Feb. 1 letter. The California State Teachers’ Retirement System did not respond to the Monitor’s request for comment.
Times are surely changing.
As Neptune passages into tropical Pisces, we can expect to hear more shocking revelations of this disgusting kind.
The 12th Mundane House, of which Neptune is said to co-rule along with Jupiter, will have to be faced by the victims of the past as a new incoming establishment sets a new tone for the future.
How to reconcile the past depends as much on the strength to face those who do and permit evil as it is to persistently strive to do good and propel good works to justice.
The baby boomer generation, the great majority (not all) that denies the passage of time, and preparing for retirement does not either see (or want to see) the failure of their ideological behavior over the decades and the damage it has caused to countless victims.
No matter, because the entire economic, geopolitical and social system, as it has been, requires a reset.
To give you an idea of why this is so, let's hear what entrepreneurial financial analyst Reggie Middleton has to say on the dumb-down ideology of a baby boomer-operated American education system that he says needs a complete revamp.
Months Of February-May 2012
Forecast by Theodore White, mundane Astrolog.S
For individuals worldwide, the motions of the transpersonal outer planets will continue to greatly influence the lives of billions of people in 2012.
The transits of the Cardinal Crisis in 2012 are unique in that the outer planets and their configurations relative to the nativities of individuals with planets in the cardinal signs of Aries, Cancer, Libra and Capricorn will be powerfully impacted in this decade.
Going into February, one of the major outer planetary configurations is that of transiting Saturn in Libra trine to Neptune at 29-Aquarius.
The months of February, March, April and May 2012 feature the new moons counting down to a reset by the annular eclipse new moon at 0-Gemini on May 20, 2012.
This 'reset' ends a period that began in July 2009 and begins one in May 2012 that extends to March 2015.
These next three (3) years of new moons and world transits also feature the transpersonal inclinations of the seven exact Uranus-Pluto world squares between 2012 and 2015.
The first of the Uranus-Pluto squares begins on June 19, 2012. We have highlighted the Uranus-Pluto squares many times before on Global Astrology. People will witness and take part in rebellions, revolts with signs of revolutionary sentiments worldwide.
The great majority of the troubles are due to the global generational transition taking place, this - amid the breaking of the intergenerational contract by the baby boomer generation.
By January 2012, Jupiter at 0-1 degrees Taurus and Saturn at 28-29 Libra performed a strong opposition which opens the decade of the Twenty-tens.
This opposition, the first since the early 1990s, is a time of economic crisis and poor business conditions. It was brought about by massive corruption in the financial industry by the outgoing boomer establishment that has clearly lost its way.
The winter of discontent in the northern hemisphere will give way to a spring of action in 2012's emotional climate. A political year as well, 2012 will feature the hopes, desires and fears of billions of people conscious of the fact that their lives have taken turns for the worse.
How to return to the proper path of human interactions will depend on the ability of a new generational establishment to rid the mess brought on by the former establishment.
Mars retrograde in Virgo began Jan. 24 and will continue into April 2012. The esoteric influences of Mars continues to be felt worldwide.
A good esoteric astrology lesson for learning astrologers who want to advance beyond basic astrology is to understand how transits like a Mars retrograde in Virgo incline towards the hidden outlandish elements in society worldwide.
Esoteric studies is an invaluable way to learn the essentials of Astrology from past master astrologers. The nooks and crannies of the esoteric tradition originated from the practice of both Natural & Judicial Astrology, the two main trees of Astrology. Esoteric Astrology is the third, most advanced tree that connects the two other trees.
They all are One.
Synthesis of astrological knowledge requires a long time to master. However, esoteric studies during the course of learning Natural, then Judicial Astrology, provides the interdisciplinary knowledge required to not only read nativities but to perform the tasks of forecasting - standard in astrology.
For example, over Mars' transit in sidereal Leo and tropical Virgo, we also know that the fixed star Regulus moved into 00-Virgo.
Virgo is ruled by Mercury, and with Mars' inflamed transit in both sidereal Leo and tropical Virgo, we see personalities of age in alleged involvement in the awful vile crimes of pedophilia and child abuse.
Mars recently stationed at 23-Virgo on January 24 and there have been numerous reports of attacks and sexual abuse of children, students, by the very people who are hired to be most trustworthy - teachers, counselors and leaders.
Neptune at the anaretic 29th degree of Aquarius plays a strong role (photos, technology, etc.) in the sexual abuse and perversion of children by these means. There will be more victims in many stories related from the past, especially over Neptune's previous 14-year transit of Aquarius.
As Neptune enters Pisces on Feb. 3, 2012, we will hear of events like the one below occurring far more throughout the world. the position of Mars relative to the U.S. highlights these matters, eg., Penn State sex abuse scandal, Syracuse basketball sex abuse scandal, etc.
Now there is another of the most disgusting events recently announced out of Los Angeles. See more on the event below.
We have a Venus-Mars opposition on the Pisces/Virgo axis takes place the first 3 days of February, along with Mars' retrograde in Virgo, we hear of disgusting acts defined by the mystery of Mars' transit here.
Mars will conjoin the Earth in early March, so events along these lines - child abuse with strong sexual tones along and outright acts of pedophilia - are bound to shock the public as Mars' transits tropical Virgo through to early July.
Then, Mars enters the powerfully relationship and sexual connotative signs of Libra/Scorpio into summer & early fall 2012. Mars, the 'lesser malefic' will be take the lead before the 'greater malefic' Saturn, enters Scorpio in October 2012.
Through this year, brace yourselves to hear sickening details of the most horrible crimes committed against the most vulnerable in society - our children.
For individuals, astrologically, each nativity is unique, so to discover what the year has in store for you it is important to consult with a professional astrologer.
The months between February - May 2012 allow those who follow astrological transits to schedule the rest of the year to be able to be satisfied by the time the year 2013 arrives.
This is because most of the year after mid-May 2012 reveal transits that are mainly unfavorable. Distortion and confusion over direction in society with deterioration of the broader economic climate worldwide will see people unclear about navigation.
The Jupiter-Saturn opposition, which kicked off the Twenty-Tens will see individuals, groups and organizations in transition, as one establishment is out and another walks in.
The coming months of May, June and July 2012 are shown to be very hectic months so it is essential to recharge one's spirit and energy for the months ahead. Early activity in February and March will help to offset the packed schedules of spring into early summer.
What is given here is a general overview of the transits of the months from February to May 2012 that can be used as a guideline.
February 2012 opens with Neptune in square to the Moon in Gemini. This can incline people to behavior that is impractical, unreliable and just plain lazy.
Quickly observe and then avoid neurotic tendencies see in others that cause difficulties in professional, personal and family relationships. Under the cardinal crisis world transits, it is best to have one's head no further from the heavens than one's feet are from the ground.
In the northern hemisphere, the winter of discontent continues to wind its way to spring.
The world's economic crisis, along with the earlier than normal warmer weather in the northern hemisphere indicates a need for individuals to apply the favorable transits of February to clear schedules for a fresh start in 2012.
February's tone was set by the new moon at 2-Aquarius on Jan. 23, 2012. That new moon began the Chinese Year of the Water Dragon. February is best used well. There are few major configurations, which can help to set the tone for the months of March, April, May, June, July and August.
