One of the portents of the coming of Hazrat Mahdi (as) in the End Times is the outbreak of a great economic crisis. The hadith report that there will be a period of stagnation when people complain of such economic difficulties as “low earnings, and stagnation in the markets and in business.”
Everyone COMPLAINING OF LOW EARNINGS... the rich respected for their money... (Muhammad ibn 'Abd al-Rasul Barzanji, Al-Isha'ah li-ashrat al-sa'ah, p. 146) (Before the emergence of the Mahdi) StagnatIon IN THE MARKETS, A REDUCTION IN EARNINGS… (Muhammad ibn 'Abd al-Rasul Barzanji, Al-Isha'ah li-ashrat al-sa'ah, p. 148) Business being slack. Everyone will complain, “I cannot sell, buy or earn money.” (Muhammad ibn 'Abd al-Rasul Barzanji, Al-Isha'ah li-ashrat al-sa'ah, p. 152) |
An economic crisis is taking place across the world in which major economies such as America, China and Germany have suffered severe damage and which has caused world-famous companies, banks and industries to collapse. World Bank President Robert Zoellick says of this economic crisis;
"THERE IS A WIDESPREAD RECOGNITION THAT THE WORLD FACES AN UNPRECEDENTED ECONOMIC CRISIS, poor people could suffer the most and that we must continue to act in real time to prevent a human catastrophe."1 ___________________________1 http://abcnews.go.com/Business/wireStory?id=7436347 |
Thus clearly demonstrating the true extent of this economic stagnation. It is clear from this statement that this important hadith has also come about in the 1400s (according to the Islamic calendar) with this economic crisis, one of the portents of the coming of Hazrat Mahdi (as).