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The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About

by Michael Snyder, The Economic Collapse Blog:

Large numbers of people believe that an economic crash is coming next year based on a seven year cycle of economic crashes that goes all the way back to the Great Depression.  What I am about to share with you is very controversial.  Some of you will love it, and some of you will think that it is utter rubbish.  I will just present this information and let you decide for yourself what you want to think about it.  In my previous article entitled “If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States“, I discussed many of the economic cycle theories that all seem to agree that we are on the verge of a major economic downturn in this country.  But there is an economic cycle that I did not mention in that article that a lot of people are talking about right now.  And if this cycle holds up once again in 2015, it will be really bad news for the U.S. economy.

Looking back, the most recent financial crisis that we experienced was back in 2008.  Lehman Brothers collapsed, the stock market crashed and we were plunged into the worst recession that we have experienced as a nation since the Great Depression.  You can see what happened to the Dow Jones Industrial Average on the chart that I have posted below…

The Dow - 1999 To The Present

Prior to that, the last time that the stock market experienced a major decline of that nature was during the bursting of the dotcom bubble seven years earlier.  2001 was a year of recession for the U.S. economy and of big trouble for stocks.

And oh year, a little event known as “9/11” happened that year.

Seven years before that, in 1994, investors experienced the worst bond market of their lifetimes.

The following is how Reuters recalls the carnage…

The 1994 bond market massacre is remembered with horror by those who lived through it. Yields on 30-year Treasuries jumped some 200 basis points in the first nine months of the year, hammering investors and financial firms, not to mention thrusting Mexico into crisis and bankrupting Orange County.

Going back another seven years brings us to 1987.

Anyone that lived through that era remembers “Black Monday” and the horrible stock market crash very well.

The next major economic crash prior to 1987 was in the early 1980s.

In 1980, the S&L crisis was blooming and everyone was talking about the “stagflation” that we were experiencing under Jimmy Carter.  The Federal Reserve raised interest rates dramatically to combat inflation, and this helped precipitate the very deep recession that we experienced early in Ronald Reagan’s first term.

You can read much more about the “early 1980s recession” right here.

Seven years prior to 1980 brings us to 1973.  To many young Americans, that year does not have any significance, but older Americans remember the Arab oil embargo and the super long lines at the gas pumps really well.

In addition, a recession began in 1973 which ended up stretching all the way until 1975.

And those that have studied these things say that the pattern keeps going back all the way to the Great Depression.  Many correctly point out that the stock market crash which began the Great Depression was in 1929, but actually the worst year for the stock market during the Great Depression was in 1931.  And 1931 fits perfectly into the cycle.

So we have this pattern of economic crashes occurring approximately every seven years.

But there is an additional element to this cycle which makes it even more extraordinary.

As Jonathan Cahn has pointed out, this seven year cycle also lines up with the seven year “Shemitah cycle” that we find in the Bible.

For those not familiar with it, during the Shemitah year the people of Israel were commanded to let their land rest for a full year.  It was also supposed to be a time of releasing of debts.

But for the most part the people of Israel did not observe the Shemitah year, and in the Bible that is mentioned as one of the reasons why they were exiled to Babylon for seventy years.

The Shemitah year always begins in the fall, and the upcoming Shemitah year is going to start about a month from now.

Will we see things happen during this Shemitah year that are similar to things that we have seen in past Shemitah years?

For example, on September 17th, 2001 we witnessed the greatest one day stock market crash in U.S. history up until that time.  It happened on the 29th of Elul on the Jewish calendar, which is the day right before Rosh Hashanah.

That record stood for seven years until the massive stock market crash of September 29, 2008.  That date also corresponded with the 29th of Elul on the Jewish Calendar – the day right before Rosh Hashanah.

Will the pattern hold up in 2015?

Well, the 29th of Elul falls on a Sunday in 2015, so the stock market will be closed.  But it is very interesting to note that there will be a solar eclipse on that day.

And as Jonathan Cahn recently told WND, similar solar eclipses in the past have preceded major financial disasters…

In 1931, a solar eclipse took place on Sept. 12 – the end of a “Shemitah” year. Eight days later, England abandoned the gold standard, setting off market crashes and bank failures around the world. It also ushered in the greatest monthlong stock market percentage crash in Wall Street history.

In 1987, a solar eclipse took place Sept. 23 – again the end of a “Shemitah” year. Less than 30 days later came “Black Monday” the greatest percentage crash in Wall Street history.

Is Cahn predicting doom and gloom on Sept. 13, 2015? He’s careful to avoid a prediction, saying, “In the past, this ushered in the worst collapses in Wall Street history. What will it bring this time? Again, as before, the phenomenon does not have to manifest at the next convergence. But, at the same time, and again, it is wise to take note.”

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3 comments to The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About

  • rich

    Secret Network Connects Harvard Money to Payday Loans
    ‘Regulatory Risk’

    Harvard, which was cited in a 2007 Vector press release as a “significant new investor” in the fund, declined to comment, as did other investors including the Massachusetts Institute of Technology, the John D. and Catherine T. MacArthur Foundation and pension funds in California, Oregon and Maryland.
    Regulators who have gone after payday lenders said in interviews they hadn’t heard of Cane Bay.

    “We haven’t been able to really track down CashYes yet,” DePriest said. “If we can pin down who they are, the individuals, we’ll go after them. If we can find them, we can serve them and we can sue them. And that’s what we do.”

    Two thousand miles from Arkansas, on an island east of Puerto Rico, David Johnson, Kirk Chewning and Richard Clay set up Cane Bay in 2009, Virgin Islands corporate records show. The company, named for a palm-tree-lined beach near its offices, took advantage of incentives that offer as much as 90 percent off corporate and personal income taxes.

    The loans are usually a last resort for working people who struggle to make ends meet, according to information from more than 250 bankruptcy filings, 300 complaints to the Federal Trade Commission and interviews with 10 CashYes and CashJar borrowers. One said she took a loan to avoid eviction when she missed work because her son was sick, while another said he needed money to feed his starving pets.
    Rolled Over

    The cost for a $500 loan is between $100 and $150 in interest every two weeks, according to four contracts obtained by Bloomberg News. One contract, for a $700 loan, would result in the borrower paying back $3,675 over eight months unless a quicker payment plan was requested.

    Borrowers are asked to provide bank-account information, which enables the lenders to deduct payments directly, the contracts show. About a third of the complaints obtained from the FTC were by borrowers in New York, New Jersey and North Carolina, where payday loans are illegal.

    http://www.bloomberg.com/news/2014-09-04/secret-network-connects-harvard-money-to-payday-loans.html

  • JJ limbo

    Thanks, so now that the scum manipulators know that we know they will throw that cycle off as well. Thanks ALOT!

  • Michael Correll

    A seven year cycle may relate to the 28 – 29 year cycle of Lord Saturn around the Solar System. Seven years is about one quarter of the cycle, so forms conjunction, squares and opposition angles at o, 90, 180 and 270 degrees.

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