Showing posts with label Bank of International Settlements. Show all posts
Showing posts with label Bank of International Settlements. Show all posts

Friday, July 10, 2015

Jonathan Cahn Offers Biblical Insight on Elul 29—The Day of Nullification

Jonathan Cahn Offers Biblical Insight on Elul 29—The Day of Nullification


The New York Stock Exchange went dark on Wednesday. The nation of Greece is seeing its financial crisis grow worse by the day and some are wondering if China could be facing a 1929 moment.
The New York Stock Exchange went dark on Wednesday. The nation of Greece is seeing its financial crisis grow worse by the day and some are wondering if China could be facing a 1929 moment. (Reuters)
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The New York Stock Exchange went dark on Wednesday. The nation of Greece is seeing its financial crisis grow worse by the day and some are wondering if China could be facing a 1929 moment.
Against this backdrop, the Bank of International Settlements has warned that the world is unable to fight the next global financial crash because central banks have spent everything they have to overcome the last meltdown.
None of this is any surprise to prophets who understand the end times. Jonathan Cahn, author of The Harbinger and The Mystery of the Shemitah, has some sobering thoughts on the events unfolding before our eyes.
"We are now approaching the final two months of the Shemitah," says Cahn, who stunned millions across America and the world with the mysteries revealed in his New York Times best-seller The Harbinger. He now uncovers and reveals a new realm of astonishing mysteries so big they lie behind everything from world wars, the rise and fall of nations, economic recession and financial collapse and your future. 
As he sees it, this is the most crucial time on the biblical calendar. 
"In September, the Shemitah reaches it peak on Elul 29, the Day of Nullification, when all debt and credit are wiped away. The markets have been largely expanding for several years. So to see the sudden destabilization of the global financial realm, in Greece, Europe and China, just as we head toward the Shemitah's climax is especially striking," Cahn says.
"Added to this, the Greek crisis specifically deals with issue of debt and debt relief—the central issue of the Shemitah. Whether or not the Greek crisis finds a resolution, the very fact that such sudden destabilization occurred as the Shemitah nears its conclusion may be taken as a first alarm."
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