Archive for May, 2012

In Between the Eclipses and Astrology Forecast for May 27-June 2

Posted in Uncategorized with tags , , , , , , on May 26, 2012 by spiritualtherapy

by Leo Knighton Tallarico

The eclipse season is up and running now, as we are past the first eclipse and this Monday May 28 we will be half way to the second one, a Lunar Eclipse Full Moon on June 4.

Each time we move through powerful planetary movements, as we are now in the late spring 2012; another big chink is made in the armor of the Old Paradigm’s world.

Events bring to the surface issues that need to be addressed, issues that reflect our collective need to transform toxic patterns and beliefs that do not serve us anymore.

In the greater world, Iran is being singled out as a threat to the Old Paradigm’s control. There was a meeting on May 23 this past week to resolve the outstanding Iranian nuclear issues, with no sign of a breakthrough.     There is a new meeting scheduled for June 18-19. Remenber that eclipse seasons usually give us breakdowns or breakthroughs, so soon we will know which way that goes.  World oil prices, the global economy, and geopolitical military issues are at stake.

In the global economy, news out this past week shows potential big trouble in Greece with its continuation in the European Union. If they leave, that will greatly affect the global economy.

In Egypt, which was a powerful player in the Arab Spring liberation movement in 2011, they had their first real democratic presidential election ever this past week.  Results are still not final, but it looks as if one of the Old Guard’s leaders will be in a runoff election on June 16-17 with the Muslim Brotherhood’s candidate. Egypt and much of the world will be greatly affected by the results.  If the Old Guard Leader wins, revolution will break out again in Egypt.  If the Muslim Brotherhood candidate wins, an Islamic world domination of the Middle East will occur, which will move Egypt away from the western world powers’ control. Israel will be greatly affected also.

So that Perfect Storm we suggested would build in the Eclipse Season is truly building. How strong it gets remains to be seen.

We wrote to you also in earlier posts that June 19 to June 28 would be the time frame for the end of the Eclipse Season and the beginning of a new chapter in all of our lives would follow that time period.

I believe then we will have much better knowledge of Iran, the global economy, the Middle East, and the big shift of our world from an old Pisces Age and Paradigm to a New Aquarian Age Paradigm.

In your own life whatever has been shaking up and getting your notice, will continue to develop and want to work itself out soon.

Next week will be the Lunar Eclipse Full Moon in Gemini/Sagittarius and some form or feeling of revelation or culmination will unfold.  Recent information or messages or signs will be challenged to find resolution or meaning or inspiration.    Spirits will be raised higher, seeking new projects or adventures to be starting soon.

But first, this coming week we meet the half way point between the two eclipses, a beginning second quarter Moon in Virgo this Monday May 28.  With the Sun in Gemini and the Moon in Virgo, energies will centered in our minds and nervous systems.  There will be a tendency to want to “figure it all out” and some will need to resist the pull into obsessive compulsive thinking and high anxiety.

Do your best to “let it go” and be patient.   Overall we need to trust more and more the process, and not jump to conclusions too fast.

Many people may be feeling quite differently in their bodies now in thisw eclipse season, but resist the temptation to pathologize and find something wrong with your self. Sometimes these new energies are trying to move through us and they find resistance in our bodies.   Later these energies will pass and so will whatever bodily ailment that has developed. These are times to release, not hold.

So let go and release what needs to be released, so new and healthier states  and patterns can be formed.

Remember also that Venus will remain retrograde until June 27, so relationships issues are in the spotlight, relationships of all types, not only romantic ones.

People from the past and issues and patterns from the past may return. Do not let your self believe that all your progress was in vain.  Sometimes we need to revisit old ways and people to compare and to further release where we have been in previous cycles and seasons of our lives.

You are best not to return to the old relationship or old ways that you used to relate.  There is a need to trust the Universe, life and your self, to bring to you what is best for you and your soul.  It is not always the script we have convinced ourselves is best for us. It is not usually the script our family or society has programmed us to believe is best for us.

The nuclear family dominance is fading from our lives and for many is already in the rear view mirror. New families and communities are and will be forming, ones that are not based solely on blood relations and simple biology.  Bio-genetics, stem cell research, many new ways to give birth, gay and lesbian families, adoptions, and safer birth controls are revolutionizing our world.

