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On the first day of trading after Standard and Poor's downgraded U.S. credit to AA+ from the top-level ranking of AAA, the Dow Jones Industrial Average closed down more than 630 points, or 5.5 percent, according to Google Finance. That is the sixth-worst total point drop in the history of the Dow Jones.
The S&P 500 itself suffered an even larger percentage of 6.66 percent on Monday, or 79.9 points, ending at 1,119 points, according to Google Finance.
It is interesting that yesterday's huge drop in the stock market should produce such significant numbers.
The Dow was down 5.55%.
The S&P was down 6.66%
Three years ago, on Sept. 29, 2008, the Dow went down 777 points. This came in the wake of Lehman Brothers filing bankruptcy on Sept. 15, 2008. This past Sunday, when world-wide markets were open and began to crash, the Israeli stock exchange plunged 7% in the midst of 250,000 protesters on Rothschild Blvd. in Tel Aviv.
If we count the days from Lehman Brothers' collapse, it is 1056 days until this past Sunday. In prophetic biblical measurements, we note that a "reed" is 1056 feet. It is also the year that Noah was born (1056 years from Adam).
A reed is 7 regular cubits, or 6 cubits of the Sanctuary. A reed is 42 Handbreadths. This is the measure that is used in Revelation 11:1, 2, where we learn that a Handbreadth of linear measure is one "month" in prophecy. Hence a reed of 42 Handbreadths is equal to 42 months.
So I find it prophetically significant that from the collapse of Lehman Brothers to this collapse of Israeli stock exchange (followed by our own on Monday) is 1056 days, or one reed.
Perhaps this has to do with coming into "the days of Noah" (Matt. 24:37). In fact, Noah's father, Lamech, lived to be 777 years old, same number as seen in the Dow's plunge on Sept. 29, 2008 in the wake of Lehman Brothers bankruptcy two weeks earlier.
We may also see some significant event occurring 1056 days after Sept. 29, 2008 when the Dow plunged 777 points. That would be Sunday, August 21, 2011.
So there is something prophetic going on here, which ought to be watched carefully. Events are still developing, so we do not yet have a clear picture of where this is heading in the short-term. In the long-term, of course, it is part of the overall collapse of Mystery Babylon and its Western banking system.
Looking back at the prophetic patterns of Scripture and history, we know that Babylon was overthrown by Medo-Persia, the original "kings of the east." King Cyrus of Persia was a type of Messiah (Isaiah 45:1), showing that there were two levels of fulfillment in the overthrow of Babylon. On the surface, it was just one pagan nation overthrowing another. Under the surface, Cyrus represented Christ overthrowing Babylon and setting up the Kingdom of God.
So also today. Mystery Babylon is the modern form of the old Babylonian system that was in rebellion against God through the spirit of Nimrod, "the rebel." Mystery Babylon is now being overthrown by the new "kings of the east," primarily China and Japan. You might call them "Mystery Medo-Persia," since this financial war is being fought largely in secret.
Their view is that money ought to be backed by gold and silver, rather than having "fiat" money that has no backing. So God is using them to set us free from Babylon. They probably have no more understanding of how God is using them than King Cyrus did in ancient history. Certainly, they do not comprehend that they are inadvertently setting the stage for the Kingdom of God. When they finally succeed in overthrowing Mystery Babylon, the result will not be as they had planned originally.
Keep in mind that the entire prophecy of King Cyrus is in Isaiah 45, where God proves His sovereignty by showing that He can use a pagan king to accomplish His purposes.
When these events occur on biblical time measurements, such as a "reed" of 1056 days, it shows God's fingerprint on world events. A reed is a double "key of David" (2 x 528). Three reeds is 3168 feet, which is the numeric value of Lord (800) Jesus (888) Christ (1480).
Solomon's temple was 60 cubits long and 20 cubits wide (2 Chron. 3:3). The perimeter measured 160 cubits total. A cubit was 19.8 inches. 160 x 19.8 = 3168. Hence, Solomon's temple measured 3168 inches around the perimeter, because it was designed to reveal the Lord Jesus Christ (3168).
So if the recent market plunge has anything to do with the birth of Noah (or the beginning of the days of Noah), there will be good news and bad news. The bad news is for Babylon, which is about to be taken away (Matt. 24:39). The good news is that the flood of the Holy Spirit is soon coming, which will cover the earth as the waters cover the sea.
Be sure that you are on the winning side.