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Is there a divine hand in the Dow?

The "Butler 2" fire burns through San Bernadino National Forest

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Kai Ryssdal: There are a couple of phrases that have being thrown around pretty freely over the past couple of weeks. Crash, of course. Recession, sometimes. Financial Armageddon's another popular one. It's a biblical reference. Armageddon is where Jesus and the Antichrist battle it out at the end of world. It's an actual place, in fact. And as it turns out, scripture says financial Armageddon and Armageddon Armageddon might be related. Then again, they might not be. Marketplace's Sean Cole explains.


Sean Cole: When the financial crisis really started to take hold, I got to thinking what I often think in times of crisis: that people who already believe the world is coming to an end must be feeling pretty vindicated right now. So, I went to this Web site called Rapture Forums to check out some of the discussions. This was right after the House voted down the first bail out bill and the Dow tanked. Here are some excerpts:

First comment: People, I find it amazing that it would close 777 points down today. The biblical numbers of perfect completion. I pray we are out of here soon.

Second comment: I say praise God, bring it on!

Third comment: I second your statement to praise God. All this is just bringing us closer to being with Him.

The Rapture, if you're not familiar, is when all of Christ's followers ascend to heaven. This is supposed to happen before, or after depending on who you ask, a seven-year period of great tribulation. The Antichrist enslaves humanity. All sorts of awful things happen. That's a long way off yet, but supposedly we've already entered what's known as the end times. So, I thought I should talk to a couple guys who specialize in what you might call end times economics.

Norm Franz: I believe that the fact that the Dow was down 777 points on the eve of Rosh Hashanah it didn't happen by coincidence.

Norm Franz is the author of "Money and Wealth in the New Millenium." He writes and preaches a lot about the end times from a financial perspective. He says Rosh Hashanah is all about judgment, and two Mondays ago, God brought the gavel down.

Franz: He's saying that this world's financial system is built upon an unrighteous foundation.

Cole: So, it was God speaking to the earth through the stock market?

Franz: Yes, it was God speaking to the nations that what you're doing is not according to my ways and this is the consequence of your ways.

But in general and in this one case, not all end timers agree on the specifics.

Wilfred Hahn: It would be difficult to just say that, you know, that is a divine intervention in the Dow Jones.

Wilfred Hahn is the CIO of a wealth management company in British Columbia.

Hahn: Although I believe God does have a sense of humor and he's not above dropping a few hints.

He also publishes the Eternal Value Review--a bi-monthly newsletter about biblical prophecy and money. To him, the crisis is certainly a sign of the times.

Hahn: A sign of the times is very different than meaning prophecy is being fulfilled. But the bible does lay out some clear conditions and events and developments that'll happen inside the tribulation period and very certainly, that will involve financial collapses.

Paradoxically though, the tribulation is also supposed to involve a unified global economy, with a common currency. You might think all of this is crazy, but it's not something these folks made up. It's biblical interpretation. Revelations 13 for instance says no one would be able to buy or sell unless they had the mark of the beast, meaning the Antichrist. Some folks take that to mean we'll all have tiny, scannable credit cards implanted in our skin. And some folks, thus, think that kind of technology is evil. But Wilfred Hahn says it's only the Antichrist that's evil.

Hahn: That individual and groups of individuals working with him will just use the systems that are available to them at that point in time for evil purpose.

Cole: I see. So it's not one world economy per se that's bad, but a bad dude.

Hahn: We're dealing here with the human matters of the heart. What do we worship? Do we worship this late model car that we so love? It being a product of great technology. Or anything else so I think that's the point we really have to differentiate here is where are our hearts and our beliefs.

In other words, technology is fine as long as it doesn't take the place of God. And whether you're a believer or not, maybe now is a good time to ask ourselves what we worship.

I'm Sean Cole with Marketplace.

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Patricia Kelsey's picture
Patricia Kelsey - Oct 23, 2008

It is interesting how the word JESUS Chirst and the BIBLE are so offensive to people. Why do you think that is? The bible tells us that there is a right way and a wrong way to live your life. People do not want to hear that. Most people are no longer searching for "TRUTH". Most are making up their own truth. A set day, month, time and moment is already set by God the Father. When the time comes - EVERY KNEE SHALL BOW, AND EVERY TONGUE WILL CONFESS THAT JESUS CHRIST IS LORD. All will bow the knee whether they want to or not. Why not make your decision now and choose CHIRST?

