- Next Shemitah Year
- Shemitah 2015 Financial Collapse
- Shemitah 2015 Financial Collapse Projections
- Shemitah 2015 Financial Collapse 2020
- Shemitah 2015 Financial Collapse Plan
Michael Snyder
Economic Collapse
January 27, 2015
Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015? Could it be possible that the timing of major financial crashes is not just a matter of coincidence? In previous articleson my website, I have discussed some of the major economic and financial cycle theories and their proponents. For example, in an article entitled “If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States“, I examined a number of economic cycle theories that seem to indicate that the second half of this decade is going to be a nightmare economically. But the cycle that I am going to discuss in this article is a lot more controversial than any of those. In his most recent book, Jonathan Cahn has demonstrated that almost all of the major financial crashes in U.S. history are very closely tied to a seven year pattern that we find in the Bible known as “the Shemitah”. Since that book was released, I have been asked about this repeatedly during radio appearances. So in this article I am going to attempt to explain what the Shemitah is, and what this Biblical pattern seems to indicate may happen in 2015. If you are an atheist, an agnostic, or are generally skeptical by nature, this article might prove quite challenging for you. I would ask that you withhold judgment until you have examined the evidence. When I first heard about these things, I had to go verify the facts for myself, because they are truly extraordinary.
- SHEMITAH EXPOSED: Financial Crisis Planned For September 2015 August 26, 2015 Wall Street analysts have pondered the mystery of what appears to be a seven-year economic cycles.The five great economic crashes of the last 40 years – 1973, 1980, 1987, 2001 and 2008 – have all occurred in Shemitah years.
- In the article below, Marshall Swing refutes best-selling author Jonathan Cahn’s calculations for a coming Global Financial Collapse “Shemitah”, and States That the Date of the Global Financial Collapse May Be September 11, 2015!
So precisely what is “the Shemitah”?
In the Bible, the people of Israel were commanded to let the land lie fallow every seven years. There would be no sowing and no reaping, and this is something that God took very seriously. In fact, the failure to observe these Sabbath years was one of the main reasons cited in the Scriptures for why the Jewish people were exiled to Babylon in 586 BC.
But there was more to the Shemitah year than just letting the land lie fallow.
On the last day of the Shemitah year, the people of Israel were instructed to perform a releasing of debts. We find the following in Deuteronomy chapter 15…
At the end of every seven years you shall grant a relinquishing of debts. This is the manner of the relinquishing: Every creditor that has loaned anything to his neighbor shall relinquish it. He shall not exact it of his neighbor, or of his brother, because it is called the Lord’s relinquishment.
Marshall Swing was telling his readers the time frame of the Global Economic Crash of 2015 well in advance of Cahn's book on Shemitah being released in print in August 2014. The Shemitah year was also called the year of “release” in biblical times because the land was allowed to rest and the financial accounts were wiped clean once every seven years. Only two weeks into the new Shemitah year of 2014-2015, the U.S. Stock market has already shed hundreds of points.
Next Shemitah Year
This happened at the end of every seven years on Elul 29 – the day right before Rosh Hashanah on the Biblical calendar.
So what does this have to do with us today?
Well, if you go back to the last day of the Shemitah year in 2001, you will find that there was an absolutely horrifying stock market crash.
On September 17th, 2001 (which was Elul 29 on the Jewish calendar), we witnessed the greatest one day stock market crash in U.S. history up to that time. The Dow fell an astounding 684 points, and it was a record that held for precisely seven years until the end of the next Shemitah year.
At the end of the next Shemitah year in 2008, another horrifying stock market crash took place. On September 29th, 2008 the Dow plummeted 777 points, which still today remains the greatest one day stock market crash of all time. It turns out that September 29th, 2008 corresponded with Elul 29 on the Jewish calendar – the precise day when the Bible calls for a releasing of debts.
So on the very last day of the last two Shemitah years, the stock market crashed so badly that it set a brand new all-time record.
And now we are in another Shemitah year. It began last fall, and it will end next September.
Could it be possible that we will see another historic market crash?
Author Jonathan Cahn has correctly pointed out that we should never put God in a box. Just because something has happened in the past does not mean that it will happen again. But we should not rule anything out either.
