Two months from now the biblical Shemitah year will have played out and only then will we know whether it has left any significant event in its wake. In the past, this seven-year cycle has brought collapsing stock markets, tumbling currencies and the shaking of nations and empires. This period of early autumn was the most crucial time on the biblical calendar for the ancient Israelites, with the end of the seven-year cycle described in Deuteronomy as the Shemitah or Sabbath year.
All farmland was to be left in a state of rest and the people were to focus on God and His will for their nation and their lives. This year on Sept. 13, the Shemitah reaches its peak on the last day on the Hebrew calendar, Elul 29, known as the “day of nullification.” All debt and credit were to be wiped away on this day as described by author Jonathan Cahn in his New York-Times bestseller, “The Mystery of the Shemitah,” published in September 2014. But the Shemitah can be a game-changer not only for economies and stock markets but also in geopolitics. READ MORE