Neptune's ingress into tropical Pisces and Saturn's retrograde early in February allow opportunities to clear schedules for the coming spring and summer seasons in the northern hemisphere.
Feb. 3 - Neptune enters Pisces
Feb. 7 - Saturn retrograde (until June 25)
Feb. 8 - Venus enters Aries
Feb. 9 - Venus turns north in declination
Feb. 14 - Mercury enters Pisces
Feb. 19 - Sun enters Pisces
The spring, summer and autumn months of 2012 feature hectic world transits.
General elections, popular hue-and-cries, economic crisis along with geopolitical changes and social stresses will combine into a fiery mix of discontent, confusion and unfavorable reactions during 2012.
Setting a balanced tone early helps others to clear away the static and barriers by focusing early on objectives and practical goals.
Venus' transit from Aries to Gemini is significant between February through early August 2012. The planet, known as the 'lesser benefic' is busy by astronomical configurations in 2012.
Venus will conduct a major transit across the face of the Sun in early June 2012 and will perform a retrograde in tropical Gemini by mid-May.
Venus enters Aries Feb. 8 and turns north by declination a day later on Feb. 9. This is an earlier than normal ingress of Venus into tropical Aries. From Feb. 10-13 Venus will conjoin Uranus in Aries.
The Venus-Uranus conjunction will more than likely bring about sudden news and events that impact professional, social and romantic matters. The electrical conjunction can bring about exciting, but short-lived opportunities.
The tendency to depart from traditional values for the sake of this excitement can cause problems later. It is important to mind the speed and willingness to attach too much significance in a short space of time to inclinations. A balanced, prudent approach is best.
Saturn will station retrograde at 29-Libra on February 7, 2012. It had been direct since June 2011. The retrograde will last to June 25, 2012, when Saturn stations direct at 22-Libra.
The effect is that of review of matters associated with the Seventh Mundane House, here in Libra where Saturn is exalted.
Saturn's five (5) month retrograde allows the opportunity to review the significance of relationships that cross personal and professional spectrum.
Changes and lessons learned since June 2011 can be applied before Saturn's direct motion in late June 2012 - just ahead of Saturn's coming ingress into tropical Scorpio in October 2012.
During February, it is ideal to readjust to work methodologies while forming new and better means for cooperation with others. The month features enough free space to set down more practical schedules for the next six months.
Climate temperatures will seem very springlike in widespread regions of the northern hemisphere in February, inclining signs to what will be an early and warmer than average spring season just ahead.
The month of March begins on a Thursday and ends on a Saturday. The month is ruled by Jupiter and carries the tone of Pisces, Aries and Virgo.
Favorable influences of the month will be those of Jupiter and Venus, which will conjoin in tropical Taurus by March 14. The energetic tone of March will have been set by the new moon that took place on Feb. 21, 2012 at 2-Pisces.
Mar. 1 - First Quarter Moon at 10 degrees Gemini
Mar.1 - Mercury turns north by declination
Mar. 2 - Mercury enters Aries
Mar. 5 - Venus enters Taurus
Mar. 8 - Full Moon at 18-Virgo
March 12 - Mercury retrograde (until April 4)
Mar. 13 - Jupiter trine Pluto
Mar. 15 - Last Quarter Moon at 24-Sagittarius
Mar. 20 - *Vernal Equinox - Sun enters Aries - new astrological year
Mar. 22 - New Moon in Aries
Mar. 23 - Mercury enters Pisces
Mar. 28 - Mercury south by declination
Mar. 30 - First Quarter at 10-Cancer
Worldwide, the month of March is that of two halves. March is a slightly busier month than February's planetary inclinations. Unfavorable inclinations associated with Mars and Saturn are in play.
The first half of March continues the work of mid-February. Northern hemisphere residents will observe earlier than normal spring weather evident since February.
Climate conditions will return to a late winter/spring mix by the second half of March into early April. This is evident by Mercury's retrograde on March 12, re-entering Pisces March 23rd, bringing with it late winter storms into early April.
The planet Mars, shining brighter in the night skies since February, will be at its brightest magnitude as the reddish-orange planet conjoins the Earth during the first week of March.
The inclinations of Mars in conjunction with Earth features events associated with the child sex abuse scandals rocking the world.
Mars in Virgo is also associated with the worsening economic climate. The 6th Mundane House of Virgo highlights the challenges of Work & Careers for billions of people worldwide.
Mars' transit in Mercury-ruled Virgo, along with Mars' conjunction within three degrees of orb to the fixed star Regulus influences the major generational transformations underway.
Mars' role in Virgo is more of an irritant and inflames in the field of work than anything else. It's retrograde period would feature increased job redundancies - lay-offs - of tens of thousands of people worldwide.
After Mars turns direct in April 2012, the planet will resume motion in tropical Virgo - indicating lay-offs to continue straight into early July.
There is a need for patience while working steadily toward positive progress into the new astrological year. A Jupiter-Pluto trine in earth signs by March 13 helps stabilize March enough in the wake of Mercury's retrograde a day earlier.
Jupiter in Taurus trine Pluto in Capricorn can be applied by working with others to set a strong spiritual and practical tone in devising goals and objectives.
A shared interest in positive human interactions and relations applied spiritually, under this major inclination, is greatly helpful for individuals, family, groups and organizations.
This earth trine helps relieve some of the unfavorable atmosphere represented by the recent Jupiter-Saturn opposition.
Jupiter picks up speed in tropical Taurus in March. But before a trine to Pluto is exact, Jupiter trines a retrograde Mars in Virgo [Mar. 8-21] that is helpful for progress in business operation and expansion.
The Mars-Jupiter earth trine favors projects related to cultural institutions, practical design, management, along with improvements made in educational and domestic affairs.
April's tone was set by the new moon of March 22, 2012 at 2-Aries. The major ingress of April will be Venus' transit into tropical Gemini.
This entry comes before the retrograde of May 15 to June 27 . It also occurs before the Venus Transit across the face of the Sun on June 4-5, 2012.
The month of April also sees the direct motion of Mars, retrograde in tropical Virgo since Jan. 25.
April 3 - Venus enters Gemini (until Aug. 7)
Apr. 4 - Mercury stations direct
Apr. 6 - Full Moon at 17-Libra
Apr. 10 - Pluto stations retrograde at 9-Capricorn
Apr. 13 - Last Quarter Moon at 23-Capricorn
Apr. 14 - Mars stations direct at 3-Virgo
April 16 - Mercury enters Aries
Apr. 19 - Sun enters Taurus
Apr. 21 - New Moon at 1-Taurus
Apr. 22 - Mercury north by declination
Apr. 29 - First Quarter Moon at 9-Leo
The early spring months of March & April 2012 are relatively busy. The months of May, June and July are jammed packed. The result of the inclinations in light of the high unemployment will be stressed to say the least.
The month of May opens what will be a very busy three months worldwide. The first 20 days of May will be ruled by the new moon of April 21, 2012 at 2-Taurus.
In the northern hemisphere, the climate will have warmed considerably in what will become a sweltering summer ahead with record breaking temperatures.
