You're such an asshole, Scoobs.
So, according to your "math" the second shmita year should have been 1908-1909 (1901+7=1908) - when apparently nothing happened and been followed by 1908+7 = 1915 (not 1916) and in either case WWI did not end until 1918 when the German, Austro Hungarian and Ottoman empires collapsed. 1915+7 would be 1922 when apparently nothing fucking happened either. 1922+7 would give you the fateful year of 1929 which might have helped your case if you knew what the fuck you were talking about except the market rallied heavily in early 1930 before collapsing and staying there.
Nonetheless, the stock market is presently pushing 20,000 so regardless of how much was "wiped out" the rich motherfuckers who call the shots always seem to come out ahead.
I suggest you and this shithead who designed that chart learn how to add by 7's.
Quote:1901-1902 Shmita Year - 46% U.S. Stock market value wiped out.
1916-1917 Shmita Year - 40% U.S. Stock market value wiped out. German, Austro-Hungarian, Russian and Ottoman Empires collapsed. Britain, the world's greatest empire was almost bankrupt. The beginning of American to rise to world power. All during this one Shmita year.
1930-1931 Shmita Year - 86% U.S stock market value wiped out in the worst financial crisis in modern history.
1937-1938 Shmita Year - 50% U.S. Stock market value wiped out. Global recession.
1944-1945 Shmita Year - End of German Reich and Britain's hold on territories. Establishment of America as the world's super power.
1965-1966 Shmita Year
So, according to your "math" the second shmita year should have been 1908-1909 (1901+7=1908) - when apparently nothing happened and been followed by 1908+7 = 1915 (not 1916) and in either case WWI did not end until 1918 when the German, Austro Hungarian and Ottoman empires collapsed. 1915+7 would be 1922 when apparently nothing fucking happened either. 1922+7 would give you the fateful year of 1929 which might have helped your case if you knew what the fuck you were talking about except the market rallied heavily in early 1930 before collapsing and staying there.
Nonetheless, the stock market is presently pushing 20,000 so regardless of how much was "wiped out" the rich motherfuckers who call the shots always seem to come out ahead.
I suggest you and this shithead who designed that chart learn how to add by 7's.