RE: The Harbinger - Does the Bible have a place in Economics?

Asked by: Jikpamu
  • 13 Sept 2015 (29 Elul) - Sunday: While Cahn prefers not to speculate on what, if anything, might befall America on Sept. 13, 2015...

    Shemitah and 29 Elul


    1) 17 Sept 2001 (29 Elul)


    The destruction of the Twin Towers and other properties caused serious damage to the economy of Lower Manhattan and had a significant effect on global markets, closing Wall Street until September 17.


    NEW YORK (CNNfn) - U.S. stocks plunged to their lowest levels in nearly three years Monday, and the Dow Jones industrial average suffered its worst point-loss in history as trading resumed for the first time following last week's terrorist attacks.

    2) 29 Sept 2008 (29 Elul)


    2008 – Following the bankruptcies of Lehman Brothers and Washington Mutual, The Dow Jones Industrial Average falls 777.68 points, the largest single-day point loss in its history.


    NEW YORK (CNNMoney.Com) -- Stocks skidded Monday, with the Dow slumping nearly 778 points, in the biggest single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan.

    The day's loss knocked out approximately $1.2 trillion in market value, the first post-$1 trillion day ever, according to a drop in the Dow Jones Wilshire 5000, the broadest measure of the stock market.

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