The annular solar eclipse of May 20, 2012 is featured further below in this edition of Global Astrology.
May 6 - Full Moon at 16-Scorpio
May 9 - Mercury in Taurus
May 12 - Last Quarter at 22-Aquarius
May 15 - Venus retrograde (until June 27)
May 20 - Sun enters Gemini
May 20 - New Moon at 0-Gemini, Annular Solar Eclipse
May 24 - Mercury enters Gemini
I will write more on the month of May and the spring of 2012 in the next edition of Global Astrology, but if you want to know what energies of the coming spring, summer and autumn of 2012 will feel and look like, then all you have to do is continue on to our next installment just below...
Mass Movement About To Grow Even Larger
More signs of the coming Uranus square Pluto: Oakland police used rubber bullets, smoke and tear gas to stop 'Occupy Oakland' protesters as they demonstrated on downtown streets in January 2012.
by Theodore White, mundane Astrolog.S
As the spring season in the northern hemisphere approaches the world will see the second phase of what will be a much more angry and sophisticated 'Occupy' movement.
As the global economy continues to weaken amid generational transition, world transits reveal that a new phase of national and international movement is just ahead.
Readers of Global Astrology will know that the first of seven (7) exact world squares between Uranus in Aries and Pluto in Capricorn is set to begin in June 2012.
What has been deemed a global backlash against rising inequalities- as shown by the Arab Spring and Occupy movements - risks derailing advancement of globalization.
This, according to analysts who did not see the economic crisis coming the current severe income disparities along with precarious international finances head the list as the biggest economic threats the world faces.
Rising youth unemployment with a generation of baby boomers in a retirement crisis dependent on debt-laden nations along with and a wide wealth gap have surely sown the seeds of a dystopia depicted here on Global Astrology in 2010.
It is my forecast that under the coming world transits of 2012 and beyond, it is a sure bet that the Occupy movements will get much larger.
For the first time in generations, parents say that they no longer believe their own children will grow up to have a better standard of living than they did.
While governments run by the outgoing establishment continue to 'kick the can down the road' by not facing the future with vision and creativity we see that the debt crisis spreads. It will do so according to my forecast and result in a economic depression for the Twenty-Tens.
The geopolitical and election year of 2012 will serve as the backdrop against widespread disdain for politics and the boomer establishment.
The fact that the unemployment rates for those under the age of 52 (those who produce the majority of good and services for society) is at 20%+ unemployment - it should not serve as any surprise to see the Occupy movement in action, or to expect it not to grow?
[Editor's note: a writer named Brett filmed the 'Occupy Oakland' demonstration of January 28, 2012 in the video below and said... ]
"... My camera was continuously rolling, I missed some things but got a lot. I edited it down to try and show all that is necessary to see. The action to take the Henry J Kaiser building started peaceful. The police diverted our route but the march continued toward the building. A fence was torn down in an attempt to take the building and the police fired tear gas.
I did not leave out parts where protesters threw things (including the tear gas canisters that were fired upon them). The point was that the police responded with violence to the destruction of a fence.
The protesters naturally reacted to this. Since the ability to take the building was stopped by the police, the march moved on (there was chatter of taking other buildings or approaching the building from the other side.
I am not clear as to what the plan was). The police stopped the march in its tracks. I was filming the two sides in between them and had the first flash bang grenade shot at me which can be seen exploding at my feet in the video. It put me into a state of shock basically and I was pretty jumpy filming the rest (not to mention all of the tear gas I was breathing). The police responded with violence first in this standoff again.
Rubber bullets, tear gas, smoke bombs and flash bang grenades were shot, the protesters retreated. Then the protesters approached again and the process basically repeated itself. During the second approach a young woman was being protected by the crowd and more flash bang grenades were shot at the protesters.
From there, the march moved (maybe more accurately forced by the police. I missed another standoff involving clubbing with batons and more tear gas) to Oscar Grant Plaza. A lot more happened at night but since I was not there, you can consult other sources to get the rest of the story."
January 7, 2012: Oakland, California
Common sense, sans astrological foreknowledge, should say to any free thinking person that with the middle class so very - and rightly so - pissed off about the rampant criminality of banks, Wall Street amid widespread corruption of the establishment - that we cannot expect heads to roll in the near future?
We can note here that as Uranus in Aries nears to its first exact square to Pluto in Capricorn by June 2012, along with additional planetary transits that mass movements will become more common, numerous, louder and raucous should the current establishment try to hold on to power longer than time allows.
It is only going to get worse I continue to state.
Few people and policymakers heeded my previous mundane warnings about the economic crisis years ago - despite ample evidence throughout the last decade that all was not well in many economies of the world, nor in society itself.
Now that we are closer to the synodic return of Jupiter in Gemini by June 2012, the months wind down. Gemini is well known for movements that grow larger than expected.
There will be no more road space to kick that can down very soon. The Uranus-Pluto squares amid the refusal of the baby boomer generation to accept their failure as establishment resulted in the 2011 British and Greek riots.
The mundane presage is for popular mass dissociation based on the outgoing establishment's total inability to solve what the boomer generation caused.
So, if a generation of young people believe that they don't have a future; then it is natural that they will invent meaningful activities for themselves - be it the Occupy Movement or those who riot and loot.
The inherent contradictions within the current neo liberal hegemony are creating circumstances that 'de facto' require a change of course. A recognition that the market will not solve all our social ills and that intervention is required.
A commenter named Adrian had this to say about the generational war waged by boomers against Generation X and Generation Y that not only has struck the United States - but also Europe.
"What neo-liberal economists, short-sighted profiteers and the right-wing political establishment don't seem to be able to grasp is that the austerity and steel-bath that is being forced upon us and the rest of the Western world from above won't lead us out of the current stagnation but will instead deepen the crisis and lead to a Depression.
Dumping wages, busting unions, worsening conditions, scrapping labor rights, deregulating labour and other markets, lack of employment safety, lack of influence, razing welfare systems all combined lead to decreased purchasing power and a lack of will to consume...
Which leads to falling demand, which leads to decreased profits for the private sector, which leads to them strapping their belts and trying to drive down wages even further and fire their workforce and force the ones remaining to work twice as hard for less pay under threat of unemployment...
Which leads to demand falling even further as neither employed nor unemployed consume; employed because of low wages, insecurity and fear of unemployment and sickness, unemployed because of poverty and social injustice.
This all continues in a negative, downwards spiral until the corporations start going bankrupt one after the other, with unemployment rising and the public sector squeezing its belt as a result of falling tax revenue, until an equilibrium is created in the economy with permanent high unemployment and low economic activity.
The only way to get out of this situation is through massive jobs programs, initiatives and public investment in all areas of the economy and society, ranging from construction of infrastructure and housing, generous and robust social insurance systems.
[The] strengthening of labor rights, strong regulation of the economy, strengthening of unions and the bringing of vital, societal services, such as electricity, banking and public transport, under public control, to put the welfare of the people and nation before that of big business.
All of these measures combined lead to increased purchasing power and consumer confidence, which leads to rising demand: which leads to increased profits for the private sector, which leads to them investing in expanding production and hiring new employees, which leads to falling unemployment and high economic activity, and THEN you can start paying down on debts and deficits through taxation and exportation.
