Financial Doom to happen on September 2015. Do you believe this?

Financial Doom to happen on September 2015. Do you believe this?

Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes

I stumbled upon this video about the Shemetah which is occurring in mid september of this year so I posted it.  It is a highly controversial conspiracy theory that the US is looking toward some kind of a financial meltdown this september.

I don't necessarily believe this but is poses very compelling information that does sort of point to this.

If you love a good conspiracy theory, you will want to watch this video.  Its 27 minutes long so only watch it when you have time.  

You will be entertained for sure and I would love to see what some of you think about it.  

http://wp.me/P6ekBj-lk

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Karen MargraveBusiness Member
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Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
11y

In biblical times the 7th year was declared the year of Jubilee, when everyone was to "forgive" the debts that were owed to them, allowing people to get out of the bondage of debt, and start anew. 

I think that teaching has been morphed into many of these new predictions, none of which I would give any credence to. 

See this reply in the discussion

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  • Investor · Wichita, KS · Member since 2015 · 769 posts · 279 votes
    11y

    Interesting, however doesnt appear the guy is speaking of anything groundbreaking.  I love a good conspiracy like the next guy/gal, however common sense tells you our currency isn't worth the paper it's printed on.  

    If there would be some sort of large collapse, not much any of us could do, secondly I'd be curious how the crazy eye'd guy in the video plans to profit from the subcribers he gets to sign up for his email list.

  • Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
    11y

    I agree, nothing ground breaking.  Just a bunch of weird facts and events occurring that he has tied all into this conspiracy theory leading up to this September.

    In the video, he thinks we should all buy gold, stock on water/food and ammo to prepare ourselves.   LOL.  Its wild!

    Nothing like a good conspiracy theory to brighten your outlook on life!!

  • Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
    11y

    For those of who dont want to watch the video, here are the cliff notes version.  Its long but it pretty much covers all the "important" stuff discussed:

    Here are the cliff notes.

    He notes a pattern of judgments at seven-year intervals stemmed from the shemetah which basically stands for "washing away of things"

    he went back on historical records on other shemitah years since 1900, here is what he found:

    1917 - the year US entered into WW1 - austrian, russan and german empires collapsed (a washing away if you will)

    1931 - another shemitah year - market dropped over 50%

    1938 - another market crash over 50%, another war started and ended 7 years later on the other shemitah year (a washing away)

    shemitah in 1973 - bretton woods worldwide monetary system collapsed

    1980 shemitah - the end of the massive inflationary 1970s (a washing away)

    1987 shemitah - black monday occured, biggest 1 day percentage drop in the dow. london market also closed due to a hurricaine (washing away)

    1994 - bond market - the great bond massacre. bond holders have $1 trillion in losses

    2001 shemitah - 9/11 and biggest market crash ever recorded

    2008 - biggest market crash ever recorded again

    coincidently, wall street also has what they call the "end of a seven year cycle"

    the end of the next shemitah cycle is sept 13, 2015

    here are things scheduled to happen around that time frame this year which could be concern:

    on sept 22 2015, new york city is having the 70th session of the UN General assemly where all the world leaders will congregate including the pope. they are calling this the "jubilee session" In the shemitah, every 7th seven year or every 49 years is call the jubilee also which means the year god gives back land taken away from their ancestors. That is this year. Coincidence?

    also happening around this time in september, the UN is planning the new plan to manage the entire globe called the sustainable development summit

    in the last jubilee year in 1967, Israel won the 7 day war when they recaptured thier land beating egypt, the west bank and defeated syria.

    in the jubilee year before that in 1918, the british empire took back jerusalem from the turkish ottoman empire.

    the next coming jubilee starts on sept 14th 2015

    recent economic, financial and military signs all pointing to disaster below

    countries are moving away from the dollar. china has new bank transfer system to compete with the SWIFT system so that they can get away from the dollar, supposed to be finished september 2015

    russia has been purchasing gold in record levels and trade agreements from other countries are now being done outside the US dollar

    Jade Helm occuring now which ends this september on the 15th. Jade Helm is a massive unprecedented rollout of the US Military within its own borders. The military is doing preperation for a possible massive civil unrest.

    also this year, the federal reserve in new york moved to chicago stating they want to avoid a "natural disaster"

    the next federal reserve meeting is set for sept 16 and 17 where it could be when they do the rate hike.

    home land security has bought record levels of AR-15 ammo this year (62 million rounds)

    Norad announced this year they are moving back to the cheyenne mountains noting because it is EMP hardened possibly preparing for a massive attack?

    Christine Legadre - managing director of the IMF had a weird speech last year where she stated " i want to test your numerology skills on the magic number 7, most of you know that is quite a number" apparently its implied no one knew what she was talking about. Weird or what? She knows something!

    french prime primster stated last year that 500 days from now we will hit a climactic abyss. which is supposed to sept 23rd from the day of his speech. no one ever questioned him about the 500 days.

    Everything seems to be gravitating towards this september and the US appears to be ground zero for this upcoming crisis.

    we have already seen the first rumbles with the shanghai market collapse and the greece debacle. chinese nasdaq also has fallen 30% in the recent months. These will all trigger a massive US financial break down.

    the guy predicting this has already dumped all this assets and US funds and moved them to internatinoal investments and accounts to prepare.

