The Shemitah is marked by the number seven. It is the seventh year. Its last day, Elul 29, is the final day and climax of the biblical seven-year cycle. Is it possible that the greatest stock-market point crash in history, having taken place on the Day of the Shemitah, would bear the fingerprints of the Shemitah—the mark of seven?
The following is neither central nor essential to the phenomenon of the Shemitah, but it is a fascinating phenomenon in its own right.
- The Seven-Year Mark: The greatest point crash in stock market history happened on Elul 29—the end of the seventh year and the completion of the seven-year cycle.
- The Seventh Month: On the evening of the greatest crash began the month of Tishri. Tishri is the seventh month of the sacred calendar. Thus the crash took place on the day that ushers in the most sacred of times in the biblical calendar, the seventh month.
- Seven Hundred Billion: The crash was triggered by the failure of Congress to pass the Emergency Economic Stabilization Act. The bill was a response to the economic implosion of September 2008, an attempt to save the U.S. financial system. The amount chosen for the bailout was $700,000,000,000.
- Seven Percent—2008: What percentage of Wall Street was wiped out on the last day of the seventh year? Seven percent.
- Seven Percent—2001: How much of Wall Street was wiped out seven years earlier on the last day of the preceding Shemitah in 2001? Seven percent.
- Seven-Seven-Seven: How many actual points were wiped out on the last day of the seventh year? Seven hundred seventy-seven (777).
Want to know more about the Shemitah and the astounding connections between this phenomenon and the greatest financial disasters in American history? Check out Jonathan Cahn's new best-seller, The Mystery of the Shemitah to discover God's intentions for the Shemitah year, some of the incredible events from history tied to the Shemitah and what God might be trying to tell is for the Shemitah we're currently in.
Did you like this article? You'll enjoy Rabbi Cahn's books, The Harbinger and The Mystery of the Shemitah, as well as The Harbinger DVD. Purchase them here.
Jonathan Cahn, who stunned millions of readers across America and the world with the mysteries revealed in his New York Times best-seller The Harbinger, now uncovers and reveals a new realm of astonishing mysteries so big they lie behind everything from world wars to the rise and fall of nations to economic recession and financial collapse to your future. Discover the never-before-revealed mystery of the towers, the key of cataclysms, the mystery of sevens and much, much more. The Mystery of the Shemitah will amaze, stun, forewarn and prepare you for what lies ahead ... and it may just change your life.
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