It's basic economic knowledge which time and again has proven to work, and not only work, but in fact ushered in a period in our history called the Golden Age (1945-1973) - the Social Democratic age, which by far was the most prosperous time in the modern history of humanity.
Compared to the neoliberal, market fundamentalist era of the Washington Consensus (1979-present) the unemployment in the UK and France was at around 1.6% and 1.2% during the Golden Age, whilst it was at 7.4% and 9.5% during WC.
Global growth lay at 4.8% during the Golden Age, whilst it lay at 3.2% during WC. Not only that, but during the 27 years that the Social Democratic Moment lasted, the world only experienced 38 financial crises, compared to 139 between 1973-1997.
The greed, incompetence, stupidity and short-sightedness of the current political leadership and top strata of society will inevitably lead us down the dark path of the early 20th century, as the current, loosely-organized social unrest, political instability, economic turmoil, ethnic conflicts and class struggle continue to spread and eventually mushroom into greater activities under the sway of demagogues, and eventually lead to revolutions, war, oppression, despotism and genocide.
I can only hope and pray that all the Social Democrats and other left-wing leaders and grassroots of Europe can gather the courage to challenge neo-liberalism for real and not merely try to patch the holes.
What we need is a change of politics, a clear vision of a society beyond the next tax cut for the rich, a society where rich and poor, black and white, young and old, man and woman, immigrant and native, blue-collar and white-collar are allowed to strive for happiness on fair and equal terms, instead of pitting them against one another and have them elbow their way through life best they can.
If all of the above measures fail to be taken, then we will have failed, so-called left-wing parties might seize power with the help of an anti-incumbency vote, but will lose it as fast as they gained it if all they do with their power is administer the current, failed model, instead of putting a new one in place that puts people before profit.
And that in turn will lead to political alienation and voter apathy, as both parties will mirror one another; which leads to disillusionment and violence."
While some will sit around attempting to philosophize about the "Occupy' movement, as if the movement is over - what will become most apparent by the end of 2012 is that this movement - along with others worldwide - will result in a geopolitical crisis fueled by the powerful series of Uranus-Pluto squares and cardinal crisis world transits.
In Oakland, California, for example, since October 2011, the anger with the establishment has only grown larger and louder on the streets. How the boomer establishment faces their hypocrisy is seen by the actions of the police, ordered by this aged establishment to repress the rights of their own children?
If that is not a case for deep mental health issues brought on by years of boomer drug abuse (LSD, cocaine, alcohol) than I don't know what is.
For example, observe the social situation in Oakland in the video below from January 7, 2012 -
The Los Angeles Times comments:
"Yet so far the lionization of the middle class has been largely rhetorical.
The year just past was one in which the stagnation of income and wealth for the great majority of Americans continued - indeed, bit so deep that it helped fuel the Occupy movement taking as its constituency the '99%,' those left behind by the continued gravitation of economic bounty toward the top 1% of U.S. taxpayers.
With the coming election, however, the year ahead offers voters, business leaders and politicians an opportunity for a joint debate over the fundamentals of capitalism in America.
As President Barack Obama put it in Kansas: "What's at stake is whether this will be a country where working people can earn enough to raise a family, build a modest savings, own a home, secure their retirement."
Those four goals have been undermined since the 1970s by the unequal distribution of the wealth created largely by the American worker's boundless gains in productivity.
Until the crash of 2008, which still inflicts an unaccustomed level of pain on the middle class and the working class, the crippling of American upward mobility was a phenomenon little noticed or swept under the rug.
In the last year it has come out of hiding, a position it is likely to keep 'occupying' over the next ten months.
That's encouraging, because you can't discuss income inequality without touching upon many of the other fundamental issues confronting the U.S. economy: how many jobs we create, and of what quality; how we should support the elderly, the young and the sick; and how we should invest in the future through infrastructure construction and improved access to higher education.
That all ties in to the dimming economic hopes of America's youth - the college-educated and unskilled alike - which have perhaps the most profound long-term consequences for the nation's economic health.
If young people don't get good jobs with good prospects, they put off marriage, they don't buy homes, they don't shop for appliances and furniture. In short, they reinforce the stagnation of the consumer economy."
That very reinforced stagnation is exactly what has (and is) been happening for several years and will not improve until the baby boomer establishment in power are put once and for all out to pasture. Things are bad enough as it is - let's not make things worse.
We see here that a kind of 'generational war' is taking place, as the boomer establishment - who pride themselves on their radical activism of the 1960s and 1970s - now repress their own children who form much of the Occupy movements.
The September 17, 2011 rise of the Occupy movement surely will witness its second phase coming in the spring of 2012. It appears that it is a repeat of the same tired scenes of establishment using the police forces to face issues the establishment cannot, or will not resolve itself.
In Oakland, California, after a series of violent episodes, including a clash in which a U.S. Marine veteran who served in the Iraq war suffered a fractured skull when he was struck by a projectile in a confrontation with Oakland police, Oakland's mayor Ms Jean Quan relented and permitted the protesters return.
But two weeks later, in response to fears of renewed violence, she reneged all of a sudden and ordered the plaza to be cleared again.
Mr. Phillips, an Occupy media team member who said he was an U.S. Air Force veteran, spoke Jan. 28, 2012 night from his home, where he had stopped to rinse tear-gas residue from his contact lenses. He described the scene in front of Oakland's Y.M.C.A. as “terrifying.”
“This is disgusting, because this is not the way that America is supposed to work,” he said. “You’re supposed to be able to have something like freedom to assemble and air your grievances.”
“It’s bizarre,” he said of the police reaction. “It’s not something you expect to see in the United States, and we’ve seen it over and over in Oakland.”
The waste of manpower, resources along with the very poor management of the country is yet another of the many reasons why the baby boomer generation is despised for its hypocrisy, corruption and utter lack of common sense:
Consider this , also out of Oakland, California in late January 2012 ~
Reuters reported Jan. 29, 2012 that "more than 400 anti-Wall Street protesters were arrested in Oakland during a night of skirmishes in which police fired tear gas and bean bag projectiles, the city said, marking one of the biggest mass arrests since nationwide economic protests began last year.
Earlier on Sunday, Jan. 29, 2012 authorities had said that the arrest figure was between 200 and 300. But the Oakland emergency operations center said in a statement that revised that up to more than 400, and said that Oakland Police were expected to announce a more precise number later.
Riot police on Saturday night, Jan. 28, 2012 fought running skirmishes with protesters, injuring three officers and at least one demonstrator.
The scuffles erupted in the afternoon as activists sought to take over a shuttered downtown convention center, sparking cat-and-mouse battles that lasted well into the night in a city that has seen tensions between police and protesters boil over repeatedly.
Oakland has become an unlikely flash-point of the national "Occupy" protests against economic inequality that began last year in New York's financial district and have spread to dozens of cities across the country.
The protests in most cities have been peaceful and sparked a national debate over how much of the country's wealth is held by the richest 1-percent of the population. President Barack Obama has sought to capitalize on the attention by calling for higher taxes on the richest Americans.
Protests focused on Oakland after a former Marine, Scott Olsen, was critically injured during a demonstration in October. Protester said he was hit in the head by a tear gas canister but authorities have never said exactly how he was hurt.
