
756: Shemita Cycle
Jeff Berwick, Shemitah Seven-Year Financial Cycle
Financial analyst Jeff Berwick highlights the "Shemitah," a seven-year Sabbath cycle in the Torah that has historically coincided with major market collapses. The end of the Shemitah in 2001 saw the 9-11 market crash, and the 2008 cycle ended with a record 777-point Dow drop. Berwick warns that the current Shemitah year ends on September 15, 2015, potentially signaling a new financial crisis.

