Posted: 14 Aug 2017 Michael Snyder THE ECONOMIC COLLAPSE BLOG
Next Monday, we are going to witness one of the strangest events in U.S. history. This will be the first total solar eclipse to ever be seen only in the United States and nowhere else. Millions upon millions of people are going to flock to areas of the country where the full eclipse will be visible, but everyone in the continental United States is going to be able to see at least a partial eclipse. There are lots of very unusual numbers associated with this eclipse, but in this article I want to focus on the number 40, and as this article unfolds you will start to understand why. Our planet is the only place where you can view a total solar eclipse, and that is because our sun and our moon appear to be the same size in the sky. Of course the sun is much, much larger than the moon, but because the sun is approximately 400 times farther away than the moon they appear to us to be nearly the same size… The sun and moon appear the same size in Earth’s sky because the sun’s diameter is about 400 times greater – but the sun is also about 400 times farther away.I have previously discussed the fact that the solar eclipse on August 21st is the first day in a 40 day period that ends with Yom Kippur. But what I haven’t mentioned is that the month of Elul on the Jewish calendar begins on the very next day after the eclipse. Elul is traditionally known as “the month of repentance”, and it is a time when people all over the world prepare for the High Holy Days… In the Jewish tradition, the month of Elul is a time of repentance in preparation for the High Holy Days of Rosh Hashanah and Yom Kippur. The word “Elul” is similar to the root of the verb “search” in Aramaic. The Talmud writes that the Hebrew word “Elul” can be understood to be an acronym for the phrase “Ani L’dodi V’dodi Li” – “I am my beloved’s and my beloved is mine” (Song of Solomon 6:3). Elul is seen as a time to search one’s heart and draw close to God in preparation for the coming Day of Judgement, Rosh Hashanah, and Day of Atonement, Yom Kippur.It is also believed that the first of Elul was when Moses began a period of 40 days of fasting and prayer on behalf of the people of Israel after they worshipped the golden calf. The following comes from Rachel Baxter… According to Jewish tradition, the month of Elul is the time that Moses spent on Mount Sinai preparing the second set of tablets after the golden calf incident (Exodus 32; 34:27-28). He ascended on Rosh Chodesh Elul and descended on the 10th of Tishri, at the end of Yom Kippur, when repentance was complete. Elul marked the beginning of a period of 40 days that Moses prayed for God to forgive the people for worshipping the golden calf.Of course the number 40 comes up time after time throughout the Scriptures. Here are a bunch more examples… In the Old Testament, when God destroyed the earth with water, He caused it to rain 40 days and 40 nights (Genesis 7:12). After Moses killed the Egyptian, he fled to Midian, where he spent 40 years in the desert tending flocks (Acts 7:30). Moses was on Mount Sinai for 40 days and 40 nights (Exodus 24:18). Moses interceded on Israel’s behalf for 40 days and 40 nights (Deuteronomy 9:18, 25). The Law specified a maximum number of lashes a man could receive for a crime, setting the limit at 40 (Deuteronomy 25:3). The Israelite spies took 40 days to spy out Canaan (Numbers 13:25). The Israelites wandered for 40 years (Deuteronomy 8:2-5). Before Samson’s deliverance, Israel served the Philistines for 40 years (Judges 13:1). Goliath taunted Saul’s army for 40 days before David arrived to slay him (1 Samuel 17:16). When Elijah fled from Jezebel, he traveled 40 days and 40 nights to Mt. Horeb (1 Kings 19:8).And virtually everyone knows that the Lord Jesus was tempted for 40 days in the wilderness, and that there were 40 days between His resurrection and His ascension. In addition, I already noted yesterday that the prophet Jonah gave the people of Nineveh 40 days to repent before judgment would strike. It is interesting to note that there is a town known as “Nineveh” in the United States as well. On Monday, 93 percent of the sun will be blotted out by the moon in that little town, and 7 years later the eclipse of 2024 will blot out 100 percent of the sun in that same town. Many will dismiss the things that I have been pointing out about these eclipses as “coincidences”, but it is imperative to remember that these sorts of solar eclipses are actually very rare. The following comes from Faithwire… But, with that said, there are some intriguing and defining elements surrounding the coming Aug. 21 event, including the fact that it is the first time since 1257 that the entirety of the total eclipse is exclusively viewable from inside the U.S.For centuries, many have believed that a solar eclipse is a sign that judgment is coming upon a nation. I don’t know if that is what this solar eclipse means, but Jesus did warn us to watch for signs in the sun, moon and stars just prior to His return. So does this solar eclipse start a period of “40 days and 40 nights” for America? I don’t know, but God definitely likes to use the number 40, and throughout history He has repeatedly used His calendar to get our attention. Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.
