The economy is one of the indicator of the end times and the nearing of the Tribulation. During the Tribulation there will be devastating economic upheavals, so tremendous that the entire globe accepts a one world currency. Things have to be pretty bad for people to give up their own national currency and throw their economies together. We know one economic condition that will be present is that much of the world has to work an entire day to earn enough to pay for a loaf of bread. How, exactly, the world goes from 192 individual nations with varying degrees of prosperity, their own currency, and economic ties and trades, to a desperate world crying for bread and accepting a one-world-currency, is not known. Some think that the disappearance of millions of Christians would be a catalyst for an economic crash leading to to those conditions. It does make some sense, that the sudden vacuum created once millions of people are gone from a viable economic system; employed and employer, contributor to the cash economy, producers and consumers, it may lead to such a crash. Another one is the Hindenburg Omen.
ZeroHedge wrote that “The Hindenburg Omen has arrived“:
“Easily the most feared technical pattern in all of chartism (for the bullishly inclined) is the dreaded Hindenburg Omen. Those who know what it is, tend to have an atavistic reaction to its mere mention. Those who do not, can catch up on its implications courtesy of Wikipedia, but in a nutshell: “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” Granted, the Hindenburg Omen is not a guarantee of a crash, and the five criteria that must be met for a Hindenburg trigger typically need to reoccur within 36 days for reconfirmation. Yet the statistics are startling: “Looking back at historical data, the probability of a move greater than 5% to the downside after a confirmed Hindenburg Omen was 77%, and usually takes place within the next forty-days.” The last Hindenburg Omen occurred during the lows of 2009. Today, we just had another (unconfirmed) Hindenburg Omen. It is time to batten down the hatches – something big is coming.”
“As a reminder, the 5 criteria of the Omen are as follows:”
“1. That the daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of total NYSE issues traded that day.
2. That the smaller of these numbers is greater than or equal to 69 (68.772 is 2.2% of 3126). This is not a rule but more like a checksum. This condition is a function of the 2.2% of the total issues.
3. That the NYSE 10 Week moving average is rising.
4. That the McClellan Oscillator is negative on that same day.
5. That new 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs). This condition is absolutely mandatory.”
“Today, (August 12, 2010) all five conditions were satisfied.”
The writer said that the last time the Hindenburg Omen appeared was June 2008 and within 120 days, the devastating rollercoaster and eventual crash of the world’s markets occurred in the fall. But even worse, he said, “should the Omen be reconfirmed within 36 days, all bets are off.”
The world’s economic systems are creaking along, barely, with many nations (including ours in America) insolvent. How long this can continue only God knows. But the actual zeppelin Hindenburg crash in 1937 was fast, devastating, and complete. Just like the upcoming crash in store for non-believers will endure in the Tribulation.