Panic and Investment
The word "panic" is derived from the Greek god Pan, who dwelled in a dark and doorless cave, implying that the god resides in the most inaccessible realm of the unconscious. Only crisis can break through the wall into his secret chamber. He amused himself by giving the lonely traveler sudden frights, thus the universal association. He was despised by the other gods, but they enjoyed exploiting his powers. Apollo wheedled the art of prophecy from him, and Hermes copied a pipe from Pan claiming it as his own invention, then sold it to Apollo. Thus the brilliant sun god received both his music and his prophecy from the ugly and untamed god of nature.
Is it all wrong? Or is it all right? I can only fiddle with the details of my own life, correcting them as I go, assuming that the larger entity over which I have no control is correcting itself. And so another stock market panic has come, and as history determines, a correction is due in time. What's wrong seems to fix itself.
I have a South Node in Scorpio in the 7th house, and I withdrew all my money from the stock market because I'm learning not to merge with others this lifetime.
But most people have to learn that and Pluto, Scorpio, and the 8th house govern shared resources -- stocks, bonds, business merging, and all assorted investments. When bonded in this manner, an emotional and sexual aspect is included, and shared joy and panic is often the result. Greed, lust, ecstasy, agony loss, gain, decay, and growth are all part and parcel of the thing.
I think panic can be a temporary benefit as a bridge to necessary action but beyond the initial burst it probably becomes destructive. With Pluto ending in Sagittarius and Uranus in Pisces coming into opposition to Saturn, panic is the rage, even for the uninvested. The full moon in Pisces conjunct Uranus set off the Uranus-Neptune mutual reception as well, and this could mean that some of the fears are ungrounded. Not that they aren't needed as awakening, and of course, some are valid.
Pluto is coming into Capricorn, ruling the established financial systems, so this is largely what the next years are going to be concerned with. A reckoning with all kinds of group investments. Pluto brings the detritus to the surface but at the same time the healthy replacement is woven into the whole. So while some suffer great loss, others grow and gain as with all circumstance.
You can see that quite well with the passage of Pluto through Sagittarius. Culture and holy wars brought up decay, but all the while remedial acts were underway. The result is evidenced by the control and diminishing of the Catholic Church, the revolution set into motion in the Islamic world, and by the advances in American culture seen in the emergence of the first minority candidate for the presidency in history.
So panic is nudging the nation into the next phase, and how that goes remains to be seen. There are some interesting facts to consider.
Barack Obama has Scorpio on the natural Capricorn 10th house cusp, so his destiny is well connected to this kind of merging and transformation. It is most evident in his huge magnificently run campaign, including his fundraising ability and his expert management of the money. Most investors are satisfied with how he spends their money, and the group particiption of workers at ground level is creating enormous power and energy in its consolidation. All Saturn-Pluto. It's likely that this skill will be extremely beneficial in tackling the challenges ahead with Pluto in Capricorn, and as I said earlier, his Saturn in Capricorn conjuncts US Pluto.
Also there's Joe Biden with his four Scorpio planets, Sun-Venus exactly conjunct Barack's midheaven. A reform of the system is a possibility. Behind the scenes are legislators who are eager to participate in such a transformation, perhaps preparing a new government for the first Pluto return.
When FDR came into office to deal with the Depression, Uranus was in Aries for innovation and when it went into Taurus, a lot of the problems were solved. He had four planets in Taurus square an Aquarius stellium so he was the man of the time delivering practical financial solutions to the collective. In ten years Uranus will be in Taurus again trine Pluto in Capricorn. It will be interesting to see who the leader is then.
One good thing at present is Joe Biden's Moon in Taurus, an innate feel for money and it's use. I think he'll be a good model of reasonable money management, considering he has about the least amount of wealth of anyone in Congress, living simply with values like ordinary people in the country. This could be part of the preparation in developing a more modest approach to consumption and investment in the coming years.
The thing I like about that bestial scary Pan is his key to the unconscious cave where frightful crisis strikes, then leads to the enlightenment of Apollo. No matter than the pipe was stolen. You know you can't trust that sprite Hermes. He's good at commerce though.
From The Mythic Tarot: Liz Greene. Illustration: Juliet Sharman-Burke