Considerations XIX: 1
Bill Meridian has also determined that the cycle of y through the signs has the most powerful correlation of all planetary cycles to economic production. Historical panics and crises tend to occur near that cycle’s low, between g and x. The midpoint of that span is late h, the degree area of y at midyear 1720 when mania gave way to panic. In South Sea Company’s ninth year u-o measurements by Solar Arc and transit came due. u-o would dominate the year 1720, a year in which reality faces off against delusion and ambition struggles against a loss of focus. The negative resolution of this tension is held in check so long as y measurements support the ebullience and optimism that supports the bubble in share prices. Once the y measurements end at midsummer, the negative potential of u-o stress quickly resolves itself into an autumn crash. The mass psychology of the public can be characterized as happy and anesthetized throughout the bubble’s expansion as transiting y conjuncts UK’s w and o conjunct’s its q. When illustrating the synastry between the UK and South Sea Company I pointed out the shared degree areas between England’s oldest chart, 1066 and that of the 1707 chart. I said that 1707’s q and IC were at the same degree as 1066’s o. So when in the bubble year o transited over UK’s q and opposed its MC it was simultaneously the o return to the 1066 chart—the fourth o return in fact since 1066!
M
ATERIALISM & FAITH: u-o The South Sea story is bound up with faith and credit ruled by o. u rules the other half of the relationship, or debt. u is also the great tester of integrity and material ambition. The u-o dyad therefore describes the ebb and flow of the faith or the credit we invest in material progress. u-o will be discussed in terms of its cycle and then in terms of their separate transits to South Sea Company and the UK. The South Sea Company was formed a few months past an opening u D o. u-o’s 36-year cycle completes a quarter turn in about nine years, so its opposition phase fell due in 1719-1720. Bill Meridian sees u-o as a cycle of deflation.32 All six angles have witnessed examples of economic peaks where price inflation was halted by this planetary pair’s deflationary touch. The opposition became exact three times. The old style dates are: November 18, 1719, May 17, 1720 and September 21, 1720. The first direct hit correlated with the peaking phase of the Mississippi bubble and currency inflation in France. The second retrograde and final oppositions perfectly bracket the South Sea top, the former kicking off the final phase of extreme price appreciation while the latter marked its complete erasure. In relationship to charts of the company and the UK during this pe32
Bill Meridian. 2002, p. 80.
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