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Showing posts with label US history. Show all posts
Showing posts with label US history. Show all posts
Tuesday, August 15, 2017
Will The August 21st Solar Eclipse Begin A Period Of “40 Days And 40 Nights” For America? Michael Snyder THE ECONOMIC COLLAPSE BLOG
Saturday, January 16, 2016
Welcome To The New Normal: The Dow Crashes Another 390 Points And Wal-Mart Closes 269 Stores - Michael Snyder THE ECONOMIC COLLAPSE BLOG
Posted: 15 Jan 2016 03:17 PM PST Michael Snyder THE ECONOMIC COLLAPSE BLOG
Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June? The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control.
On Friday, Jan. 15, 2016, the Dow plunged another 390 points, and it is now down a total of 1,437 points since the beginning of this calendar year. Never before in U.S. history have stocks ever started a year this badly.
The same thing can be said in Europe, where stocks have now officially entered bear market territory. As I discussed yesterday, the economic slowdown and financial unraveling that we are witnessing are truly global in scope. Banks are failing all over the continent, and I expect major European banks to start making some huge headlines not too long from now. And of course let us not forget about China.
On Friday the Shanghai Composite declined another 3.6 percent, and overall it is now down more than 20 percent from its December high. Much of this chaos has been driven by the continuing crash of the price of oil. As I write this article, it has dipped below 30 dollars a barrel, and many of the big banks are projecting that it still has much farther to fall.
The other night, Barack Obama got up in front of the American people and proclaimed that anyone that was saying that the economy was not recovering was peddling fiction. Well, if the U.S. economy is doing so great, then why in the world has Wal-Mart decided to shut down 269 stores?…
Wal-Mart doesn’t retreat. For decades, Wal-Mart has been on a relentless march forward. They have been an unstoppable juggernaut that has expanded extremely aggressively and that has ruthlessly crushed the competition.
I was absolutely stunned when I saw that they were going to close down 269 stores. If you want to know if your local store is in danger, you can view the full list right here.
Overall, 10,000 Wal-Mart employees will be affected. I could understand closing down a few underperforming stores, but if the U.S. economy truly is in great shape then it wouldn’t make any sense at all to shut down hundreds of stores.
What in the name of Sam Walton is going on out there?
The truth, of course, is that the U.S. economy is in great danger. We have now entered the next great crisis, but most communities around the country never even recovered from the last one. In fact, the Wall Street Journal is reporting that a whopping 93 percent of all counties in the United States “have failed to fully recover” from the last recession…
As the collapse on Wall Street accelerates, we are going to increasingly see panic selling and forced liquidations. In the past, it was mostly humans that had their hands on the controls during market crashes, but today the machines are making more of the decisions than ever before. The following comes from CNBC…
And of course the markets are so incredibly fragile at this point that any sort of a “trigger event” could cause a collapse of epic proportions.
All it is going to take is a major disaster or emergency of some sort.
Do you have a feeling that something really bad is about to happen? This is something that I have been hearing from people that I respect, and I would like to know if it is a phenomenon that is more widespread. If you have been feeling something like this, please feel free to share it with us by posting a comment below…
On Friday, Jan. 15, 2016, the Dow plunged another 390 points, and it is now down a total of 1,437 points since the beginning of this calendar year. Never before in U.S. history have stocks ever started a year this badly.
The same thing can be said in Europe, where stocks have now officially entered bear market territory. As I discussed yesterday, the economic slowdown and financial unraveling that we are witnessing are truly global in scope. Banks are failing all over the continent, and I expect major European banks to start making some huge headlines not too long from now. And of course let us not forget about China.
On Friday the Shanghai Composite declined another 3.6 percent, and overall it is now down more than 20 percent from its December high. Much of this chaos has been driven by the continuing crash of the price of oil. As I write this article, it has dipped below 30 dollars a barrel, and many of the big banks are projecting that it still has much farther to fall.
