Free Republic

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...

The final day of the Shemitah year, Elul 29 on the Hebrew calendar, began at sundown Saturday and Rosh Hashanah, also called the Feast of Trumpets, starts Sunday at sundown. Among those who have been studying and teaching on the seven-year Shemitah cycle, the expectations have varied wildly. The Hebrew word “Shemitah” can be interpreted as “release” or “collapse,” which has led to predictions of stock market collapses and economic doom, wars, natural disasters and the period of time Jesus referred to as the “beginning of sorrows.” Jonathan Cahn, who lifted the Shemitah out of Old Testament obscurity (it is...

President Obama’s state of the union address was loaded with sweet delights meant to bedazzle America’s long-suffering middle class as he signaled economic prosperity for all is waiting just around the corner. But the author of a New York Times-best-selling book about America’s future in a post-Christian society was not impressed. He sees dark storm clouds closing in on Obama’s rays of sunshine, citing “harbingers” that the country is sliding headlong toward a collapse – with blindfolds securely fastened. “Listening to the president’s State of the Union address, I was reminded of ancient Israel,” said Jonathan Cahn, author of “The...