The Occupy movement appeared to lose momentum late last year as police cleared protest camps in cities across the country.
Violence erupted again in Oakland on Saturday when protesters attempted to take over the apparently empty downtown convention center to establish a new headquarters and draw attention to the problem of homelessness.
Police in riot gear moved in, firing smoke grenades, tear gas and bean-bag projectiles to drive the crowd back. "Officers were pelted with bottles, metal pipe, rocks, spray cans, improvised explosive devices and burning flares," the Oakland Police Department said in a statement. "Oakland Police Department deployed smoke and tear gas."
Some activists, carrying shields made of plastic garbage cans and corrugated metal, tried to circumvent the police line, and surged toward police on another side of the building as more smoke canisters were fired.
Oakland city officials said "extremists" were fomenting the demonstrations and using the city as a playground for the movement. Protesters have accused the city of overreacting and using heavy-handed tactics.
Across the country in New York, police said four people were arrested on Saturday night after protesters clashed with police at what demonstrators had called an "OccuParty" inside an abandoned building in the borough of Brooklyn.
Protesters knocked over garbage pails and hurled objects at police, slightly injuring six officers, a police spokesman said. The four people were charged with a variety of crimes including inciting a riot.
Tension was rising in Washington as well, where the National Park Service said it will bar Occupy protesters in the nation's capital from camping in two parks near the White House where they have been living since October.
My forecast for the coming great economic depression has always been based on the firm foundation of Mundane Astrology and my economic analysis of the world's health.
As we enter into a deflationary decade - created by evil, greedy and mentally comprised international financiers heading toward perdition - we look at additional indicators of what should be economic health but find nothing but - and I hate to say this - even more bad news...
Global Shipping Crisis Foreshadows Economic Collapse
By Theodore White, mundane Astrolog.S
Back when my mundane economic reports were being labelled 'doom and gloom' during the financial bubble years of the 2000s, it was a lonely place to be issuing unfavorable forecasts. I never enjoy making negative forecasts but as a forecasting astrologer my personal wishes, opinions, etc., never mean anything to me.
It was and is always about the confirmation of world transits - and what I interpreted by the astrological sciences pointed to the negative for the decade we have now entered.
The third and fourth chapters of the Jupiter-Saturn conjunction of May 2000 is now underway with a Jupiter-Saturn opposition which opens the decade of the Twenty-Tens.
The international economic crisis was ushered in by a Saturn-Uranus-Pluto T-Square of 2008-10.
These 12 years - 2008-2020 - comprise what I call the world's 'Cardinal Crisis.'
The astrological transits for our present era continues to point to the need to prepare for a new kind of era; rooted in the problems of past events that will require fresh, creative and strong means to resolve.
For signs of the current economic crisis, and the signs for the near and medium-term, Reuters reported out of China in early November 2011 that "global shipping is in a downturn even worse than during the 2008 financial crisis, according to China's transportation minister. That outlook for the industry made increasingly uncertain by the European debt crisis.
The shipping industry is a economic bellwether because of its role in world trade saw freight rates plummet from mid-2008 to the end of that year.
Shipping activity continues to be volatile with brief spurts of recovery like in 2009 and 2010 but shipping nearly came to a grinding halt in 2011 as the Europe Union debt crisis threatened to cause nascent economic growth as vessels ordered during a economic boom begin to arrive on the market in severe recession.
Participants at a global shipping industry conference in Boao, on the southern Chinese island province of Hainan, said that they do not expect the industry to revive until 2014 st the earliest, according to an informal survey by HSBC at the event.
"The shipping industry is in a downturn, which is worse than the financial crisis in 2008," transportation minister Li Shenglin told the conference. "This condition may last for a relatively long period of time."
China is particularly important for the shipping industry as its huge appetite for raw materials has been one of the key factors supporting rates.
The supply glut, made worse by economic woes in the United States and Europe, has pushed rates for dry bulk vessels that transport goods such as iron and coal below 2,000 on the Baltic Exchange , less than a fifth of the 2008 peak.
On the flip side, rising fuel and other costs have squeezed operators' margins. Global benchmark Brent crude has averaged more than $100 this year for the first time ever. "The industry is double hit by the supply and demand imbalance and rising costs, especially fuel costs," Li said.
China COSCO Holdings Co Ltd , operator of the world's largest bulk cargo fleet and a major global container shipper, has been able to slash charter costs after successful re-negotiations with ship owners, its chairman said.
"The negotiations went well. Most of the ship owners have agreed to reduce charter costs," COSCO Chairman Wei Jiafu said on the sidelines of the conference.
COSCO halted payments to several ship owners earlier this year to force better terms, a move that threatened to taint its reputation within the international shipping community.
Wei said that the company had stopped buying ships last year because of an uncertain industry outlook. But he forecasts a recovery in 2013 because of the China factor.
The Jupiter-Saturn opposition, that opens 2010-2020, is a watershed event for the shipping industry and the world's economy. As Uranus transits the vernal Aries Point, in 2012, within orb of the fixed star Scheat, astrological indicators feature a gloomy outlook for the coming years.
Europe's debt crisis has made the outlook for the global economy and shipping industry more uncertain. The World Trade Organisation cut its 2011 trade growth forecast to 5.8 percent from 6.5 percent that it had predicted earlier.
"The European debt crisis will be there for a long term and it will add volatility to the market from time to time," said Dong Tao, an economist at Credit Suisse.
The IMF cut its global economic growth forecast to 4 percent for both 2011 and 2012 in September from 4.3 percent and 4.5 percent, respectively.
Slowing growth comes at the same time as rising supply of vessels.
The global dirty tanker fleet, dedicated to transporting crude and fuel oil, is expected to grow 9 percent this year and 7 percent next year, according to the ship association BIMCO.
A disturbing sign of the coming drought in the shipping industry is also inclined by means of Uranus in Aries square Pluto in Capricorn. The combined influence of the Jupiter-Saturn opposition has greatly see share prices tumble.
This compares with an expected growth in world oil demand of 1.1 percent for this year and 1.4 percent for 2012 given by the International Energy Agency in its latest report. Share prices of many shipping companies worldwide have tumbled the past year on deteriorating earnings outlooks.
Consider that COSCO Holdings, which made a net loss of 2.07 billion yuan ($325.81 million) in the third quarter, saw its share price fall 60 percent over the past 12 months. Won-Woo Lee, chief executive of Hanjin Shipping's container business unit, said it will be difficult to break even on all of its shipping routes in the year of 2012-13 - especially European routes - citing overcapacity.
"Europe will be more painful next year," Lee said.
We discover disturbing data in another index; which further confirms my long-standing mundane forecast on the world's economies.
On February 1, 2012, Bloomberg reported that the Baltic Dry Index - a measure of costs for shipping commodities - had fallen to its lowest level in more than 25 years - revealing the sagging demands that caused shipping owners to idle their vessels amid a glut of new carriers.
The gauge slid 2.6 percent to 662, the lowest reading since August 1986 and the 31st retreat in a row, according to the London-based Baltic Exchange. Hire costs for Capesizes - the largest carriers of iron ore and coal - have plunged 84 percent from the 2011 high reached Dec. 12.
