Showing posts with label 2008. Show all posts
Showing posts with label 2008. Show all posts

Tuesday 1 September 2015

End of the 7th Shemitah and start of the Jubilee year

A solemn crowd gathers outside the Stock Excha...
A solemn crowd gathers outside the Stock Exchange after the crash. 1929. (Photo credit: Wikipedia)
According to the Jewish calendar, the end of the 7th Shemitah (“release”, or Sabbath Year), and the start of the Jubilee year is marked for this month.

From a Biblical perspective form many this month could be a very important month.

From a financial perspective it is significant to note that the end of the Shemitah years (or the seventh sabbatical year) were accompanied by significant stock market falls in 1987, 1994, 2001 and 2008. For example many of you will recall that the end of the Shemitah years on 17 September 2001  and 29 September 2008 witnessed the two of the greatest stock-market crashes in America’s history, both taking place on the exact Biblical day appointed for the wiping out of credit and debt!
Read more about it:
The’ SHEMITAH’ is Happening on Sept 2015! – Financial Collapse Looming! Are you ready?