Matthew Twentyfour's picture
Matthew Twentyfour - Oct 23, 2008

A global economic system will exist. This was unthinkable in the apostle John's day. Yet today, globalists in every level of government are seeking to unite the world. Connecting the world monetarily is crucial to their goal. One man will eventually control all banking and commerce. Remember, this prophecy was penned 2,000 years before our computer-driven society. Yet, until recently, you couldn't have even dreamed how a person could control all commerce. Revelation 13:16-18.

larry winnett's picture
larry winnett - Oct 17, 2008

lyttletyke
10/16/08

I enjoyed the article about divine intervention in the Dow. Especially the interviewer and your comments. True GOD does intervene in many things in society. But,what he does he always shows that it is him doing it. The disaster in the stockmarket to me is purely human error,maybe greed. I don't have enough information to make a good assesment of the problem. To Mr.Hahn I say that you did not tell us if GOD told you he did it. He can speak for himself. So,my opinion is that this is your opinion on what happened. Many of us Christians believe that we are in the end times. So,did they in the book of Acts. And the majority of believers in the days of the disciples. Please read your bibles. To the skeptics that GOD doesn't exist or that we are playing makebelieve games. History and the present prove that the Bible and the Torah are accurate. If there is still skepticism or outrage. Tell it to the anti-christ when he comes to power. And then if you live through that. Tell it to THE LORD JESUS CHRIST when he gets here. And JESUS will be here. When? Look it up in the Bible. It's not hard to understand if your really trying to find out. I know it happened to me when I was a skeptic and didn't believe anything GOD had to say. GOD made it perfectly clear what would happen to me if I stayed in the spiritual state I was in.
I applaude the American Public Media for publishing this article. Anyone think it might have been for divine purposes?

Alexandros Christodoulou's picture
Alexandros Chri... - Oct 16, 2008

The idea that the market crash is somehow an indicator that the world is going to end is doubtful at best, but it was a very interesting article. Good Job.
Yes, I bet that Jesus was really ticked off when his stock in the Lehman Brothers tanked...

James S's picture
James S - Oct 16, 2008

The story is great. It's well told and clever. It captures the essence of the kind of real-life Americans that wear Palin T-shirts. I would not last an hour in hell with the people who protest the merits of this story. And I wouldn't last a minute in heaven with the zealots who are already packed for The Rapture. Do Catholics still believe in limbo? Because that's sounding really good to me about now. Well done, Sean Cole. Once again, your story rates Best in Show.

Ben Hopper's picture
Ben Hopper - Oct 16, 2008

Jeff from Wisconsin,

Just because I live in Seattle, that makes me a Seahawks fan? Is that the depth of your intellect? That's like me saying you must own a cheesehead hat just because you live in Wisconsin. I don't like to presume things about people based on arbitrary facts. Just because you believe in an imaginary afterlife, doesn't mean you have the moral high ground, nor does it mean you know anything about me.

Jeff M's picture
Jeff M - Oct 16, 2008

Ben from Seattle,

You only see the physical temporal world. You are looking out of a vessel that will pass away. The hunk of flesh that hauls you around is not your immortal conscience. When that little domain of your life is done then you will experience reality. Until then you choose to speculate one way. That is you faith. It dictates your behavior. In my book you have the mental disorder. Why you probably think the Seahawks are good football team!

YP Prz's picture
YP Prz - Oct 16, 2008

Oooh. Respect! Objectivity! So refreshing! Journalism with capital J.
Thanks for this little bit!

James Gaudio's picture
James Gaudio - Oct 15, 2008

Hear Oh Earth and Be Silent Before HIM. The World is on the Brink of Economic Collapse... meanwhile Israel a Nation was born in ONE Day. Israel is blosoming as A bride coming down from heaven Adorned for her Husband who is Her Maker. The world is Having Birth pains....But her manchild was born 2000 years ago? Why is She having birth pains..if her Saviour was alread born? Who hath heard of such things... Thus saith the Lord.... Crown him with many crowns... his ways are UNSEARCHABLE and there was the Hiding of his POWER! Haleulia... Amen.

Ben Hopper's picture
Ben Hopper - Oct 15, 2008

Lisa,

You have a mental disorder. My eyes are open enough to see the real world in which we live. Not the fantasy world in which you seem to relish. I'm thankful I'm not one of the fools who are yearning for the so-called End Times, which will only be brought on by moronic, narrow-minded people like you. "God" will have nothing to do with it.

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