Great thrusts forward in technology and social networking are transforming our world community and are so in line and aligned with Aquarian principles.

One of our most pressing needs now is to integrate this technological revolution that has been tranforming our human community for over 20 years now, with healing our Earth and environment, and staying present, aware and grounded in our human psyches, emotions, and relationships.

We need also to learn more about how to use alternative energy, work better with climate change, connect more compassionately and  tolerantly with those who are different and have different lifestyles than us.

We have so much to do to transform our world to be aligned with the Aquarian Age energies and patterns that are straining to find doors and windows to move through into our consciousness and lives.

Use this eclipse season to transform your own life more aligned with the New Paradigm that is forming. Release your old mental tapes, heal the blocks and wounds to your heart, and come more deeply into your soul. Let your free mind awaken, liberate your spirit, and trust the waves of change to bring you to a more authentic and healthy life.    You are here for a reason on this Earth, living a life of meaning and purpose, connected to the Universe  and your human community.

See you next week,

Leo

There is a radio show that was broadcast live on Saturday May 19 at 1 PM EDT on blog talk radio. You can listen to it anytime afterward also. A new show will be broadcast on June 2 at 1 PM EDT.   And here is  the link to YouTube talk I gave recently at Spiritual Renaissance Center.

Please feel free to find more writings and my services on my website.

You can get an astrological consultation with me during these changing times to help you on your path and with your life. Please write soulus@aol.com for more info.

Leo Knighton Tallarico is a full time professional astrologer, spiritual guide, counselor, and writer for over 25 years.

He predicted the Iraq War of 2003- in early 2001 when Bush first took office; predicted the 9-11 attacks with an article “The Tower”, written in June 2001. He predicted Obama and McCain would get the presidential nominations in november 2007, when both were low in the polls; and correctly predicted the current economic downturn before it occurred

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Solar Eclipse New Moon in Gemini and Astrology Forecast May 20-26

Posted in Uncategorized with tags , , , , , , , , , on May 19, 2012 by spiritualtherapy

by Leo Knighton Tallarico

On Sunday May 20 at 7:47 PM EDT there a Solar Eclipse New Moon at 0+ degrees of Gemini.  It is an annular eclipse, meaning that the Moon will not fully be covering the Sun. The Sun will show a ring around the darkened Moon. Approximately 86% of the Sun will be covered.

This eclipse can be seen in much of the USA.  Its path will be from Japan down through Oregon and California and then through much of the Southwest USA.  The Midwest USA will see a partial eclipse. On the East coast USA the eclipse will not seen as the Sun will have just set.   Though there are at least 2 Solar Eclipses every year, there has not been one seen in the USA for about 18 years.

Astrologically speaking, eclipses are powerful events that shake up our usual sense of balance, intensify the energy field, and often bring breakdowns and breakthroughs that allow for change to move through our lives.

It seems to me that over the last few years “Eclipse Seasons” have gotten more and more powerful.  There are more important world events that occur, and people’s individual lives are more affected.

This Eclipse Season , which started approximately 2 or 3 weeks ago will keep up the intensity though June.  The resulting events will manifest for months afterwards.

In the bigger picture we are moving from a Pisces Age begun over 2000 years ago, to an Aquarian Age we are the cusp of. Most estimates are that we will pass through that portal sometime this century. I believe 2020 is a good marking point for the beginning of the Age, when Jupiter conjuncts Saturn at 0+ degrees of Aquarius.  I also believe that the intensity and importance of the recent eclipses has risen because we are so close to the beginnings of the Aquarian Age.

The Aquarian Age, like the sign Aquarius, signifies equality, individuality, liberation, and community.  It is Diversity in Unity.  It is about individual entities being self determining, not controlled by outside forces of authority.

Uranus, the ruler of Aquarius, was discovered in 1781, a time when two powerful revolutions were being born, the French and American revolutions.  The USA, which has its natal Moon from July 4, 1776 in Aquarius, broke away from the tyranny of Britain and its King.

Aquarius is about power to the people of the world, not royalty, or privilege, or mega corporations or dictators or governments or empires or military/industrial complexes.  These empowered and individualized peoples become stewards of the Earth and form a decentralized, yet unified world community.

We are far from this reality now, though the internet is kind of a model of the networked community that is possible for this Aquarian Age.

