Firing back at accusations, which proved incorrect, he had predicted the end of the world, Rabbi Jonathan Cahn appeared on “The Jim Bakker Show” to explain how the 2015 Shemitah actually fit the usual pattern of the seven-year biblical cycle.
“The most central dominant template of the Shemitah that is in the book again, again and again is not a date crash (which has happened twice) but is specifically this – a rising stock market, a bull market, which when it comes to the Shemitah, turns around and begins to descend and descend and descend,” said Cahn. “This is not for a day but over months; it is a bigger, longer phenomenon. That is the central template that happened again and again and again.
“Did this happen in the Shemitah of 2015?” he asked rhetorically. “The answer is yes, it absolutely has happened. The stock market, which had been rising, a bull market, reaches the Shemitah, hits its peak May 19 and begins a long-term collapse.”
Cahn noted the weeks leading up to September were filled with volatility, including some of the largest single-day declines in stock market history last August. Perhaps more importantly, Cahn argued, August witnessed huge declines in the stock markets of Brazil, India and especially China, where the stock market fell almost 40 percent. The total losses worldwide are many trillions of dollars, Cahn noted.
Cahn, subject of the hit new documentary film “The Harbinger Man,” also pointed out the Shemitah of 2015 marks the end of the “American Age” in global geopolitics.
Read more at http://www.wnd.com/2015/11/what-you-need-to-know-about-end-times-forecasts/#rQP0leJkmelSxhRD.99