Capesize owners were idling vessels rather than accepting rates offered amid limited cargo bookings, and Australia was "awash with ships waiting to load," the exchange said in a report to members on February 1, 2012.
The downturn is the worst in more than 25 years, said Derek Prentis, an 86-year-old ship broker and consultant who is the exchange's longest-serving member.
"I can't see much happening until March or April 2013," Prentis said from London. Too many ships are being built as demand for raw materials slows in Asia, he said.
The dry-bulk fleet of more than 8,900 ships is expanding more quickly than demand. The fleet will swell by 14 percent this year, nearly five times the 3 percent gain in seaborne volumes of minerals and grains, according to Clarkson Research Services Ltd., a unit of the world's largest shipbroker.
Returns for three of the four ship types in the index are too low to cover operating costs, and they're below zero on two of 29 dry-bulk routes assessed, data from the exchange and accounting firm Moore Stephens International LLP show.
Capesize and Panamax ships are earning 30 percent and 38 percent, respectively, of the amounts Oslo-based investment bank Pareto Securities ASA says they need to break even.
Daily average rents for Capesizes fell 1 percent to $5,327, remaining at the lowest level since March 2011 according to the exchange.
Panamaxes, the largest vessels to navigate the Panama Canal, dropped 4.2 percent to a three-year low of $5,515. Supramax vessels declined 2.8 percent to $6,657 and Handysizes, the smallest ships in the index, slid 2.4 percent to $5,853.
Baltic Dry Index Signals Economic Collapse?
Much has been said about the Baltic Dry Index (BDI) over the course of the last four years, especially in light of the credit crisis and the effects it has had on the frequency of global shipping.
Importing and exporting has never been quite the same since 2008, and this change is made most obvious through one of the few statistical measures left in the world that is not subject to direct manipulation by international corporate interests - the BDI.
Today, the BDI is on the verge of making headlines once again, being that it is plummeting like a wingless 747 into the swampy mire of what I believe will soon be historical lows.
The problem with the BDI is that it is little understood and often dismissed by less thoughtful economic analysts as a “volatile index” that is too “sensitive” to be used as a realistic indicator of future trends.
What these analysts consistently seem to ignore is that regardless of their narrow opinion, the BDI has been proven to lead economic derision in the market movements of the past.
That is to say, the BDI has been volatile exactly BECAUSE markets have been volatile and unstable, and is a far more accurate thermometer than those that most mainstream economists currently rely on.
If only they would look back at the numbers further than one year ago, they might see their own folly more clearly.
Introduced in 1985, the Baltic Dry Index first and foremost is a measure of the global shipping rates of dry bulk goods, mostly consisting of vital raw materials used in the creation of other products.
However, it is also a measure of demand for said materials in comparison to previous months and years. This is where we get into the predictive nature of the BDI.
In late 1986, for instance, the BDI fell to its lowest level on record, then, began a slow crawl towards moderate recovery, just before the Black Monday crash of 1987.
Not a chance. From 2001 to 2002, a similar sharp collapse in the BDI preceded a progressive drop in the Dow of around 4000 points, ending in a highly suspect (Fed engineered) illegitimate recovery.
In 2008, the index fell to near record lows once again just before the derivatives and credit crisis hit stocks full force.
To imply that the BDI is not a useful measure of future economic trends seems like an astonishingly ignorant proposition when one examines its very predictable behavior just before major financial downturns.
This is not to suggest that the BDI can be used as a way to play the stock market from day to day, or often even month to month. MSM analysts rarely look further than the next quarter when considering any financial issue, and that is why they don’t understand the BDI.
If an index cannot be used by day-traders to make a quick buck in a short afternoon, then why bother with it at all, right? The BDI is not an accurate measure of the daily market gamble.
It is, though, an accurate measure of where markets are headed in the long run and under extreme circumstances.
Over the course of the past month, the BDI has fallen around 65% from above 1600 to 726. Mainstream economists argue that the BDI’s fall in 2008 was a much higher percentage, and thus, a 65% drop is nothing to worry about.
They fail to mention that shipping rates never recovered from the 2008 collapse, and have hovered in a sickly manner near lows reached during the initial credit bubble burst.
By their logic, if the BDI was at 2, and fell to 1, this 50% drop should be shrugged off as inconsequential because it is not a substantial percentage of decline when compared to that which occurred in 2008 - even though the index is standing at rock bottom.
Yes, the useful idiots strike again…
Looking at the rate and the speed of decline this past month, it’s hard to argue that the current 65% drop is meaningless:
Another subversive argument against the BDI is the suggestion that it is not the demand for raw materials that is in decline, but the number of shipping vessels out of use that is growing.
A smart person might suggest that these two problems are mutually connected. An MSM pundit would not.
In 2008, many ships were left to wallow in port without cargo, but this was due in large part to two circumstances. First, demand had fallen so much that too many ships were left to carry too little raw materials.
Second, credit markets had sunk so intensely that many ships could not find trade financing necessary to take on cargo. In either case, the BDI still falls, and in either case, it still signals economic danger.
The only way that the BDI could signal a major decline in shipping demand artificially or inaccurately is if a considerable number of ships under construction were suddenly released onto the market while there is no demand for them.
There have been no mass increases or extreme changes in cargo fleets this past month, or at all since 2008, which means, the BDI’s decline has NOTHING to do with the number of ships in operation, and everything to do with decline in global demand.
What is the bottom line? The stark decline in the BDI today should be taken very seriously. Most similar declines have occurred right before or in tandem with economic instability and stock market upheaval.
All the average person need do is look around themselves, and they will find a European Union in the midst of detrimental credit downgrades and on the verge of dissolving.
They will find the U.S. on the brink of yet another national debt battle and hostage to a private Federal Reserve which has announced the possibility of a third QE stimulus package which will likely be the last before foreign creditors begin dumping our treasuries and our currency in protest.
They will find BRIC and ASEAN nations moving quietly into multiple bilateral trade agreements which cut out the use of the dollar as a world reserve completely. Is it any wonder that the Baltic Dry Index is in such steep deterioration?
Along with this decline in global demand is tied another trend which many traditional deflationists and Keynesians find bewildering; inflation in commodities.
Ultimately, the BDI is valuable because it shows an extreme faltering in the demand for typical industrial materials and bulk items, which allows us to contrast the increase in the prices of necessities.
Global demand is waning, yet prices are holding at considerably high levels or are rising (a blatant sign of monetary devaluation).
Indeed, the most practical conclusion would be that the monster of stagflation has been brought to life through the dark alchemy of criminal debt creation and uncontrolled fiat stimulus.
Without the BDI, such disaster would be much more difficult to foresee, and far more shocking when its full weight finally falls upon us. It must be watched with care and vigilance.
Europe's Lost Young Generation
By Theodore White, mundane Astrolog.S
Plans to commit €22 billion to solve what has been called 'the scourge of youth unemployment' across the European Union was said to have been seriously 'discussed' by European leaders on January 28, 2012.
As in the United States, where the baby boomer generation broke the intergenerational contract, in Europe we have the same - widespread high levels of unemployment of those under the age of 50.