Since we are so far away from this reality, there will be many powerful events that shake up our current reality and power structure.  The global economy and world military structure must break down and transform dramatically to allow doors to open that will bring in a new paradigm and way of living on this Earth.

So when powerful planetary events, like this eclipse spring/summer season with two eclipses, Venus Retrograde, and Uranus square Pluto, we can expect events that skake up the old ways and bring in new light for a New Age.

Expect shakeups to our economy and the institutions and people that run this world.  Troubles in Europe are threatening the stability of the global economic system, troubles with Iran are shaking up the military and economic system that controls our world.

This weekend, when the Solar Eclipse happens, there is a Nato meeting in Chicago.  Of course Nato is a huge military power structure that dominates much of the world. There will be a very strong security structure in place in Chicago to protect the meeting from aniticipated massive Protests and potential Terrorist attacks. Keep your eye on this event as it happens on the eclipse weekend.

On May 23 there is an important meeting between world powers and Iran.  There is word out that an agreement is at hand that seeks to keep Israel from bombing Iran, which would cause a massive threat to the economy, oil distribution and prices, and safety in the world. Israel is expected to be upset with the potential agreement, because it believes the agreement will not stop Iran from building a bomb.  It may still act and bomb Iran.

There are also many expected events and information concerning the economic stability of Greece and other European countries during the Eclipse season.

The cultural “civil war’ in the USA, which has been stoked by President Obama’s approval of Gay and Lesbian marriage, will also be in the spotlight during this Eclipse Season.

The first eclipse this Sunday May 20 is in Gemini. This suggests that mental and nervous energies will be in high gear.  Neptune in Pisces is square to the Gemini New Moon. This could bring confusion and mental instability to some. For others there will be tremendous ability to get new and imaginative ideas, to think in new ways. For many both confusion and mental “craziness” will be combined with new and ingenious thinking.

Communication will also be highlighted surrounding the May 20 eclipse.    Conversations may be more lively, yet because of the eclipse and Neptune square some conversations may be overwhelming with information or confusing and crazy making.

If you are a Sun in Gemini person you probably already know what is like to sometimes be overwhelmed or scattered in your thinking, with your nervous system in high anxiety.  This eclipse may stoke those fires of rapid mental and nervous system activity.  Use this Eclipse New Moon to allow new information and ideas, but keep yourself as focused and grounded as possible.

Remember also that Venus is retrograde now in Gemini also, so social interaction could be quite lively.  Keep in mind that Venus retrograde also means that relationship and heart issues are in the spotlight, and old patterns of behavior could be more obvious.

Venus retrograde will help us to address these old relationship patterns and to hopefully transform them to more healthier forms of expression. If you have been putting off dealing with important issues in your relationships, Venus Retrograde time will bring them back up to be dealt with again.

Remember that this Gemini Eclipse is a New Moon, so many will be beginning new ventures in their lives around this time, new classes, new social activities, new relationships. New beginnings of any type will be much more powerful and more important than the usual New Moon new beginnings because an Eclipse New Moon has much more whallop than the usual new moon.

Opportunities for positive change get greater now, so open up and get on the ride.   If you have been previously bored, you will soon not be bored anymore. If you have felt previously like nothing is moving forward, now you will feel life moving forward again.

There is a new radio show broadcast live on Saturday May 19 at 1 PM EDT on blog talk radio. You can listen to it anytime afterward also. And here is the the link to YouTube talk I gave recently at Spiritual Renaissance Center.

See you next week,

Leo

Please feel free to find more writings and my services on my website. You can get an astrological consultation with me during these changing times to help you on your path and with your life. Please write soulus@aol.com for more info.

Leo Knighton Tallarico is a full time professional astrologer, spiritual guide, counselor, and writer for over 25 years.

He predicted the Iraq War of 2003- in early 2001 when Bush first took office; predicted the 9-11 attacks with an article “The Tower”, written in June 2001. He predicted Obama and McCain would get the presidential nominations in november 2007, when both were low in the polls; and correctly predicted the current economic downturn before it occurred

Venus Retrograde, the Eclipse Season, Same Sex Marriage, and Astrology Forecast for May 13-19

Posted in Uncategorized with tags , , , , , , , , , , , , , on May 12, 2012 by spiritualtherapy

by Leo Knighton Tallarico

The winds of  Eclipse Season Spring 2012 blow in stronger now.  Today Saturday May 12 we enter the last quarter of the  lunar cycle that precedes the Solar Eclipse New Moon in Gemini on May 20.

