2015: The Year of the Shemitah

In October, just after the Jewish new year, an initial wave of panic briefly struck global financial markets.

From WorldNetDaily article, "Shemitah's First 2 Weeks Bring Ominous Signs":

Without a doubt, the Shemitah year, which kicked off on Sept. 25, has begun with a blast of bad news.

Cahn predicted in “The Harbinger” that America would come under judgment in the wake of the 9/11 attacks because, rather than being humbled mystery_shemitahand repentant, the nation doubled down on abortions, pornography and the removal of prayer and all things Christian from the public square.

In the “Shemitah,” he reveals that judgment comes to a backslidden nation in accordance with a seven-year cycle that correlates with the Hebrew calendar. In Leviticus 25, God commanded the Israelites to observe a Sabbath year once every seven years in which they would let their land lie fallow, while in Deuteronomy 15 He instructed them to cancel debts in line with this same seven-year timetable.

Cahn explains that the seven-year cycles can manifest as blessings as long as a nation follows the will of God. But for those that started out under God only to later stray, the Shemitah can bring a series of ever harsher judgments, usually striking in the financial realm and spilling over into the political and military arenas.

“In The Mystery of the Shemitah – I show how the Shemitah has caused financial and economic collapse throughout modern times,” Cahn told WND. “And the phenomenon has been intensifying – with the last two Shemitahs manifesting the phenomenon with uncanny precision.”

The two previous Shemitah years occurred in 2000-2001 and 2007-2008.

Before the ultimate judgment comes, God often sends a series of warnings or “shakings” meant to get the attention of believers and nonbelievers alike.

The Shemitah year was also called the year of “release” in biblical times because the land was allowed to rest and the financial accounts were wiped clean once every seven years.

Only two weeks into the new Shemitah year of 2014-2015, the U.S. stock market has already shed hundreds of points.

Meanwhile, throughout the last half of 2014, oil prices have plunged by more than 50% (follow link for related article):

The move in crude these past six months is now nothing short of astounding. At about $52 current prices (which will probably move in either direction significantly by the time this is posted) the collapse from the recent peak now equals only past, significant global recessions under the oil regime that began in the mid-1980’s.

These are leading indicators of a coming global financial and economic collapse of biblical proportions that will ensue in 2015, possibly from the very outset.

A creative era of greed, expansion and debt/money/price inflation is coming to a close and a destructive era of fear, contraction and debt/money/price deflation is beginning.

Only through God will collective sanity be realized.

Stay tuned...

Forgive our debts, as we forgive our debtors...

This world's debts will be "released"....one way or another...

UKRAINE CRISIS: Russian financial and economic warfare against the West?

"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system." - Sergei Glazyev, Kremlin aide, 3/4/14

(NSA Official) Plunkett told CBS: “Don’t be fooled. There are absolutely nation states who have the capability and the intention to do just that,” ie “literally take down the U.S. economy.” If this revelation is widely discussed tomorrow morning, it could very well have a serious negative effect on stock prices. - Forbes, Some Foreign Nations Have The Cyberwar Capability To Destroy Our Financial System, NSA Admits, 12/15/13

Last Tuesday, the U.S. and E.U. announced new economic sanctions against Russia in response to ongoing Russian military involvement with separatists fighting in eastern Ukraine.  These new stringent sanctions that are geared to impact Moscow's access to Western capital and the Russian oil industry came in the wake of the downing of Flight MH17 over the Donetsk region of Ukraine on July 17th.

Right after this new round of sanctions was announced, a sharp sell-off in stocks began on Wall Street with dramatic reversals from the psychologically important 17000, 11000 and 6000 marks in the DJIA, NYSE and DJ Composite indices, respectively:

The drubbing on Wall Street was spearheaded by a pronounced decline in financial stocks:

The five big American investment banks, J.P. Morgan (JPM), Bank of America (BAC), Citigroup (C), Goldman Sachs (GS) and Morgan Stanley (MS), all fell sharply.  These key financial institutions "control 95 percent of cash and derivatives trading for U.S. bank holding companies", a $700 trillion (with a "T") market.  Thus, the more they go down, the greater the danger of a collapse in the global financial system.

The sell-off in stocks last week was attributed to a bond default by Argentina and the newest round of economic sanctions on Russia, and this is the most likely and plausible explanation.

