On this week’s “Hagee Hotline,” John Hagee warned viewers to prepare themselves for a global economic collapse that will happen this fall, during which half of the world’s wealth will be wiped out.

Coupling his own “blood moons” theory with Jonathan Cahn’s “shemitah year” theory, Hagee warned that the world is now on the verge of total economic chaos.

“Do I think the four blood moons is a messenger of a coming storm?” he asked. “Absolutely. History repeats itself. And also, in this September, the shemitah year is ending … 2015 is a shemitah year. September 28 is the fourth blood moon in this shemitah year. I believe, in the fall of this year, America and the world will face another economic crisis, perhaps as a result of war in the Middle East or an economic crash. But there are very sophisticated people on Wall Street saying we are facing a 50 percent correction in the stock market in the near future. Get ready. Americans should get prepared”: