The predictions discussed here have to do with the planet Saturn as 8th lord of easy gains and obstacles and endings in the chart. It is linked to both that which is achieved with little effort and that which is lost, in one sense it is a case of easy come, easy go.
Let's look at some of the predictions
The following predictions were made in late 2007 or early 2008 for things to happen in late 2008 and early 2009
Monday, December 31, 2007
The year ahead for the USA
“...end of the year ...transit Saturn will ... be under the aspect of natal Saturn in the chart, heightening the potential for ... destruction of assets.”
Saturday, February 2, 2008
More financial market volatility in 2008
“November 2008 until February 2009: transit Saturn in Leo H2 under aspect of natal Saturn in Scorpio H5. This aspect threatens a serious setback to easy gains and other indications of Saturn.”
Now, let´s look at what happened
Several investment scams came to light from December 2008 to February 2009 revealing the destruction of hundreds of billions dollars of assets of private investors and public funds. Investors were lured with their funds into schemes promising easy acquisition of additional riches. What turned out was the destruction of the assets entrusted to high profile scam artists. Moreover, a significant portion of the assets lost were ‘easy gains’ as reported in the monthly statements the investors received. One elderly couple told they "invested $700,000 in Bernard L. Madoff Investment Securities LLC, which informed them that their assets appreciated to about $1.8 million." Now they "don't expect to be getting any [of the money] back." Such revelations have resulted in a run on banks operated by one of the fraudsters. This is a tragic state of affairs for those involved, a quality linked to the 8th lord of endings.
On top of that the US stock market took a dive and more banks went bankrupt. In total, trillions of assets in the US economy have been wiped out last year. This was also predicted as explained in the articles More accurate stock market predictions and Crisis in the fall.
The following news stories report some recent cases involving significant amounts of wealth of private investors or public funds being destroyed in recent months, involving the evaporation of also what were thought to be easy gains.
Trillions of Dollars Gone
Sunday, January 11, 2009
Seven trillion dollars. That's how much wealth evaporated from the stock market last year.
Former Nasdaq chairman charged with fraud
December 11, 2008 -- Updated 0436 GMT (1236 HKT)
NEW YORK (CNN) -- Former Nasdaq chairman Bernard Madoff was arrested Thursday and charged with a single count of securities fraud for allegedly operating a multibillion-dollar Ponzi scheme from his investment advisory business, federal authorities said.
Five charged over US Iraq 'scam'
Wednesday, 7 February 2007, 22:22 GMT
BBC - A US court has charged three reserve army officers and two civilians with using millions of dollars of Iraq reconstruction money for personal gain. The group are accused of directing at least $8m (£4m) to a construction firm run by a US businessman in return for luxuries such as cars and jewellery. The officers were responsible for supervising how some $26bn was spent on reconstruction projects in Iraq. One man has already been jailed and another awaits sentence over the scam.
Stanford saga prompts run on banks
February 19, 2009 -- Updated 1321 GMT (2121 HKT)
(CNN) -- Politicians and banking regulators across Latin American and the Caribbean called for calm Wednesday after panicked investors pulled their money from banks owned by the Stanford Group, whose owner is accused in a multibillion dollar investment and sales fraud scheme.
In addition we should note that the recent conjunction of Jupiter and Rahu in Capricorn, with Jupiter ruling finance and Rahu ruling manipulation, was associated with a number of these frauds being revealed at this time. Also this has been predicted on the SAMVA discussion list.
Burned investors sound off on Madoff