Last week powerful transformation was already beginning when President Obama told the world he was in favor of gays and lesbians having the right to get married.   This is the kind of breakthrough that represents Eclipse Seasons, except it is even more important than the usual Eclipse Season event.  The rapidly approaching Uranus/Pluto square figures into this transformative moment in time.

No president has ever come out so strongly in favor of equality for the LGBT community. This is the civil rights equivalent to President Johnson’s actions to getting the Civil Rights Act for black Americans in 1965.

In 1965 there was the first pass of Uranus conjunct Pluto in Virgo, the last major meeting of these two transformational planetary giants.  The Uranus/Pluto conjunction in 1965-1966 symbolized the beginning of the ’60s revolution.  The Viet Nam War, which galvanized a protest movement against war, had its beginning in 1965 also.

Aquarius/Let the Sun Shine In  song came out in the mid ’60s, singing about the Dawning of the Age of Aquarius.   Aquarius is about equality and Diversity in Unity.  Obama’s declaration this last week opens the door to a powerful wave of civil rights transformation for quite arguably the last major group to be excluded from equal rights in this country, the LGBT community.

And hopefully Obama’s righteous move this past week will open the gates all over the world to greater equality and compassion for our gay and lesbian brothers and sisters in our human world family.  Some countries in the world are much worse than the USA in their hatred for the homosexual community.  Gay men especially are horribly tortured in much of the world.

But keep in mind that now, just as in the ’60s when efforts to give  blacks and women equal rights were met with such ferocious backlash, the fight has just begun.

There is kind of a “civil war” brewing, a cultural civil war.  And this issue of equality for gays and lesbians will be front and center in this civil war.  This fight may get rather vicious, and much of the South is already drawing a line in the Mason/Dixon sand.

North Carolina synchronistically this past week overwhelmingly voted to ban both marriage and civil unions for same sex couples.  North Carolina is where the Democratic Party has planned to hold its convention to renominate Obama this summer.   How ironic that is, since Obama made his declaration this week in favor of such unions. Some are saying that North Carolina may be reconsidered as the venue for the convention.

Back in 2008 I let readers know I believed it was quite possible that the long and lanky Obama was the reincarnation of Abraham Lincoln.    And of course it would be poetic justice that the reincarnation of the man who signed the Emancipation Proclamation for black slaves would be the first black president of the USA. In fact what is even more poetic is that President Obama is an equal combination of black and white, true equality.  And he is now opening the gates much wider for liberation of our homosexual community.

And now comes the “civil war” again, hopefully this time without the guns and killing.  Just as in the 1860’s civil war of north against south, there is an old aristocracy that clings to power and privilege, and seeks to deny others equal rights and fair treatment.

To be fair, it is not easy to change one’s way of living life so easily. People have been programmed by their local cultures and religions to perceive people and life in a certain way. These perceptions are not easy to change.   Many changes in the ’60s happened through great turmoil and challenge.

We let you know last week that liberation was a key word for this eclipse season. Besides what happened with Obama and equal rights for gays and lesbians, Egypt had their first ever televised Presidential debate this past week. Since the Arab Spring last year,  Egypt will now have its first ever fair election later this year.  In your own life also be open to liberation,  so watch for where you can find ways for your heart and mind to be more free of the shackles of programming from society and family.

Release and let go of whatever is oppressing and controlling your free spirit, mind and soul.  You have an inalienable right to be free to be self determining and to express your authenticity.  You can let go and release the ties that bind you to people and situations that hold your true self and purposeful life hostage.

Use this eclipse season, which also includes Uranus square Pluto late in June and Venus Retrograde beginning this coming week, to evolve your consciousness and life.

Venus goes retrograde this Tuesday May 15 at 10:33 AM at 23+ degrees of Gemini. It will go back direct on June 27.   Venus retrograde is a time to reexamine heart issues and relationships in your life.   It is a good time to truly go more deeply into your relationships and the patterns of those relationships that you seek to transform.   Often there is a kind of rewind into relationships past, remembering how it used to be.  It is common for there to be  memories or dreams of past relationships, and sometimes people will actually come back for a visit into our lives.

