Switzerland - suffering from too much money
Author: Marjorie. Date: 22 Jul 2010
Switzerland is now reckoned to be such a safe haven from Eurozone and US economic woes that monies are pouring into their banks from outside investors to a degree which is causing problems. Switzerland's budget deficit is just 1pc of GDP; gross public debt is 40pc; the current account surplus is 9pc; unemployment is 3.9pc. The eight million Swiss have half a trillion dollars of external assets.
The Swiss National Bank chart (20 June 1907) is facing some wobbles and setbacks with tr Uranus still to square its Gemini Sun and conjunct its' Saturn in Oct this year and Jan 11. They've also got major pressures in 2011 from tr Saturn squares to their Jupiter Neptune opposition Uranus Mars. So they won't escape anxieties from the next great dip entirely. But what will keep them buoyant is a Solar Arc Jupiter trine Sun in 2011/12 which should keep them ahead of the game.
The Swiss franc chart (7 May 1850) is challenged at the moment, very edgy through July/Aug 2010 and not as secure in 11/12.
The two Swiss charts (1231, 1291) give the same sort of indications of setbacks this October and undermining confusion in 11/12. Though the 1291 chart also indicates some spikes of good luck in Aug/Sept 10 and March 11.
Norway is evidently now seen as a safer resort for sovereign bonds than Switzerland. It is the third wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. Norway is the world's fifth largest oil exporter. Bankers have deemed the Norwegian Krone to be one of the most solid currencies in the world.
The Norway country chart (7 June 1905 11 am Oslo) has had the hugely supportive tr Pluto trine its Solar Arc Jupiter in 09/10 but that disappears from this October. They are heading for a slow down come 2012 with Solar Arc Saturn conjunct their Sun which may be to do with oil sales.
http://www.telegraph.co.uk/finance/comment/
ambroseevans_pritchard/7903463/Swiss-endure
-safe-haven-agony-from-euro-flight.html
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Switzerland is now reckoned to be such a safe haven from Eurozone and US economic woes that monies are pouring into their banks from outside investors to a degree which is causing problems. Switzerland's budget deficit is just 1pc of GDP; gross public debt is 40pc; the current account surplus is 9pc; unemployment is 3.9pc. The eight million Swiss have half a trillion dollars of external assets.
The Swiss National Bank chart (20 June 1907) is facing some wobbles and setbacks with tr Uranus still to square its Gemini Sun and conjunct its' Saturn in Oct this year and Jan 11. They've also got major pressures in 2011 from tr Saturn squares to their Jupiter Neptune opposition Uranus Mars. So they won't escape anxieties from the next great dip entirely. But what will keep them buoyant is a Solar Arc Jupiter trine Sun in 2011/12 which should keep them ahead of the game.
The Swiss franc chart (7 May 1850) is challenged at the moment, very edgy through July/Aug 2010 and not as secure in 11/12.
The two Swiss charts (1231, 1291) give the same sort of indications of setbacks this October and undermining confusion in 11/12. Though the 1291 chart also indicates some spikes of good luck in Aug/Sept 10 and March 11.
Norway is evidently now seen as a safer resort for sovereign bonds than Switzerland. It is the third wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. Norway is the world's fifth largest oil exporter. Bankers have deemed the Norwegian Krone to be one of the most solid currencies in the world.
The Norway country chart (7 June 1905 11 am Oslo) has had the hugely supportive tr Pluto trine its Solar Arc Jupiter in 09/10 but that disappears from this October. They are heading for a slow down come 2012 with Solar Arc Saturn conjunct their Sun which may be to do with oil sales.
http://www.telegraph.co.uk/finance/comment/
ambroseevans_pritchard/7903463/Swiss-endure
-safe-haven-agony-from-euro-flight.html
hide Marjorie's posts
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