Black Monday on 24 Aug 2015 marks the great fall of China with Shanghai main share index sliding 8.49% in a single day. The last Black Monday was in 19 Oct 1987, where subsequently stocks around the world crashed. So is this Black Monday a warning for greater fall to come? 7 year Shemiteh I do not know. However, I did notice coincidence that several stock market crashes occurred in cycle of 7 years. Year 1973, 1980, 1987, 2000/1, 2007/8, 2015? Jonathan Cahn, a pastor and also author of New York bestselling novel “The Harbinger”, call this phenomenon, Shemiteh. Read this link.  Cahn says: “Everything is converging around this time (which is based on 7 year cycles).  I believe we need to be ready, and that’s ......