The other night, Barack Obama got up in front of the American people and proclaimed that anyone that was saying that the economy was not recovering was peddling fiction. Well, if the U.S. economy is doing so great, then why in the world has Wal-Mart decided to shut down 269 stores?…
Walmart (WMT) will close 269 stores around the world in a strategic move to focus more on its supercenters and e-commerce business, the company said Friday.
The closures include 154 U.S. locations, encompassing Walmart’s entire fleet of 102 ‘Express’ format stores, its smallest stores that have been in pilot testing since 2011. Some supercenters, Sam’s Club locations and Neighborhood Markets will also close, plus 115 stores in Latin American markets. The closures were decided based on financial performance and how well the locations fit with Walmart’s broader strategy, says Greg Hitt, a company spokesman.We have grown accustomed to other major retailers shutting down stores, but this is Wal-Mart.
Wal-Mart doesn’t retreat. For decades, Wal-Mart has been on a relentless march forward. They have been an unstoppable juggernaut that has expanded extremely aggressively and that has ruthlessly crushed the competition.
I was absolutely stunned when I saw that they were going to close down 269 stores. If you want to know if your local store is in danger, you can view the full list right here.
Overall, 10,000 Wal-Mart employees will be affected. I could understand closing down a few underperforming stores, but if the U.S. economy truly is in great shape then it wouldn’t make any sense at all to shut down hundreds of stores.
What in the name of Sam Walton is going on out there?
The truth, of course, is that the U.S. economy is in great danger. We have now entered the next great crisis, but most communities around the country never even recovered from the last one. In fact, the Wall Street Journal is reporting that a whopping 93 percent of all counties in the United States “have failed to fully recover” from the last recession…
More than six years after the economic expansion began, 93% of counties in the U.S. have failed to fully recover from the blow they suffered during the recession.The next few weeks are going to be very interesting to watch. The economic fundamentals continue to deteriorate, and the financial markets are finally starting to catch up with economic reality.
Nationwide, 214 counties, or 7% of 3,069, had recovered last year to prerecession levels on four indicators: total employment, the unemployment rate, size of the economy and home values, a study from the National Association of Counties released Tuesday found.
As the collapse on Wall Street accelerates, we are going to increasingly see panic selling and forced liquidations. In the past, it was mostly humans that had their hands on the controls during market crashes, but today the machines are making more of the decisions than ever before. The following comes from CNBC…
The new market age is decidedly different: Rather than that seething cacophony, aggressive corrections like the current ones are directed by a faceless metronome of computer-generated orders, triggering irresistible momentum and trillions in losses.
Amid it all, market veterans are left to ponder when the script will flip and market direction will turn not by newfound optimism among traders in the pits, but rather by algorithms that generate “buy” rather than “sell” signals.Earlier today, an article authored by Michael Pento entitled “A recession worse than 2008 is coming” was posted on CNBC. Here is a short excerpt…
“It feels like sell program after sell program,” said Michael Cohn, chief market strategist at Atlantis Asset Management, a boutique firm in New York. “It seems to happen first thing in the morning, and then however the market transpires during the day is how they close it. If it looks like it’s coming back, they’ll take it at the end. If if looks like it’s heading lower, they’ll slam it at the end of the day.”
But a recession has occurred in the U.S. about every five years, on average, since the end of WWII; and it has been seven years since the last one — we are overdue.
Most importantly, the average market drop during the peak to trough of the last 6 recessions has been 37 percent. That would take the S&P 500 down to 1,300; if this next recession were to be just of the average variety.If stocks do drop a total of 37 percent, that would just bring them back to levels that would be considered “normal” or “average” by historical standards. There is certainly the possibility that they could fall much farther than that.
But this one will be worse.
And of course the markets are so incredibly fragile at this point that any sort of a “trigger event” could cause a collapse of epic proportions.
All it is going to take is a major disaster or emergency of some sort.
Do you have a feeling that something really bad is about to happen? This is something that I have been hearing from people that I respect, and I would like to know if it is a phenomenon that is more widespread. If you have been feeling something like this, please feel free to share it with us by posting a comment below…
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