However, the lack of really pertinent news to cause such a sharp drop, including a 300+ point plunge in the DJIA on Thursday, prompted me to wonder about how Russia might retaliate against the West for new economic sanctions.  Beyond banning the import of some European fruit, Moscow has done little.

Such an impotent response from the Kremlin thus far seems a little odd to me given my supposition that Russia's emergent war on Ukraine is part of a large-scale plan to draw the West into World War Three.  Surely more aggressive retaliation must be in the works.

Indeed, keep in mind here my Global Bipolar Hypothesis.  According to this hypothesis, Western beliefs and expectations have been misled to irrational heights, represented by the DJIA peaking above the 17000 benchmark in July, for the sole purpose of a strategic upset by the powers of the East in the form of a surprise third world war.

While I've long emphasized that the form of that war will ultimately involve a thermonuclear attack on the U.S. and its allies, what I've failed to highlight is how the Kremlin's war plan involves using all fronts to overtake "world capitalism" including psychological, ideological, diplomatic, economic and political forms of struggle.

Nuclear war is a complex and many-sided process, which in addition to the operation of the armed forces will involve economic, diplomatic and ideological forms of struggle.  They will all serve the political aims of the war and be guided by them. [Soviet Strategy for Nuclear War (1979)]

In this regard, Russia has already been achieving great successes such as global misinformation campaigns to vilify America using media outlets like RT and al Jazeera and the election of Barack Obama as U.S. president.

But what of economic warfare?  After all, if I'm right, the worldwide struggle between the forces of Communism and Capitalism never ended but rather took a dangerously deceptive new form with the purported 'end of the Cold War'.

It would make sense that part of the Kremlin's strategy is to effect the failure of the capitalist system to prove the need for a authoritarian 'socialist' new world order in place of Capitalism before nuking America to assuredly gain global dominance.

How might this be achieved?

As made clear in my "Manic-Depressive Man" thesis, I'm aware of the inherently cyclical, self-destructive dynamics of market economies. The question here is whether or not these tendencies might be strategically manipulated by Moscow to achieve the end of world Capitalism.  Certainly the last major cyclical downturn into 2009 was a close call and little has been done to correct the failings within the system since then to prevent a far graver collapse:

But what if the Kremlin plans to give the global capitalist system a 'little push'?

In this light, please read TheBlaze.com article, ‘Jaw-Dropping’: Former U.S. Treasury Secretary Makes Bombshell Claim About Russia and 2008 Financial Crisis (and Why It May Sound Familiar).

Also see the Washington Times article, Financial terrorism suspected in 2008 economic crash. Here's an excerpt:

Mr. Freeman wrote the report (“Economic Warfare: Risks and Responses”) for the Pentagon’s Irregular Warfare Support Program, part of the Combating Terrorism Technical Support Office, which examines unconventional warfare scenarios. 

“The preponderance of evidence that cannot be easily dismissed demands a thorough and immediate study be commenced,” the report says. “Ignoring the likelihood of this very real threat ensures a catastrophic event.” 

The report concluded that the evidence of an attack is strong enough that “financial terrorism may have cost the global economy as much as $50 trillion.” 

Because of secrecy surrounding global banking and finance, finding the exact identities of the attackers will be difficult. 

But U.S. opponents in Russia who could wage economic warfare include elements of the former KGB intelligence and political police who regard the economy as a “logical extension of the Cold War,” the report says.

Finally, check out Kevin Freeman's web site, GlobalEconomicWarfare.com.

This is a little something to think about as the stock market reverses, along with misled global beliefs and expectations, from the "peak of Western Civilization" most likely reached last month...

"These financial wars are inevitable, and they’re coming sooner than we think. We can hear their rumblings already. This is the beginning of World War III, and—God help us—we are not ready." - Kevin Freeman, World War III: The Coming Cyber-Financial Attack that will Shock America, 2/20/14

"In 2014, we face the imminent danger of a cyber-economic market crash that could wipe out $8 trillion or more of American wealth with a keystroke. It will make 1987’s Black Monday look like a picnic." - Kevin Freeman, THE STOCK MARKET WILL CRASH AND IT WILL HAPPEN IN MINUTES, 1/20/14