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Today Is the Last Day of Trading on Wall Street Before Shemitah Ends… What Will Happen This Time?
Today Is the Last Day of Trading on Wall Street Before Shemitah Ends… What Will Happen This Time?
This isn’t meant to be another one of those scary September 2015 stories, but we can’t just completely ignore history either.
Today isn’t just the 14th anniversary of the September 11, 2001 attacks. It also happens to be the last day of trading on Wall Street before this Shemitah cycle — a seven-year period on the Jewish calendar — ends on Sunday.
Why should that matter, you might ask?
Look at how the end of each Shemitah cycle has played out in the past (via The Times of India):
See what I mean? Some immense financial disaster has occurred after each Shemitah has ended in recent history.
Not featured on that graphic are 1980 and 1973. In 1980, the Savings and Loan crisis was going on and the Fed raised interest rates (which they are currently discussing doing right now actually) and we ended up in a really deep recession. Ten days after Shemitah ended in 1973, the Yom Kippur War started which resulted in the 1973 oil crisis.
Think about it. It’s kind of like a totally manipulated, self-fulfilling prophecy, isn’t it?
So… What do you think will happen this time?
Watch Carefully as Dangerous Economic Times Approach: “Nothing but Black Swans Ahead”
Watch Carefully as Dangerous Economic Times Approach: “Nothing but Black Swans Ahead”
USA Watchdog’s Greg Hunter interviewed investment expert Jeff Berwick on the ominous signs headed our way in the near future, and in particular, in the month of September.
Berwick has, like so many other voices, been on the forefront of warning about the instability of markets ahead, and during the seven year cycle of Shemitah, that it would unwise to ignore their warnings and prepare for a potential market crash.
Whatever does or doesn’t happen in the days and weeks ahead, it has become all too clear that the system is teetering on the edge, and the powers that be are doing all they can to keep the illusion going, and keep the public under the spell that everything is fine.
But as we have all known since nursery school, once the thing cracks and falls apart, even all the king’s men can’t put the thing back together again.
Keeping the music playing while the chairs are rearranged for collapse is more a way of making an orderly exit for the members of the Ponzi scheme than it is any kind of way of repairing the damage or creating a viable economy.
With black swans on the horizon, it is indeed time to beware, and watch the path ahead.
The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015 – See more at: http://www.thedailysheeple.com/the-shemitah-the-biblical-pattern-which-indicates-that-a-financial-collapse-may-be-coming-in-2015_012015#sthash.0u6YG0le.dpuf
The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015
We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers. For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline in the price of oil” for much lower than anticipated sales during the fourth quarter of 2014. Even though Caterpillar is not an “energy company”, the price of oil is critical to their success. And the same could be said about thousands of other companies. That is why I have repeatedly stated that anyone who believes that collapsing oil prices are good for the U.S. economy is crazy. The key to how much damage this oil collapse is going to do to our economy is not how low prices ultimately go. Rather, the key is how long they stay at these low levels. If the price of oil went back to $80 a barrel next week, the damage would be fairly minimal. But if the price of oil stays at this current level for the remainder of 2015, the damage will be absolutely catastrophic. Just think of the price of oil like a hot iron. If you touch it for just a fraction of a second, it won’t do too much damage. But if you press it against your skin for an hour, you will be severely damaged for the rest of your life at the very least.
So the damage that we are witnessing right now is just the very beginning unless the price of oil goes back up substantially.
When the price of oil first started crashing, most analysts focused on the impact that it would have on energy companies. And without a doubt, quite a few of them are likely to be wiped out if things don’t change soon.
But of even greater importance is the ripple effects that the price of oil will have throughout our entire economy. The oil price crash is not that many months old at this point, and yet big companies are already blaming it for causing significant problems. The following is how Caterpillar explained their disappointing sales numbers on Tuesday…
– See more at: http://www.thedailysheeple.com/the-shemitah-the-biblical-pattern-which-indicates-that-a-financial-collapse-may-be-coming-in-2015_012015#sthash.0u6YG0le.dpuf