Perhaps God is using His calendar to make a point. Cahn believes that if we are going to see something happen, it will probably occur as the Shemitah year comes to an end…
Cahn has pointed that, according to his research, the worst of the worst usually happens at the end of the Shemitah year, not at the beginning. In fact, the last day of the year, Elul 29 on the Hebrew calendar, which will occur on Sept. 13, 2015, is the most dreaded day.
The pattern revealed in “The Mystery of the Shemitah” is that the beginning of the Shemitah’s impact is often subtle, but leads to a dramatic climax.
“The beginning may mark a change in direction, even a foreshadow of what will come to a crescendo at the Shemitah’s end,” he said.
And this time around, far more people are paying attention. Back in 2001 and 2008, most Americans had absolutely no idea what a “Shemitah year” was. But now it is being talked about on some of the most prominent alternative news websites on the Internet. For example, the following is what Joseph Farah of WND has to say about the Shemitah year…
Shemitah 2015 Financial Collapse
Farah believes the date Sept. 13, 2015 bears close watching – though he is quick to admit he has no idea what, if anything, will happen in America.
“A clear pattern has been established,” he says. “I don’t believe it’s a coincidence what happened in America on Elul 29 in 2001 and 2008. It would be foolish to ignore the possibility that a greater judgment might be in the works – especially if America continues to move away from God and His Word.”
The Shemitah year that we are in now does end on September 13th, 2015 – and that falls on a Sunday so the markets will be closed.
But what it comes to the Shemitah, we aren’t just looking at one particular day.
And it is very interesting to note that there will also be a solar eclipse on September 13th, 2015. Over the past century, there have only been two other times when a solar eclipse has corresponded with the end of a Shemitah year. Those two times were in 1931 and 1987, and as Jonathan Cahn has told WND, those solar eclipses foreshadowed major financial disasters…
In 1931, a solar eclipse took place on Sept. 12 – the end of a “Shemitah” year. Eight days later, England abandoned the gold standard, setting off market crashes and bank failures around the world. It also ushered in the greatest monthlong stock market percentage crash in Wall Street history.
In 1987, a solar eclipse took place Sept. 23 – again the end of a “Shemitah” year. Less than 30 days later came “Black Monday” the greatest percentage crash in Wall Street history.
Is Cahn predicting doom and gloom on Sept. 13, 2015? He’s careful to avoid a prediction, saying, “In the past, this ushered in the worst collapses in Wall Street history. What will it bring this time? Again, as before, the phenomenon does not have to manifest at the next convergence. But, at the same time, and again, it is wise to take note.”
So what is going to happen this time?
We will just have to wait and see.
But without a doubt so many of the same patterns that we witnessed just prior to the financial crash of 2008 are happening again right before our very eyes.
It has been said that those that do not learn from history are doomed to repeat it.
Perhaps you believe that there is something to “the Shemitah”, or perhaps you think that it is all a bunch of nonsense.
But at least now you know what everyone is talking about. What you choose to do with this information is up to you.
Shemitah 2015 Financial Collapse Projections
This article was posted: Tuesday, January 27, 2015 at 6:00 am
What a week this is on the Jewish calendar. Rosh Hashana on Sept. 13-14, the Shemitah on Sept. 13 and today ends Yom Kippur, the day of Atonement (which started last evening.)
Most of the world goes on as if nothing is happening when these Jewish holidays come around. The Christian community, however, has become increasingly aware of what these significant holidays mean and what God is saying during this time.
My good friend and author Rabbi Jonathan Cahn has done more than anyone else to raise awareness of these holidays in his book The Harbinger, in which he drew parallels between God's dealing with ancient Israel and His message to America. If nothing else, the parallels are striking.
One of the harbingers discussed in the book is the Shemitah, the Jewish year of rest that happens every seven years. It includes a day called Shemitah, the last day of the year—Elul 29 on the Jewish calendar—in which all debts were forgiven.
The previous two Shemitahs—in 2001 and 2008—marked the biggest drops in stock market history. Thankfully, the drop this year wasn't as much, but as I explain below, the Shemitah of 2015 still wiped out an estimated total of $7 trillion from the global markets.
