A Weakening Economy in Specific Years


 

People will prosper until the ninety-fifth year, that is, their business will prosper. In the ninety-seventh and the ninety-ninth year, their possessions will go to waste... (Ibn Hajar al-Haythami, Al-Qawl al-Mukhtasar fi' 'Alamat al-Mahdi al-Muntazar, p. 54)

 

This hadith contains detailed information about the economic situation at the Golden Age.

It is highly probable that “ninety-fifth year” refers to the year 1995, a period when people had a relatively better life and its conditions have not become so difficult. Indeed, as described in the hadith, in this year, people will have enough income to earn a living and have some possessions. However, 1997 and 1999 was a period during which the economy deteriorated and poverty spread. In this time, possessions lost their value. Such an event can happen very quickly, as exemplified by Argentina's economic crisis experienced in the recent past.


Radikal, July 25, 2002
Cumhuriyet, August 1, 2001
Cumhuriyet, December 21, 2001
Milli Gazete, January 6, 2003