New relationships also often crop up during Venus Retrograde, yet they are mostly good to help us to better understand our old relationship patterns. It is not generally advised to get married or make a life long relationship commitment during Venus Retrograde, but it is a good time to make our relationships more healthy and work better. Relationship counseling is most effective during Venus Retrograde. It is a good time delve deeper to find out if you will need to go further with the relationship or change it or end it.

Remember back to October/November 2010 if you can, as that was the last time we experienced Venus Retrograde. Venus was in Scorpio that time. There was no Eclipse Season back then to coincide with Venus Retrograde, which brings much more power to the passage.

As we get closer to the first eclipse, a Solar Eclipse New Moon in Gemini a week from Sunday on May 2o, more and more world events will pop up that represent big change in our world.

World Powers and Iran meet on May 23, just a few days after the Solar Eclipse and less than two weeks before the second eclipse, a Lunar Eclipse Full Moon on June 4 in Sagittarius.   That meeting will be a very important crossroads time, as Israel is already planning a possible attack on Iran this year.

Another major event possibly forming with a conflict in Iran into the Perfect Storm I wrote about a couple months ago, is the economic challenges in Europe.  Greece and France may be a taking a U-turn out of the Euro zone economic packages that were meant to “save” the European economies from default and disaster.   This could turn into a major challenge for the USA and world economy, and combined with conflict in Iran, could bring major transformation to our world. If not during the Eclipse Season, not long afterwards.

So get yourself ready this week during a last quarter moon phase.   It is time to release and let go and get ready for the new beginnings at this New Moon Solar Eclipse next week May 20. Solar Eclipses are always new moons with exponentially much more power than the usual new moon. So the new beginnings that occur during the lunar cycle from May 20- June 19 will be quite important in your life.

We will discuss this Solar Eclipse in more detail in next week’s forecast. I will also host a radio broadcast next Saturday May 19 at 1 PM EDT streamed live.  The link to that show can be found below. I also did a talk at our Spiritual Renaissance Center that will be on YouTube sometime this week. That link will also be posted below once the new YouTube channel is complete.

See you next week,

Leo

Please feel free to find more writings and my services on my website. You can get an astrological consultation with me during these changing times to help you on your path and with your life. Please write soulus@aol.com for more info.

There will be a new radio show broadcast live on Saturday May 19 at 1 PM EDT on blog talk radio.   Here is the the link to YouTube talk I gave recently.

Leo Knighton Tallarico is a full time professional astrologer, spiritual guide, counselor, and writer for over 25 years.

He predicted the Iraq War of 2003- in early 2001 when Bush first took office; predicted the 9-11 attacks with an article “The Tower”, written in June 2001. He predicted Obama and McCain would get the presidential nominations in november 2007, when both were low in the polls; and correctly predicted the current economic downturn before it occurred

Liberation and Astrology Forecast for May 6-13

Posted in Uncategorized with tags , , , , , , , , , on May 5, 2012 by spiritualtherapy

by Leo Knighton Tallarico

Today is the Wesak Full Moon, which comes every year as a Full Moon in Scorpio. So it is always a rather intense Full Moon.  Many consider it connected to the Buddha and celebrate it as an annual spiritual initiation.

It always is a combination of the Sun in Taurus and the Moon in Scorpio, so it often has people in “tugs of war” with one another,as Taurus can be stubborn and Scorpio can be explosive.

This Wesak Full Moon is at 11:35 PM EDT tonight on May 5th; it is earlier that day in the rest of the USA; and May 6 in much of the rest of the world.

This year it is a fairly good marking point for the beginning waves of change of the Eclipse Season.  The first eclipse is a Solar Eclipse New Moon two weeks away on May 20. That first eclipse is at 0+ degrees of Gemini, and those born around that date in any year will certainly experience the intensity of this planetary event.

Their lives and/or consciousness will feel a big shift, they will be taken off of their usual balance, and will be in position to let in new waves of change.

This is a general scenario for everyone during the eclipse season, but of course those connected more closely from their natal charts to the Eclipse points will be more affected.

Before that first eclipse Venus turns retrograde on May 15, putting out red flags for relationships and old relationship patterns. That retrograde movement begins at 23+ degrees of Gemini.

So energies will intensify as we move closer and closer to that first eclipse on May 20, and they will stay that way through the second eclipse, a Full Moon Lunar Eclipse in Gemini/Sagittarius on June 4 at 7:12 AM EDT.  That one is at 14+ degrees of the Sun in Gemini and the Moon in Sagittarius.

