A Phd. economist is aligning his views with biblical prophecy known as a Shemitah, which is going to occur this Sunday, September 13, 2015 and it predicts that an economic downturn or crisis is inevitable. It has been occurring in recent history every 7 years, according to the religious minister and author Jonathan Cahn.

In an interview with Perpetual Assets, Phd Economist Jim Willie says: “The odds of the Shemitah cycle being random is 61.8 Billion to one, according to my math. I believe the the crisis in 2015 is going to be worse than the Lehman Brothers in 2008. It will be the year the dollar faces its death, and I say it has already begun. The nations of the world will SCREAM for something to replace the dollar as the standard. The standard will be gold and the Remnimbi currency. The goal for this currency reset is for a total of 80% devaluation.”

This hearkens back to that old conspiracy theory that Saddam Hussein’s assassination wasn’t the result of mass atrocities but rather the result of the former president attempting to organize several middle-eastern countries into returning to a gold standard, which would effectively eliminate the US’s dollar as a viable source of currency.

That being said, there is most certainly a well-documented phenomenon occurring with this 7-year cycle.