There are also worries that Lehman's problems would infect other financial companies and spread to global stock markets, further harming the U.S. and global economies. Wilbur Ross, chairman and CEO of WL Ross & Co. said that he sees, "possibly as many as a thousand bank closures in the coming months."
But it's not only banks that are in trouble, the upheaval in the American financial system are sending shock waves through the stock market, producing the worst day on Wall Street. The Depression will make all this look like a cake walk.
The spiritual and materialistic significance of the collapse of the American financial institutions means that the 'abundance faucet' has been permanently shut off. The Jewish nation living in America will not only have to weather the deep, dark recession but also the escalation of antisemitism which will rise to unimaginable heights.
Prophet Ovadia, zs'kl, says the reason for Edom's downfall is because:
זְדוֹן לִבְּךָ הִשִּׁיאֶךָ, שֹׁכְנִי בְחַגְוֵי-סֶלַע מְרוֹם שִׁבְתּוֹ; אֹמֵר בְּלִבּוֹ, מִי יוֹרִדֵנִי אָרֶץ.
The pride of your heart has beguiled thee, O thou that dwells in the clefts of the rock, thy habitation on high; that says in thy heart: 'Who shall bring me down to the ground?'
Having read the above, we can now see that Kadosh Elyon Saraf Elokim Tzaddik Mekubal Rav Avraham Azulai, zs'kl, prophecies are right on target...
* At the end of the years 5,760 (the latest 5760 is 5769) since the creation of the world, the Pasuk from Zechariah 13;2 "וְאֶת-רוּחַ הַטֻּמְאָה, אַעֲבִיר מִן-הָאָרֶץ and the unclean spirit to pass out of the land" will occur.
* In the scenario of "In its due time," which begins in 2 weeks, Shnat Yovel 5769, Merciful HaShem will make Am Israel enormously poor to a point we will increasingly weep and this will cause our toughened hearts to soften to be able to do sincere Teshuva.
It's time to prepare ourselves physically and spiritually for the days ahead...
Labels: Signs of Redemption