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According to Nasari Buwani (Dr.  Downer)  and the prophecy of Edgar Cayce,  Wall Street will have a major crash in December of this year.

Nasari Buwani, professor of economics at Columbia University and chairman of Buwani Global Economics, has reportedly said that the stock market will be in for a major shock by December 18th of this year.

Buwani reportedly feels that the alarming economic downturn will cause “the global financial system to implode,” according to a source close to a Wall Street executive.

What is most shocking is the Edgar Cayce, known as the “sleeping prophet” predicted back in 1940 that there would be major stock market crash in December of 2012.

For forty-three years of his adult life, Edgar Cayce demonstrated an uncanny ability to predict the future.

Roubini reportedly has been a longtime follower of Cayce and agrees with him that the stock market will crash in December.  Cayce predicted that the crash would not just be in the U.S. – all major markets in the world will crash.

Edgar Cayce reportedly predicted that the crash in December will begin 10 years of further economic downturn throughout the world and then… the next fifty years will be the most prosperous and happiest of any time in the history of mankind.

So, if we can just make it through the next 10 years, we’ll be good.

Many on Wall Street aren’t buying the predictions of Roubini and Cayce, but there are a lot of money managers already putting in sell orders for early December.

What will you do?  Do you believe Dr. Downer and The Sleeping Prophet?