    He thinks we shoud stock up on food, water, gold and ammo.

    same guy also noted for telling everyone to buy bitcoin in 2011 when it was $3 per share, no one believed him and it rapidly went on to $400 per share, eventuallyl it rose to $1219.

    If you fast forward to 6 min and 26 seconds and watch from there, that is where it gets really good.

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    11y

    The Harbinger was a best selling novel from 2012 deals with this 7 year cycle with it's September events.  Pretty interesting, but I don't know that anyone should be dumping real estate.  Now stocks....

  • Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
    11y

    @Jon Klaus

    I completely agree with you. I wouldnt be dumping my real estate even if there were real estate crash.  Im making enough cash flow on each of my properties to lower the rent about $300 each and still break even.  Rents werent even impacted like that on the last housing bubble fiasco so I think we are good there.

    As for stocks, it is scary thinking what might happen.  I do think the stock market is going to correct itself sooner then later.  Not because of the video but just because of its natural cycle which should be ending soon anyways.

    Its funny you mention that book because that is exactly the book he mentions in that interview.

    Conspiracy theories to me are all fun and entertainment but it does kind of make you wonder.  At least for me it does.

  • Investor · Edwardsville, IL · Member since 2015 · 432 posts · 481 votes
    11y
    And I predict on January 1, 2000 all of the computers will crash - oh, thats right it didn't happen! Sorry couldn't resist. :D
  • Katy, TX · Member since 2014 · 134 posts · 18 votes
    11y

    Wages have decreased, everything else has increased. One hiccup and most people will not be able to hold on to what they have, especially an IRS audit.

  • Greg H.Pro Member
    Moderator
    Broker/Flipper · Austin, TX · Member since 2013 · 4k+ posts · 4k+ votes
    11y

    Based on this information, I will start printing out my offers for 50% of asking prices and date them for September 33rd!

    I have been doing this for 25 years and have seen the market up and down several times. I am always weary of being overextended and will say I have pulled back slightly over the past few months

  • Investor · Jericho, NY · Member since 2015 · 171 posts · 148 votes
    11y

    @Alexander A.

     Good news is that its only a month and half away! We don't have to wait too long to find out :)

  • Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
    11y

    @Pancham G.

    Ha! yes we are about 6 - 7 weeks from meltdown so we'll know really soon.  

  • Karen MargraveBusiness Member
    Moderator
    Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
    11y

    In biblical times the 7th year was declared the year of Jubilee, when everyone was to "forgive" the debts that were owed to them, allowing people to get out of the bondage of debt, and start anew. 

    I think that teaching has been morphed into many of these new predictions, none of which I would give any credence to. 

  • Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
    11y

    @Karen Margrave

    Yes according to the conspirator,  the jubilee is one of the big reasons why he thinks this september is doom day.

    "on sept 22 2015, new york city is having the 70th session of the UN General assembly where all the world leaders will congregate including the pope. they are calling this the "jubilee session". In the shemitah, every 7th seven year or every 49 years is also called the jubilee which means the year god gives back land taken away from their ancestors. That is this year. Coincidence?

    in the last jubilee year in 1967, Israel won the 7 day war when they recaptured thier land beating egypt, the west bank and defeated syria.

    in the jubilee year before that in 1918, the british empire took back jerusalem from the turkish ottoman empire.

    the next coming jubilee starts on sept 14th 2015"

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    11y

    Shmita is every 7 years and Jubilee is every 49 years; 7 seven year cycles.

    https://en.m.wikipedia.org/wiki/Shmita

    https://en.m.wikipedia.org/wiki/Jubilee_(biblical)

    Alexander, I've heard that scholars don't know for sure which are the correct years because they lost track some time in history when they weren't observing Shmia. Also, that God enforces the sabbath years in some ways when his people don't keep them, thus the big financial impact events. 

  • Karen MargraveBusiness Member
    Moderator
    Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
    11y

    Who knows? I didn't believe there was a bubble that was going to burst either! and it did't turn out well. So, I guess on September 23rd, I'll see if I missed another warning. 

  • Real Estate Professional · Coweta, OK · Member since 2015 · 2 posts · 0 votes
    11y

    What Alexander said! If you look back over history, it doesn't look good. I'd say that it's more than a coincidence these things happen like this. But I'll guess we'll see who's right in October!

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    11y
    Originally posted by @Donald Lawson:

    What Alexander said! If you look back over history, it doesn't look good. I'd say that it's more than a coincidence these things happen like this. But I'll guess we'll see who's right in October!

     Welcome to BiggerPockets, Donald. 

  • Investor · Beverly Hills, CA · Member since 2015 · 1 post · 0 votes
    11y

    Not a chance! 

  • Investor · Milford, CT · Member since 2015 · 200 posts · 69 votes
    11y

    I wouldn't mind a RE correction. All the amateur flippers are paying to much and getting annoying again in the market. We need another correction to drive them out. 

    I had a great time 2009-2011 doing deals, less competition and the competition that was around was pretty sophisticated.

  • Investor · Irvine, CA · Member since 2015 · 124 posts · 35 votes
    11y

    September, isn't that when Apple releases the new iPhone?

  • Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
    11y

    The DOW plummets over 500 pts today.  Worst drop since 2011.  Is it happening!?  Its not even september yet!!

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