France has the misfortune to be in the centre of the calamitous Scheat storm in coming months. The government may fall next week if a confidence vote fails with Left and Right catching the prime minister in a vice as he attempts to address the problem of a massive national debt by controlling spending, cutting the number of public holidays, freezing income tax thresholds and limiting the rise in social security and pensions.
France this year had the third highest debt pile in the eurozone — after Greece and Italy — at 114 per cent of GDP. It’s budget deficit is the highest in the single currency area. With already high rates of taxation the problem is not revenue raising but swathes of inefficient and unproductive government spending.
Youth unemployment is over 15 per cent (UK 9 per cent); and the French are in a permanent state of anxiety over migration and the failures of integration.
France, 21 September 1792 3.30pm Paris, has its final degree Virgo Sun catching this September’s Virgo Solar Eclipse exactly for a full blown crisis before in in the following months. Plus over the winter tr Saturn and tr Neptune both square the France Virgo Sun for setbacks and high uncertainty.
The Banque de France chart with Uranus in late Virgo is also in line of the Eclipse and tr Saturn Neptune – so financial woes will mount.
Emmanuel Macron, 21 December 1977 10.40am with his Sun Mercury in final degree Sagittarius catches all of the above in hard aspect plus his Solar Arc Mars at 29 Virgo will be in a car-crash square to his Sun now and for the rest of this year.
His Second Term chart, 13 May 2022, has a Mars Neptune conjunction which is now closing to exact – which will turn a publicity-attracting term into an embarrassing failure.
If the PM Francis Bayrou’s confidence vote by a miracle survives he faces even more acute pressure in 2026.
There are increasing murmurs that the bond (debt) markets will be the ones who force decisions not just in France but also the UK and even more so the USA.
The post France – in the eye of the storm first appeared on Astroinform with Marjorie Orr – Star4cast.