Adding to all the changing energies for Gemini, Jupiter will go into Gemini on June 11, where it will stay for a whole year. It has been 12 years since the last time Jupiter was in Gemini.   So if you are a Sun in Gemini or have your Moon or other planets in Gemini you will have shifting tides coming your way.

The waves of change will stay strong for everyone even after that,  as we get closer to the annual Summer Solstice, which this year falls on June 20 at 7:09 PM EDT.   Intensity will still stay strong after that as there is a major turning point from June 19- June 28.

During that time there is a second New Moon in Gemini on June 19, the Summer Solstice on June 20, Uranus square Pluto on June 24, Saturn Direct on June 25 and Venus going back Direct on June 27.

Whatever shifts and shakes up during the eclipse season will generally begin to take shape during this June 19-28 period.  Many people will start moving forward into a new  chapter of their lives after that.

So this coming week, after the Wesak Full Moon, let in the new waves of change.    Active energies will be increasing, especially after that first eclipse on May 20.   New ideas and inspirations will be coming your way.

Relationship changes, social activity, and communication issues will be prevalent in our lives during the next couple of months. Spirits will be rising, people will be rising up to break out of oppressive situations.  Needs for freedom and liberation from old stuck patterns, places, and relationships will be stronger than ever.

In the greater world events will explode into view.   Old Walls that capture us within an old System and old Paradigm will begin to fall.   Whatever is breaking down will help us all to leave the oppressiveness of our hearts, minds, and souls feeling like they are owned by some person, job, country or world.

The transformation that will be swirling through our lives has at it core the light, energies, and patterns of an Aquarian Age trying to find openings in our hearts, minds, and world structures.  These openings will be doorways for these new energies to pour through so we can birth that New Age.

This Earth is for self actualized and authentic individuals who no longer need dictators or royalty or privileged authorities or governments or mega-corporations or religious authorities or conventional “wisdom” or gurus or anything outside themselves to tell them who or what to be, give allegiance to or believe in.

This world is for you and me and all our brothers and sisters all over the world.   People will rise up in freedom and take responsibility for themselves and for the human community and our Earth.   The old ways are not healthy or truly functional. They are mostly empty structures lacking heart and soul and wisdom and dignity and care for one another.

These old ways keep people in power who answer mostly to old rules for living, old rules that keep privileged people in control of all our lives.

They make decisions without our approval, and they do not tell us what is truly going on behind the scenes. They do not give us the information of truth because they say it is for our own good not to know.

This is why our forefathers and foremothers fought for freedom and liberation from kings and queens back during the revolution. Well the revolution is not over.   We are ready to take back our own minds and hearts and to claim our rights as free citizens all over the world.

Last year there was an Arab Spring and Occupy Wall Street.    This year there will be more movement for liberation and it will continue for the next several years, into an Aquarian Age.

So in your own world, move with these powerful planetary aspects to transform your consciousness and life. Let go of people and situations that keep you chained to patterns that keep you from being authentic and free.  Use these astrological formations to break through into a life and consciousness that is connected to your true self, your deeper soul, the Universe, and your greater human community.

You were born for a reason, and you live in a meaningful Universe on a sacred Earth.   Use these times to commit your self to your True Self and the New World being born. Unhook your psyche from toxic energies and patterns from an old world paradigm that seek to own your heart and soul.

Use the Eclipse Season, we are on the cusp of,  to progress, transform and evolve your consciousness and life.

See you next week,

Leo

Please feel free to find more writings and my services on my website. You can get an astrological consultation with me during these changing times to help you on your path and with your life. Please write soulus@aol.com for more info.

There will be a new radio show broadcast live on Saturday May 19 at 1 PM EDT on blog talk radio. I will give you the link during this week, as well as a link to UTUBE for a talk I gave recently.

Leo Knighton Tallarico is a full time professional astrologer, spiritual guide, counselor, and writer for over 25 years.

He predicted the Iraq War of 2003- in early 2001 when Bush first took office; predicted the 9-11 attacks with an article “The Tower”, written in June 2001. He predicted Obama and McCain would get the presidential nominations in november 2007, when both were low in the polls; and correctly predicted the current economic downturn before it occurred