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Is the greatest economic crisis since the Great Depression coming?

Coming This Fall: the Shemitah, Fourth Blood Moon, and … a Storm?

Rabbi Jonathan Cahn, who made headlines with his best-selling book The Harbinger, is making headlines again with his discourse on The Shemitah, the seven year Biblical cycle which America’s own economy has seemed to follow:

  • In 1973 there was the Arab Oil Embargo which saw long lines at gas pumps
  • In 1980 there was a savings and loan crisis
  • In 1987 a day called “black Monday” saw a stock market crash
  • In 1994 investors experienced the worst bond market
  • In 2001 we witnessed 9/11
  • In 2008 we had the worst stock market crash since the Great Depression

In Exodus and Leviticus, the Shemitah, or Sabbath Year, was a time when there was to be no working of the land. The last day of the Shemitah, Elul 29, is considered the “wipeout day” when all debts were wiped clean. The Shemitah is meant to be a blessing, but when Israel turned away from God it became “a sign of judgment on a nation that has driven God out of its life.”

The Jewish new year began on September 24, 2014, at sundown and will end this coming September 2015. (Wall Street gurus have been perplexed to discover that historically, market slumps have fallen between September and October.)  Another interesting piece to this is that the fourth blood moon of the Lunar Tetrad is to take place on September 28, 2015, during the Jewish feast of Sukkot. 

Recently, I wrote of a series of Tsunami/Tidal Wave dreams that I had consecutive nights in a row and how I felt the Lord was warning of something major to come. Upon sharing this, a friend sent me this clip showing other believers are hearing the same.

Cahn describes his role less as a prophet and more as one who fits puzzle pieces together in order to see the whole picture. In YouTube videos and magazine articles, he says he does not know what this Shemitah might usher in, but warns that unprecedented economic disaster, as well as a World War involving the Middle East, are not unlikely.

Concerning the Four Blood Moons, many Bible scholars see a correlation between celestial events and the ones highlighted in Scripture that forewarn of The Day of the Lord. For example, Joel 2:31 says: “The sun will be turned into darkness and the moon into blood before the great and awesome day of the LORD comes.” Likewise, Revelation 6:12 describes a scene in Heaven that occurs at the end of the age: “I looked when He broke the sixth seal, and there was a great earthquake; and the sun became black as sackcloth made of hair, and the whole moon became like blood.” The times that blood moons have appeared before in the past 500 years, there was always a significant event tied to Israel and the Jewish people, including Israel’s rebirth as a nation in 1948, and the Six-Day War in 1967 that recaptured Jerusalem.

Practically, we know that the secular world is predicting certain economic collapse unless something radically changes. Newsmax recently reported that billionaires such as Warren Buffet and George Soros are quietly dumping their stocks. The nonpartisan Government Accountability Office conducted its audit and reported in 2013 that, “Absent policy changes, the federal government continues to face an unsustainable fiscal path.” Unless we reign in our wild spending and reform government programs, the U.S. dollar will collapse. That means our homes, savings, investments, and everything material we have will simply go up in smoke.

So what should Christians do?

Do not fear. Nowhere in Scripture are God’s people ever instructed to be fearful. “Be anxious for nothing but in everything by prayer and supplication, with thanksgiving, let your requests be made known to God; and the peace of God, which surpasses all understanding, will guard your hearts and minds through Christ Jesus” (Philippians 4:6-7).

Draw near to God. He will direct our paths. If we stockpile commodities when He has not told us to do so, we are acting on fear and not faith, which is sin. On the other hand, if He nudges us toward action we should do so. In Acts 11 we see the church preparing for shortages: “One of them named Agabus stood up and began to indicate by the Spirit that there would certainly be a great famine all over the world. And this took place in the reign of Claudius. And in the proportion that any of the disciples had means, each of them determined to send a contribution for the relief of the brethren living in Judea.”

Continue to invest in the Kingdom. “Let those who are rich in this life not fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy. Instruct them to do good, to be rich in good works, to be generous and ready to share, storing up for themselves the treasure of a good foundation for the future, so that they may take hold of the life that is really life” (1 Timothy 6:17-19).

In Luke 21:36, Jesus describes the days before His return: “Keep on the alert at all times, praying that you may have strength to escape all these things that are about to take place, and to stand before the Son of Man.” 

What does this insight stir in you? Will you pray for yourself and for our brothers and sisters around the world that we will overcome?

About Emily Tomko

Emily Tomko's radical encounter with the Lord while at a nightclub changed her life forever and inspired her first novel, College Bound: A Pursuit of Freedom. She is the author of seven books, including 31 Thoughts on Prophecy and Leaving the Shallows: igniting the faith that overcomes the world. Her tastes tend toward vintage and she's a Germanophile, having spent a year in Bremen and Nuremberg. Emily loves the scriptures and writes with fierce compassion and a deep desire to see people freed from the miry clay of this world and walking in the truth.

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  1. Prophecy expert Hal Lindsey recently gave an analogy on his television program. He said the world right now is like the Amtrak derailment. People are going along with their daily lives at a high rate of speed like everything is fine and comfortable, and all of a sudden…crash!

  2. It’s interesting, I had a conversation with someone who is a financial expert but not a Christian. He works for an investment banking company and affirmedthat everything I’ve read about our fiscal situation and it’s instability is true.when I asked him what that inspires him to do personally – any steps to take – he shrugged. He figures at the end of the day, the market will correct itself. The natural man does not comprehend the things of the spirit at all.

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