How Long Economic Slowdown / Recession Would Last ?

This is a reproduction of my Quora answer on 26 August 2019 How long will the 2020 economic recession last?

Astrologically speaking , when major planets Jupiter and Saturn are under eclipse by Rahu, Ketu , world economy undergoes some sort of scams , crashes or recession. It happens every 6–7 years.

It had happened in 2008–09 , 2013–14 and now it is happening in 2019–20 in current Saturn Ketu conjunction, followed by Jupiter-Ketu conjunction.

We forget past easily so we think only about current crisis as all time worst.

500,000 jobs lost to recession in three months: study

2013 was also a very bad year for Indian economy , when dollar reached Rs 68 from 60 in 8 days in August 2013 , foreign exchange reserve had taken a plunge , industries were shutting , job losses were rampant and country was under political depression under FM Chidambaram and PM Manmohan Singh. Stock market Nifty index fell 18% in 2013 to 5200 from high of 6200 in just few months .

See this report of March 2013 when situation was similar to today’s.

https://www.indiatoday.in/busine…

See this report of gloom in August 2013 when Saturn was in Libra with same degree of Rahu .

Global stocks fell on Tuesday after US Secretary of State John Kerry said the US President will hold Syria’s government accountable for using chemical weapons against Syrian civilians.

The market sentiment was also affected adversely by data showing that foreign funds remained net sellers of Indian stocks on Monday, 26 August 2013. Foreign institutional investors (FIIs) sold shares worth a net Rs 607.43 crore on Monday, 26 August 2013, as per provisional data from the stock exchanges.

Meanwhile, the rupee trimmed losses after weakening past 66 against the dollar to hit record low today, 27 August 2013. The partially convertible rupee was trading at 65.80 per dollar, sharply lower than its close of 64.30 on Monday, 26 August 2013. Rupee depreciation fuels inflation, increases import bill and current account deficit. It also increases the government’s spending on fuel subsidies, potentially widening the fiscal deficit.

The market is expected to remain volatile for the next two trading sessions as traders roll over positions in the futures & options (F&O) segment from the near month August 2013 series to September 2013 series. The near month August 2013 derivatives contract expire on Thursday, 29 August 2013.

The S&P BSE Sensex fell 590.05 points or 3.18% to 17,968.08, its lowest closing level since 21 August 2013. The index tumbled 636.31 points at the day’s low of 17,921.82 in late trade. The index declined 97.41 points at the day’s high of 18,460.72 in early trade.

The CNX Nifty fell 189.05 points or 3.45% to 5,287.45, its lowest closing level since 6 September 2012. The index hit a low of 5,274.25 in intraday trade. The index hit a high of 5,427.40 in intraday trade.

Read this dismal scenario of Automobiles sector in 2013 Auto industry: running out of gas?

Before that, 2008–09 had Jupiter-Rahu conjunction.

This year we again have Saturn and Ketu conjunction during 2019–20 with degree conjunction ( peak condition)  happening in last week of Sept 2019 and we are experiencing fall in stock market, automobile sales, job losses , Kashmir conflict , China – US trade war , Hong Kong reactions .

This will last for another 6 months or maximum another year as Jupiter-Ketu will follow from November 2019 till Sept 2020 . This was already predicted by me to people since 2017 onward who took financial astrology classes.

As far as impact on Indian Economy is concerned , it will absorb this shock as it did in 2008, 2013, 2016.

 

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