As the Shemitah approached last Sunday, plenty of speculation swirled on what would happen. Of course, the markets were closed for the weekend and this week, there has been no comparable drop. Social media has been abuzz with messages like, 'if doomsday has not arrived within the next 24 hours, do you think we will be hearing any apologies from the prophets?' I feel that sort of remark is irresponsible because no one I know of predicted doomsday. It's not comparable to the book '88 Reasons why Jesus will come back in 1988,' which was totally discredited when Jesus did not come back as predicted.
The Mystery of the Shemitah is just that—explaining this phenomenon to those who didn't understand it. And looking at the patterns that have occurred are interesting. I was involved in the editing of The Harbinger, and I know the author was meticulous not to predict anything. As the publisher, I didn't want to be put in a box.
In fact, Rabbi Cahn told me this week: 'You know of my initial concerns and reluctance concerning the likelihood of a focus on date-setting. To counter that, I've continually issued continuous cautions that nothing had to happen on any date (namely Elul 29).'
Of course, many of us prayed that no financial calamity would happen this time. There have been many Shemitahs over the centuries when no collapse occurred. Thankfully, it wasn't as bad this time as in 2008.
But wait. While on the surface it may seem as if 'nothing happened,' journalist Bill Koenig provided us with these statistics that I believe everyone needs to see.
I believe it is important for you to be aware of these numbers Bill sent me. Please take the time to contemplate them:
During the course of the most recent Shemitah, the Dow Jones industrial peaked on May 19, then reversed momentum, and began a long-term descent.
The Dow Jones reached its all-time high of 18,351.36 on May 19.
The Dow Jones closed at 16,443 on September 11, the last day of trading for the Shemitah year. It was the same on Sunday, September 13 (Elul 29), a non-trading day and the end of the Shemitah year. The value that was erased approached 2 trillion dollars!
The collapse included Black Monday—August 24—the largest intraday crash in Wall Street history—over 1,000 points.
The Shemitah of 2015 wiped out an estimated $5 trillion from international markets.
A total of $2.1 trillion erased from U.S. stocks in six days—Aug. 26, 2015 according to CNN Money. (The Dow Jones: August 18, 2015: 17,511. On August 25, 2015, it was 15,666). Drop: 1,845 points.
The Dow Jones high during Shemittah and the Elul 29 level, an estimated loss of just under $2 trillion of market capitalization: May 19, 2015: 18,351.36. September 13 (Elul 29) 16,443. Drop: 1,908 points.
August 24, 2015—The Dow Jones' most dramatic intraday trading day ever ($5.7 Trillion in Equity Market Values Erased Worldwide.)
The Shemitah struck the new engine of the world's economy—China—even more dramatically. The collapse of the Chinese stock market was one of the greatest in history—wiping out over 40 percent of its value in just a few months.
The Shemitah of 2015 wiped out an estimated total of 7 TRILLION dollars from global markets!
What does all of this mean? Cahn shared a few insights in a personal email that he gave permission for me to quote: He went on to explain: 'But very important: People's focus on the Elul 29 day crash template obscured the fact that it is a minority pattern and exception (happened only in 2 of the last 7 crashes of the last 7 Shemitahs)—and obscured the larger and very major things that actually did happen.
'The overwhelmingly predominant template of the Shemitah—and shown continuously in The Harbinger—is that of a rising stock market coming to an end in the midst of the Shemitah, reversing momentum and descending in a long-term (not day) descent—which may involve increasing volatility and dramatic-day crashes,' Cahn wrote.
There are many who have a 'Pollyannaish' approach that 'everything will always be OK.' Instead, we must be like the sons of Issachar, 'discerning the times' and understanding what God is saying to us.
And remember that God's dealings are more than simply financial and more than simply with the American economy. Let's not be naive and assume that if the economy is humming along that means God is blessing us because we deserve His blessings due to our goodness!
If you agree with this, help us get this word out by sharing this far and wide on social media.
Shemitah 2015 Financial Collapse 2020
Steve Strangis the founder of Charisma and CEO of Charisma Media. Follow him on Twitter or Facebook.
Steve Strangis the founder of Charisma Media and president of Christian Life Missions. He is also the author of the best-seller God and Donald Trump. Follow him on Twitter and Facebook. Click here to subscribe to the Strang Report podcast, and here to sign up for the Strang Report newsletter.
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Shemitah 2015 Financial Collapse Plan
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