Argentina peso
Western Astrology

Argentina Peso Heads Downhill

by Marjorie Orr February 12, 2014 04:52 PM EST
Argentina Peso Heads Downhill

Argentina's peso, has seen its sharpest falls since the country's 2002 financial crisis. Inflation has recently soared to 25% and is expected to rise to 30% plus. In the last crisis in 2002, millions of Argentines saw their living standards collapse with 41% inflation and a government default on international debts.

President Cristina Kirchner, in power since 2007 and re-inaugurated on December 10, 2011 11am for a second term has been absent from view until this week after an operation for a blood clot on the brain.

The Argentina 25 May 1810 chart with its 3 degree Gemini Sun is obviously sagging badly with tr Neptune square Sun at the moment and tr Neptune moves on to square the Sun/Mars, Sun/Neptune and Sun/Saturn midpoints and then square Mars over the next three years -- so it’s going to get worse before it gets better.

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The central Bank of Argentina, 28 May 1935, is showing confusion, uncertainty, panic and meltdown for several years to come. Tr Neptune again is square its 5 degree Gemini Sun from late February this year onwards. Tr Pluto trines Neptune at the moment and again till late 2014; and there’s a ‘shocking’ Solar Arc Uranus conjunct Venus now. With tr Neptune moving on to conjunct their Saturn come 2015. There’ll be some cheer by 2016 with tr Pluto sextile Jupiter but it’ll be a swim thro’ a whirlpool till then.

It’s certainly not as bad as 2002 when the tr Pluto opposition tr Saturn was hitting those key planets on the above charts but it’ll be bad enough.

Cristina Kirchner, theoretically in power till late 2015, was always going to face a tricky second term since that chart has a Sagittarius Sun opposition Moon square Mars in the financial Eigth House. That Mars is under great pressure in 2014/15 from late Feb as tr Pluto trines it so she’s facing an uphill battle with deep frustrations. Her own chart, 19 Feb 1953 12.15 pm La Plata, Arg (astrotheme) does have a supportive tr Pluto trine Jupiter in 2015/16. Before then her midpoints show a fair amount of stress and anxiety some of which could be health related.

 
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