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Saturn and The 1980 and 1982 Recessions - Astrology For Aquarius
Saturn and The 1980 and 1982 Recessions - Astrology For Aquarius
In the early 1980’s a severe economic recession affected much of the developed world, but
America’s National Bureau of Economic Research reckons the economic slump was two
separate recessions – one lasting from January to June 1980 and the other from July 1981 to
November 1982.
Saturn is the planet of recession and recessions occur when many economic variables flip
from expansion ( Jupiter) to contraction (Saturn).
They can take years to develop and creep up gradually or they can strike suddenly out of
the blue (Uranus); and an economic downturn can occur without a major stock market
crash (house 5).
The influence of Saturn – through fear and pessimism – is to reduce demand, contract
business activity, increase unemployment, reduce profits, cut costs and curtail consumer
spending.
Here on Earth the Iranian Revolution in 1979 had sparked a second large round of oil
price rises (Neptune) and the Federal Reserve’s efforts to tame inflation (Neptune) through
restrictive (Saturn) monetary policy which dampened economic growth are considered to
be its two main triggers.
And in the sky Saturn had moved into orb of a high-discord square aspect with Neptune
in September 1978 and from then until September 1980 their three square aspects reached
peak power on September 14, 1979, March 26, 1980 and June 22, 1980.
Saturn square Neptune in the sky timed and scripted the January-June 1980 recession.
On January 15, 1981 Saturn turned retrograde and on January 24 Jupiter turned retrograde
and on March 4, 1981 they formed their second conjunction aspect.
March 1981 was an eventful month. A new Mars cycle commenced on March 19 and a new
Saturn cycle commenced on March 30 and in both cycle charts Jupiter was conjunction
Saturn.
On May 22, 1981 Jupiter (at 00 Libra 26) reversed its retrograde motion; and on June 5,
1981 Saturn (at 2 Libra 59) turned to direct motion; and on July 24, 1981 Jupiter and Saturn
formed their third conjunction aspect. It timed the start of the July 1981 – November 1982
recession.
Saturn moved out of orb of a conjunction aspect with Pluto in December 1983.
(Throughout 1982 the influence of Saturn was constant and pronounced as Saturn and
Pluto formed three high-discord parallel aspects on December 6, 1981, February 25, 1982 and
September 5, 1982.)
Jupiter conjunction Saturn and Saturn conjunction Pluto in the sky timed and scripted
the July 1981–November 1982 recession here on Earth.
By mid-1982 there were 42 bank failures ( Jupiter) as the recession and high interest rates
inflicted financial damage; but the banking industry ( Jupiter-house 2) was affected for a
long time after the economic downturn had technically ended, in November 1982. In 1983
another 50 banks failed.
The world economy remained in the doldrums throughout 1982; and high
unemployment affected OECD nations until at least 1985.
Saturn was conjunction Pluto in the sky from September 1981 to December 1983.
Related reading
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