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This Biblical Pattern Indicates That A Financial Collapse Is Coming this September (The Shemitah)

Tuesday, April 14, 2015 8:16
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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 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.

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.

obama and papa

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.

Related: The Most Important Prophecy that is Encrypted Inside our Holy Bible

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…

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.

Related: Obama and the leaders of our church have a secret sinister pact… what are they hiding from the public?

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.


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Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years. Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream. If you want to know what things in America are going to look like in a few years read his new book The Beginning of the End.

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Total 7 comments
  • Pix

    Your article illustrates your complete lack of understanding of money systems and how they operate.

    This will give you a much better understanding.
    The American Dream. 30 min animated video, very informative.

  • Next September is in 2016. This September is 2015. 2008 was 777.7 Why does everybody drop the last seven. Pix, you will never understand the Bible because you are not a believer.

    In 28/29 AD Yeshua/Jesus was baptized and began His ministry in a Shemitah year which means that He may return in a Shemitah year with the trumpet judgments possibly this September of 2014 or next September, 2015. Pontius Pilate [Pontius Pilatus (Pilate), fifth Prefect of the Roman province of Judea, from CE 26 –36.] being governor of Judaea, Herod [Antipas] being tetrarch of Galilee ” [20 BCE – c.CE 40] Luke 3:22-23 “and the Holy Spirit descended in bodily form like a dove upon Him, and a voice came from heaven saying, “You are My Son, the Beloved, in You I did delight.” And when יהושע himself began to be about thirty years of age.” Now the Levites were numbered from the age of thirty years and upward: 1Chron 23:3
    Great Depression 1930-31 was a Shemitah year, Great Recession 37-38, Wall Street Collapse, Daily Point Averages Collapses 70%, Daily Stock Percentages Collapses 80%, 2001, 2008, and the next in 2015. 1945 World Trade center model and decision to be built. 1966-73 Construction of the World Trade Center (66,73 Shemitah’s); 2001 World Trade Center Collapse in a shemitah year as well as the Wall street Collapse. Migdal means rise of the tower or rise of the nation. The verb גדל (gadel) basically means to become strong or great. This verb had equivalents in cognate languages where there seems to be an emphasis on the joining of forces or elements of construction. The Arabic equivalent means to twist a cord, make firm. In the Bible our verb is used to indicate the growing up of a child (Genesis 21:8, Exodus 2:10), or the growing of hair (Numbers 6:5) or plants (Jonah 4:10). Our verb is also used in the meaning of becoming great or wealthy (Genesis 26:13) or important (1 Kings 10:23), or magnified (Zechariah 12:7, Psalm 35:27), or doing deeds of greatness (Psalm 126:2, Joshua 2:21). In the Bible the tower became symbol for any earthly treasure of power that a person can foolishly put his trust in. Hence the tower of Babel was not just a building, it was also a statement (Genesis 11). When the menfolk of Penuel refuse to help out Gideon, he promises them to tear down their ‘tower’ (Judges 8:9). In Luke 13:4, Jesus talks about the tower of Siloam, which had collapsed and killed eighteen people, who were ‘no worse culprits’ than the men of Jerusalem. And in Luke 14:28 He even compares the total surrender to Him to the building of a tower. King David says it like this: “The name of the Lord is a strong tower; the righteous runs into it and is safe” (Psalm 18:10).
    Other derivations are: The masculine participle or adjective גדל (gadel), meaning a becoming great or growing up (Genesis 26:13, Ezekiel 16:26). The masculine noun גדל (godel), meaning greatness (Psalm 79:11) or pride (Isaiah 9:8). The masculine plural noun גדלים (gedilim), meaning twisted threads: tassels (Deuteronomy 22:12) or festoons (1 Kings 7:17). The very common adjective גדול (gadol), meaning great (Genesis 4:13, Exodus 11:6, Psalm 111:2). The feminine noun גדולה (gedulla), meaning greatness (Psalm 71:21, 1 Chronicles 29:11).
    Other Shemitah years information: Note: The Shemitah years may be off by 1 year.
    WWII 1939-1945 7 years, it began and ended in a Shemittah year. 1945 Atomic Bomb 8/9/1945 Berlin Victory Parade was on Elul 29th (Sept 7th, 1945. 1973 America legalized Abortions Jan 22. Israel judged for abortions. 1973 Viet Nam war was lost and world trade Center tower completed construction. 1987 Stock Market Crash. Steeple put on World Trade Center Tower or Freedom Tower in a shemitah year on the same day as a solar eclipse on Elul 29.

  • “The Undermining of the Catholic Church” by Mary Ball-Martinez

    If you understand what is going on in the catholic church, than it will be easier to understand that something BIG will happen in the near future.

  • You had better get right with Christ and follow him. He has been here since 2011. Those who reject the Son will not see life!!

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