In Judaism, the number 7
is very important. The Menorah in Torah has 7 candles. There are 7 days to each
week, with Shabbat on the 7th day. The Sabbatical year, which for Jews occurs 1
in every 7 years, has often been a difficult year for financial markets. The financial difficulties the USA has been
through show this trend to be true counting 7 Sabbaticals in a row; 2015, 2008,
2001, 1994, 1987, 1980, 1973.
In the Bible, the
command to release debts in the seventh year is in Deuteronomy 15:2.
For Orthodox Jews, this is the year 5775. It is also a Sabbatical year, where according to the Bible at the end of this year debts are to be forgiven. That is 5775 / 7 = 825, meaning this is the 825th Sabbatical year since the beginning of creation. Also, please take note; the Hebrew calendar does not begin January 1st. The Hebrew year begins in September with Rosh Hashanah in the month of Tishri. Nissan, which is March - April, is also a suggested date of when the universe was created.
For Orthodox Jews, this is the year 5775. It is also a Sabbatical year, where according to the Bible at the end of this year debts are to be forgiven. That is 5775 / 7 = 825, meaning this is the 825th Sabbatical year since the beginning of creation. Also, please take note; the Hebrew calendar does not begin January 1st. The Hebrew year begins in September with Rosh Hashanah in the month of Tishri. Nissan, which is March - April, is also a suggested date of when the universe was created.
2015 is already following
the Sabbatical year pattern financial difficulties. It is already my first example, and since
August of 2014 the market has shown increased instability, where September was
the time of Rosh Hashanah, the date of
the Jewish New Year’s 5775 beginning.
This does not mean that
Jews are to blame for anything. The Sabbatical is Gd’s way. Gd is sovereign.
It is up to us to figure how to rule this world. This just happens
to be the way Gd makes us work.
Let me illustrate: it is
now 2015 according to the Gregorian calendar, a Sabbatical year, the 825th
Sabbatical, and financial markets are already showing signs of correction. The
pattern is as such, by subtracting 7 years from 2015, as the Sabbatical occurs
every 7 years; we end up with the last financial crisis, the Great Recession of
2008.
2015 - 7 = 2008, the 824th Sabbatical and a year of recession.
A 3rd example of this market recession pattern is the “Early 2000s recession” that lasted from March 2001–Nov 2001.
A 3rd example of this market recession pattern is the “Early 2000s recession” that lasted from March 2001–Nov 2001.
2008 – 7 = 2001, the 823rd
Sabbatical year, and a year of recession.
A 4th example of financial difficulty similar to this pattern was a bond market selloff of 1994.
2001 - 7 = 1994, the 822nd Sabbatical year, where there was a bond market selloff.
A 4th example of financial difficulty similar to this pattern was a bond market selloff of 1994.
2001 - 7 = 1994, the 822nd Sabbatical year, where there was a bond market selloff.
A 5th example is Black Monday (1987), where there was a historical stock market crash in the year 1987.
1994 - 7 = 1987, the 821st
Sabbatical year, and a period of market instability
A 6th example is the “1980 recession” that lasted from Jan–July 1980.
A 6th example is the “1980 recession” that lasted from Jan–July 1980.
1987 - 7 = 1980, the 820th
Sabbatical year, and a year of recession.
A 7th example is the “1973–75 recession” that lasted from Nov 1973 – Mar 1975. 1980 – 7 = 1973 yet another number divisible by 7 that follows the pattern of Sabbatical years.
A 7th example is the “1973–75 recession” that lasted from Nov 1973 – Mar 1975. 1980 – 7 = 1973 yet another number divisible by 7 that follows the pattern of Sabbatical years.
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