World transits clearly show that unless the baby boomer generation is put out to pasture, after 30 years in the work world and after 18.5 years as the ruling establishment, that what is left behind by the boomers will cause them to be a hated and despised generation.
So, at this late stage international pressure rises in Europe for some kind of effort to aid a young generation to navigate themselves through a deep economic crisis.
The crisis features those experiencing what should be their positive Jupiter returns leaving school for a world of work that offers very limited job opportunities.
Consider this, in January 2012 - youth unemployment in Spain reached 51.4% among those aged 16 to 24.
The striking levels of unemployment was set high on the agenda at the World Economic Forum in Davos on Jan. 28, 2012 where politicians, economists and bankers said action was essential to stimulate demand and prevent a generation becoming strangers to work.
Robert Zoellick, president of the World Bank, said youth joblessness was not just a problem for the West, but was also evident in emerging economies, many where the proportion of young workers was rising.
"If people don't get the right start it can affect them their whole lives. It is not enough to muddle through. It is not enough to do a fiscal fix."
Christine Lagarde, managing director of the International Monetary Fund, held private talks in Davos with European Union leaders to discuss unemployment.
She said that it was vital to kick start growth in the euro zone. "Growth is critical for many reasons – for the jobs issue, for fiscal consolidation and to encourage value creation."
At January 2012's EU summit in Brussels – dominated by attempts to safeguard the euro's future and to control spending by euro zone members – EU leaders, including David Cameron, will discuss a plan to guarantee all young people either work, training or further education within four months of leaving school.
A draft conclusion of the summit that was likely to be agreed by all 27 heads of state and government, said:
"The objective should be that within four months of leaving school young people receive a good quality offer of employment, continued education, an apprenticeship or a trainee ship."
EU sources said €22 billion that is so far unspent and sits in the EU's social fund
could be provided. According to the establishment commission, it says it would work with member states to draw up "country specific" programs on how to address the problems and use the funds.
But the plans would not be legally binding; this is because the EU has no power to enforce schemes; so a unanimous agreement would place EU countries under strong peer pressure to deliver results, but don't hold your breath.
Demands for more to be done on jobs highlight the tension between the EU's demands for austerity in the euro zone and the desire of many in Europe to kickstart flagging national economies with extra spending.
World transits continue to show red as Spain's unemployment figure rose above 5 million the last week of January 2012.
The new Spanish government of Mariano Rajoy called on EU headquarters at Brussels to ease the country's deficit targets. Spain's 51.4% youth unemployment level means that for the first time in a modern European country the majority of young people are unemployed.
In Greece - this figure is an astounding 46.6%. While in Portugal it is 30.7%.
In November 2011 youth unemployment in the United Kingdom passed one million persons out of work for the first time in 15 years. That is equivalent to 22% of all persons between 16 to 24 years old.
On Jan. 28, 2012 British chancellor George Osborne and the Labor Party leader Ed Miliband joined with leaders of the World Bank and the International Monetary Fund in urging action to create jobs amid warnings that youth unemployment was a time-bomb under the global economy.
Peter Mandelson, business secretary in Labor's last government, said: "I've not been in a meeting or speech where the subject didn't come up. Why? People recognize that it is a massive waste of resource, a ticking time bomb and a loss of consumer demand. It is one of the most important issues this year."
Osborne, under pressure to announce job creating measures in his scheduled March 2012 budget, said from Davos, Switzerland: "It is incredibly important. We are doing everything we can to increase the capacity of the economy and make sure young people have the skills they need. It is a question of demand and supply. You can't just look at one of them."
Miliband said that he agreed with Osborne about the importance of tackling the issue, highlighted by the International Labor Organisation in January 2012 when the organization said there would be a need to create 600 million jobs worldwide over the decade of Twenty-Tens.
"It is a massive issue," said Miliband, lambasting the government for its inaction. "That's why we are calling for a tax on bonuses and want to use the money to get people to work.
The government has been hopeless and allowed youth unemployment to rise."
How it feels to be Young and struggling in Europe
Viola Caon left her Italian home to find work. Now she returns to see how her former classmates are faring… and in the week that shocking figures showed how badly Europe's youth is being hit by the unemployment crisis, we also talk to hard-hit twenty somethings in Athens, Greece and Madrid.
Maybe being young is never easy. But being a twenty-something young European has rarely been more stressful.
More than a quarter (28%) of Italians between 16 and 24 are unemployed. Others are struggling to get by on unpaid internships or poorly paid jobs with little security.
Italy's new prime minister, Mario Monti, has vowed to help the younger generation, promising among other things to help them start businesses, but as austerity bites deep the future is uncertain, even terrifying, for many.
It's not just Italy, of course. Eurozone unemployment is at a record. According to
Eurostat, the EU's statistical office, 16.3 million people are out of work in the 17 countries that joined the euro. The story of a lost generation is becoming the scandal of a continent. In Spain, 51.4% of those aged 16-24 are jobless. In Greece, the figure is 43%.
As the eurozone crisis worsened, I went back to my hometown of Civita Castellana, 65 kilometres north of Rome, to meet my classmates from the Giuseppe Colasanti high school. Michela, Maria, Elena, Elisa, Michele, Martina and I were in the class of 2005.
When Monti announced his €30bn austerity package, he said: "Sacrifice will be required." In Civita, those sacrifices are being made. It is one of the largest industrial centers in the region.
Since the end of the second world war, about 90% of people been employed making bathroom fittings and crockery, for which Civita is renowned.
What everyone now calls "the crisis" arrived here earlier than elsewhere, as the town suffered the consequences of globalization and competition with China, where similar products were being made more cheaply. Many factories have closed; thousands are out of work.
The debt crisis that began in 2008 means redundancy hangs over many of those who have kept jobs.
Then there are the young.
Getting a foot on the ladder has never been simple in Italy, where who you know is often key. But with the country facing austerity for the foreseeable future, and Euro zone GDP as a whole predicted to shrink by 0.5% in 2012, the outlook is bleak.
So meeting my schoolmates again was quite an experience. My decision six months ago to live and work in London was partly to do with the economy. But how had my schoolmates been getting on?
Martina Rossitto, 26, MA student, human biology
"I am doing a trainee-ship at the laboratory for cystic fibrosis of Bambino Gesù hospital in Rome. I was lucky, as they do serious research there. I got the place because I know one of the doctors in the lab. I am not getting paid, not even expenses. However, I consider myself to be privileged, as most of my university mates are working 12 hours a day and don't even have access to basic research tools. In Italy, choosing to work as a researcher is suicide. The government keeps cutting the funds."
Maria Francesca Zozi, 26, MA student, arts
"I am usually told I will be a useless graduate. I find it unbelievable: governments keep investing in other sectors and they cut on arts and education. It is simply ridiculous. The problem is that the public sector – which includes most of our arts heritage – is corrupt and inefficient. I have a lot of projects in mind, I would like to attend a course at Brera Academy of Arts in Milan, but I really cannot afford it. I would leave the country if it weren't for my boyfriend, who says we have to stay and fight for a better future."
