YEAR OF THE DRAGON 2024 – PART 2

The predictions for this Year of the Dragon are fairly lengthy, so we will post them in two parts. Part 1 looks at the economy and the presidential election in the United States. This Part 2 considers other matters that may be important in the coming year.

Before we begin this discussion, here is an executive summary of the predictions from both Parts 1and 2:

PREDICTIONS

  1. The United States will see lower inflation and lower unemployment.

  1. Stocks will rise, with the Dow Jones Industrial Average moving well above 40,000.

  1. There will be no recession.

  1. Joe Biden and Donald Trump may not be the candidates for president in the November election.

  1. The candidate nominated by the Democrats, whether Joe Biden or someone else, will most likely win the presidential election. However, Grover Cleveland’s election to a non-consecutive term in a previous Dragon year shows that Mr. Trump may have a chance for an upset.

  1. There is an increased danger of flooding.

  1. Advances will be made that relate to transportation, but there will be travel disasters, such as airplane crashes and bus or shipping accidents.

  1. Like every year in the United States, there will be mass shootings, some of which may occur at schools.

  1. Progress will be made with respect to civil rights and relations between races. The progress will not be smooth, and we may see racial violence and even genocide.

  1. Expect impressive technological advances, probably in such fields as artificial intelligence, electric vehicles and space travel.

  1. The war in Ukraine will drag on, with Russia getting the worst of it

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YEAR OF THE DRAGON 2024 – PART 1

The predictions for this Year of the Dragon are fairly lengthy, so we will post them in two parts. This Part 1 looks at the economy and the presidential election in the United States. Part 2 considers other matters that may be important in the coming year.

The Chinese (Oriental, lunar) New Year begins on February 10, 2024. Based upon a progression of years moving in a 12-year cycle – each year associated with a particular animal – this is the Year of the Dragon. The most recent Dragon year was 12 years ago, in 2012. Each year is also associated with one of the five elements – wood, fire, earth, metal and water – and this is going to be a wood year. It is the Year of the Wood Dragon. Combining those two cycles, one sees that the Year of the Wood Dragon repeats every 60 years (12 x 5). The most recent Year of the Wood Dragon was 1964.

What will this new year bring? That is always an interesting question. In this post we will make some predictions, and then see what really happens. These predictions are not based on astrology or psychic abilities; they are based on analyzing cycles. Assuming that there is a basis for the cycles that are recognized in Chinese astrology, it should be possible to look at what has occurred in similar past years and extrapolate what may be coming in the future. That is the approach we are taking here.

You may wonder how accurate this method of predicting has been. Well, the track record is pretty good. Last year – the Year of the Rabbit – began with almost every economist and pundit predicting a recession and a bad year for the stock market. Looking at the cycles, though, we said that there would not be a recession and that the Dow Jones Industrial Average could reach an all-time high. Both of those things came to pass.

We also warned that Turkey and Ecuador were prone to major earthquakes. Well a devastating earthquake, measuring 7.7 on the Richter scale, struck in Turkey only days after the Year of the Rabbit began, causing some 60,000 deaths and incredible damage. Only a month later, a strong earthquake measuring 6.8 was experienced in Ecuador. It caused extensive damage, but only a few deaths.

Other predictions were also accurate, but we should turn now to the predictions for the coming year.  Here is an executive summary of all the predictions:

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YEAR OF THE TIGER – 2022

Back in the 1960s, folk singer Len Chandler wrote a song called “Time of the Tiger” (there is a link to that song at the end of this post). It begins: “This is the time of the tiger/Here alone as he lays with the lamb/The tiger’s just flexing his muscles/The tiger’s just licking his fangs.”

That may be a good metaphor for the upcoming Year of the Tiger, which begins on February 1, 2022. There can be periods that seem calm and placid, but beneath that surface is a wild animal that may lash out violently at any time.

As you probably know, Oriental astrology is based on a cycle of 12 years, each of which is named after an animal. The order of the years in each cycle is: Rat, Ox, Tiger, Rabbit or Cat, Dragon, Snake, Horse, Goat or Sheep, Monkey, Rooster, Dog and Pig. The coming year is the third in the cycle that began in 2020.

The Year of the Rat (2020) was a troubling one with the onset of the Covid pandemic and a contentious presidential election in the United States. The Year of the Ox (2021) continued those same problems as certain Republicans pushed “the Big Lie” that the election had been marred by fraud and COVID-19 intensified through a number of variants. We could only hope that the Year of the Tiger would be better, but I’m not convinced that it will. I think we are in for another difficult year in a difficult cycle. Continue reading