Posted on 10/06/2021 8:12:24 AM PDT by Roman_War_Criminal
The current Hebrew year, 5782, began on Rosh Hashanna one month ago, beginning a new shemittah (sabbatical) year. Most people believe that the shemittah has implications only for farmers based in Israel however in Biblical times, all debts, except those of foreigners, were to be remitted. One Israeli economist has chronicled a correlation between the seven-year shemittah cycle and major economic events. If his theory is correct, the world is about to enter a major crisis.
SHEMITTAH AND ECONOMIC CRISIS
Rafi Farber, an Israeli economist and financial journalist who blogs and videos under the pen The End Game Investor, combines Torah knowledge with financial wisdom. This dual-discipline revealed a remarkable correlation.
“Every seven years on the Shemitta there is a debt reset for the entire world,” Farber explained. “This begins on Rosh Hashanna which is the New Year for the world that is marked by Jews because we are a kingdom of priests that represent the world to God. The Jewish New Year is actually Passover.”
As a student of economy, Farber noted highlights in history that were economic landmarks.
“The most famous recent landmark was 2008, 14 years ago or two shemittah cycles. This was, of course, the global financial crisis. It started with the subprime mortgage crisis and ended with the banking crisis.”
(Excerpt) Read more at israel365news.com ...
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Maranatha!
Interesting pattern, but calling the previous Jubilee years “financial resets” looks like a bit of a stretch, and predicting a global collapse on that basis alone is even more of a stretch. There was no collapse 50, 100, or 150 years ago.
The claim is every 7 years, but then they talk about 2007, 14 years ago. What happened to 2014? What happened to 2000, 1993 ?
bump
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