Elisa Di Pietro Paolo, 25, unemployed shop assistant
"I looked for a job as soon as I left high school six years ago. I found one as a shop assistant in Rome, on a short-term contract. My employers used to renew every year, until one day they didn't. They fired a girl who had worked for them for five years because she took sick leave for pneumonia. Since last January I have been unemployed and doing occasional jobs: for a holiday camp, leafleting, and now for a non-profit thing. The problem is that, having worked as a trainee, employers must hire me on a proper contract, and it's not convenient to them."
Michele Stentella, 26, DJ and student in political science
"I have been DJing for years. Besides doing some nights in a major club in Rome, I have also started to work as a producer. If things go well, I might also sign with an important label. But the crisis has struck in my area, too. More and more clubs are closing. People cannot afford to spend much money and we all feel the pinch at the end of the month. I have a registered logo, and four guys who work with me. I really hope I can keep doing this job. Meanwhile, I study and maybe a BA degree will turn out to be useful some day."
Michela Moretti, 25, trainee lawyer
"I have just graduated in law and I started a traineeship in a law firm near my hometown, Viterbo. Of course, they are not even paying me expenses. The only people I know who are getting paid during their traineeship are lawyers' children. They go to their parents' law firm and they get paid. With Monti's talk about liberalizing the professions, everything is still more unclear for us. They're even talking about getting rid of the traineeship. It's going to be very confusing."
Elena Cirioni, 25, trainee radio journalist
"I did a two-year internship for a local FM radio which never even paid me the expenses. Fortunately, I got another opportunity with a private web radio station which is paying me the expenses and is helping me obtain a journalist's licence. I work 15 to 20 hours a week and I get paid €200 a month. My dream was to become a theatre actress and I am still hoping to fulfill this Athens ambition at some point. The problem is that the culture industry is eternally in crisis in Italy, and there isn't the money for new actors."
Helena Smith reports on Athens, Greece
The greatest victims of Greece's economic crisis have been its youth, men and women who never knew the boom times but must now bear the brunt of one of
Europe's harshest austerity programmes.
With unemployment at a record as the debt-choked country endures a fifth consecutive year of recession, nearly 44% of the 907,953 out of work are between 15 and 24. For the first time since the 1960s, the jobless rate has nudged 18.5%, according to data released by the national statistics office in November. Four out of 10 without work are young people, although three months later, with ever more businesses closing, the figures are undoubtedly worse.
Lack of job prospects and the absence of vocational training to redirect the newly unemployed, fears of impending economic collapse and warnings that it may take 10 years before the service-oriented economy even begins to recover have spurred many of the brightest and best to look abroad.
The exodus has sparked a brain drain that could have a devastating effect on the country's future growth. Tens of thousands of young Greeks are believed to have moved overseas in the last two years.
Almost always from part of the educated elite, they have gone to other European countries and as far as Australia.
An 800-seat Australian "skills expo" in Athens in October attracted 13,000 applicants. Community leaders in Melbourne, focus of a similar Greek migration in the 1950s and 1960s, have been flooded by requests from Greek graduates.
Christos Xeraxoudis, 24, unemployed chef
"I'm a trained chef and have been looking for work for months. I've sent my CV to hotels and restaurants all over Greece, but out of the 50 or applications that I've made I only got an answer once. Lately I've looked for jobs in the UK, Germany and Switzerland, where I happen to have relatives, but I've had no response. But I am optimistic. Greece needed to change. It needs to be rebuilt from the beginning. It has so much going for it but somehow had lost its way. After all, we had got to the point where we were importing lemons from Argentina."
Evangelia Hadzichristofi, 26, unemployed interior designer
"I've been out of work for the last year. It's hard. I'm an interior designer and our industry has been very badly hit. I had an internship at the Benaki Museum [in Athens], but then they let me go and it's been impossible to find a job since. I've looked for work as a secretary, receptionist, shop assistant and the answer has always been 'no'. It's got to the point where I am counting every cent and have to rely on my father, who is in difficulty himself with his own business. I've just applied for jobs in England and Amsterdam because at least there is always overseas."
Giorgos Dimas, 25, working as a chef
"I was unemployed for three years until last week when I finally found a job as a chef. I went back to school to train as a cook, and I've been learning English but it's been really difficult. At the back of my mind there is always the thought that the restaurant I'm about to work in might go bust, given that no one has any money any more. But although it might take a few years for my generation to find work I actually think the crisis has been a good thing. Greece was all about jobs for civil servants and nothing else. It had to change."
Diego Salazar reports from Madrid, Spain
Now is not the time to be a twenty-something in Spain. According to figures last week, 51.4% of 16-24 year-olds are now without work, as the total unemployment count passed the 5 million barrier.
This has often been called the best-educated generation in Spain. It is also the one which has the direst prospects. Even if they are lucky enough to get a job, most of them – around 60% – have to live on low salaries with little job security.
The usual best options are internships or temporary contracts that allow the employer to fire them without difficulty. The situation is now critical, as indicated by prime minister Mariano Rajoy's plea last week to Brussels. He demanded greater "realism" from Brussels over Spain's attempts to cut its deficit.
Austerity is sending Spain back into recession and the danger is that a generation is to be sacrificed as a result.
About a decade ago, a new term was coined to describe young people who earned €1,000 a month – the mileuristas. Now things are so bad that this disparaging term describes an unattainable aspiration for most.
Eduardo Caña, 23, student
"I am studying journalism and economics and I've done all sort of low-paid jobs: serving beers in Valencia beach bars, working in construction in Galicia, unloading fruit trucks and filling customers' bags in Ikea. I've never been paid more than €7 an hour. I also worked as an intern for a newspaper, almost for free. This friend of mine was working on a paper for less than €400 a month. Her temporary contract expired and they called to offer me the same job but as an unpaid intern. I found that so offensive. I am finishing school next June and if nothing comes up I am thinking about moving abroad."
Marita Blázquez, 25, student
"I've found it impossible to get a job in my own field. In my hometown of Granada, I worked as a monitor in a shopping mall kids' play area and that's the closest I've got to working with kids, which has been my goal since I started studying. I came to Madrid but all I could get were two part-time jobs, first at a department store and then in a clothes shop, where they hired me as a clerk with an illegal contract making €3 an hour. When I asked for better conditions my boss fired me. I started studying again to become a teacher. But only a few posts are open every year so I have no idea what I am doing next."
Adriano Justicia, 27, unemployed photographer
"I am a photographer and also hold a film studies degree, but never could find a job in any of those areas. I've worked as a telemarketer, in credit card sales and also a Red Cross charity recruiter for not much money at all. I just went back to study for a degree in TV production, which includes unpaid training. If I don't get a job after that, I think I will be forced to move back to Berlin, where I spent a couple of months as an intern for a photographic studio. Given the circumstances, that looks like the best option, although it is always difficult to leave your country."
María Lázaro, 25, jobless tour and advertisement agent
"I came to Madrid to work as a manager for Real Madrid's museum. I worked at Santiago Bernabéu stadium museum for two years until I was fired six months ago. Since then I've been working in temporary jobs, three or five days as a hostess in business conventions and fairs, most of them without any kind of contract. My partner works as a graphic designer and he has just been offered a job in Zaragoza, so we are probably moving there. I just got admitted back into school, where I am hoping to do a masters degree, to see if that helps me finally to get a job."