Is Financial Armageddon Approaching?
Wall Street banks and the stock market exchange is basically legalized gambling, lawyer and blogger Michael Snyder says.
The whole “Too big to fail” idea? Rubbish. Now, America rapidly approaches a financial crisis.
“They didn’t learn their lesson last time around with the last financial crisis,” Synder says. “Instead they’ve become even more reckless.”
Is this all related to the Shemitah?
“From the legal world, where I’m from, in the legal world there is a pronouncement of guilt before a sentence is administered,” Snyder says. “And I believe during the entire Shemitah year that America was shown her guilt the whole year long.”
But it’s not just those who recognize the Shemitah who see the struggles.
Several headlines from secular sources proclaim the financial gloom and doom that’s rapidly approaching.
“As banks retreat from businesses regulators deem risky, private-equity firms have entered the breach,” reads a story from The Wall Street Journal.
“Big banks continue retreat from mortgages,” declares CNBC.
From CNN Money: “Big banks are cringing as crude oil is crumbling.”
Need more evidence? Just watch the video.