Feng Shui and European Debt Crisis (Eurozone Crisis) 2010-2012

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I am always hesitant to apply Feng Shui to something that is as financial as European Debt Crisis (Eurozone Crisis).  After all, a sovereign debt crisis is really a man-made crisis and factors causing a financial crisis are diverse.  But since Feng Shui does affect human behaviour (emotion), and financial crisis is also partly a result of wild swing in human emotion, there is a rationale behind using Feng Shui to explain a financial phenomenon.  

The sovereign debt crisis first surfaced in late 2010 when Dubai, an Emirate State, announced that it is unable to pay its debt.  The crisis then spread to Greece and Portugal.  At the height of the crisis in 2011, countries like Ireland, Spain and Italy also experienced a run in their sovereign bonds which saw their bond yields threatening to stratospheric levels before the ECB intervened to stabilize the markets.  The crisis effectively came to a halt (temporary?) after a positive outcome in Greece's election in June 2002 and ECB governor Mario Draghi made a verbal threat "to do whatever it takes" to stabilize the euro.  So how can Flying Star Feng Shui explain this financial crisis?

 

As mentioned in my piece on Feng Shui and Arab Spring 2011, several Southern European nations like Greece, Portugal, Spain and Italy saw political unrest resulting from the Sovereign Debt Crisis. In Flying Star Feng Shui, this is caused by the interaction of the annual Star No 7 (which represents violence and political upheavals) with annual Star No 5 and 8.  Northern European countries such as France and Germany are relatively unaffected by the crisis.    

As a financial investor, I am struck (and puzzled) by several fine points in this episode which would not have evaded the attention of most sophisticated investors.  The thing that stands out for me is that unlike their Southern counterparts, Northern European countries such as France and Germany were relatively unaffected by the crisis.   

In Flying Star Feng Shui, the geographic location of these countries lie outside the centre grid where the Star No 5, 7 and 8 are present in 2011.  Thus, these countries were not adversely affected by the negative effects from the interaction of these stars.  Hence, they did not suffer the same fate as their Southern counterparts.  

The flying stars which inflicted the North in 2011 were Star No 1, 3 and 4.  Star No 3 represents legal entanglement, dispute, stress, loss of wealth (quite similar to Star No 3 except there is no violence).  Thus, France, Germany and other Northern European countries have to lend financial support to their Southern counterparts, representing loss of wealth.  These countries came under heavy stress as well and there were a lot of dispute and political fight between them arising from the crisis.  However, they did not experience that kind of strikes or demonstrations or major upheavals in governments that their Southern counterparts face (represented by Star No 7).    

It is true that France and Germany's financial woes were less severe than their Southern counterparts.  However, France also has high public debt while Spain's public debt were not really high until their banks needed a government bailout.  Notably, Spain's financial system was relatively unscathed from the Great Financial Crisis in 2008.  So why were Spain so badly affected by the crisis while France was not?  Spain did have a much higher budget deficit than France but Italy has a smaller budget deficit (it actually runs a primary budget surplus) and yet was affected badly as well.  The current account positions of these countries also could not fully explain the difference in fate faced by these countries as Germany is the only major country in the Eurozone that runs a current account surplus in 2011.  

Is it a coincidence that Spain and Italy fall within the central Grid while France does not?  It is also interesting to note that both United Kingdom and United States also run nearly as high a budget deficit as Spain and current account deficits and yet both countries were also relatively unaffected.  Is the fact that both countries have their own currency a sufficient reason?  Or is it because there is also a Feng Shui factor in it?  Till today, I am not entirely convinced by the explanation given by the investment community.  I suspect we will see a further episode on this crisis, perhaps with Japan involved in it as well. 

(As a side note, U.S. enjoyed a safe haven status in 2011 as investors sought refuge in U.S. treasuries.  In Flying Star Feng Shui, Annual Star No 8 visited NorthWest (where U.S. is located) and thus U.S. benefited from this auspicious star in 2011). 

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