Stock markets across the globe opened the week suffering massive losses, with Japan and Taiwan being hit the hardest.
Japan’s Nikkei Stock Average closed Monday down 12.4%, which was the largest single-day percentage drop for the nation since the infamous 1987 “Black Monday” Wall Street crash.
*JAPAN’S NIKKEI CLOSES DOWN 12%, LARGEST POINT DROP IN HISTORY EXCEEDING BLACK MONDAY 1987
Holy. Shit. pic.twitter.com/mZl6bvKlUM
— Geiger Capital (@Geiger_Capital) August 5, 2024
The Taiwan Stock Exchange (TWII) went down 8.4% on Monday, a record one-day plunge for the country’s market.
BREAKING:
Taiwan's stock market crashes to worst day in 57 years – Bloomberg pic.twitter.com/y6cmyzY7Su
— Radar
(@RadarHits) August 5, 2024
Both nations blamed poor outlooks for the U.S. economy and jobs data for the losses.
So far on Monday, the U.S. stock market has reportedly lost nearly 2 trillion dollars.
JUST IN:
Over $1.93 trillion wiped out from the US stock market so far today. pic.twitter.com/LVnknYv2eB
— Watcher.Guru (@WatcherGuru) August 5, 2024
A Fox News reporter said Nasdaq had its record one-day fall at over 1,000 points.
— R A W S A L E R T S (@rawsalerts) August 5, 2024
With a recession possible, some experts are calling on the Federal Reserve to issue an emergency rate cut of 0.75%.
Besides the U.S. economy suffering under the corrupt and incompetent Biden regime, the threat of WWIII, civil unrest and fear of another four years under Democrat rule are also sending stock markets on a downward spiral.
Of course, Infowars and others have been warning for years about the planned economic collapse globalists at the World Economic Forum, World Bank, and other groups have been orchestrating for decades.
As part of the Great Reset agenda, WEF founder Klaus Schwab has written about a “Great Reset” of capitalism.
A global recession or depression would provide the opportunity for the globalist’s scheme to be introduced as a replacement system following a major economic disaster.
While stocks suffer globally, England appears ready to fall into civil war any day, Russia and Ukraine continue fighting, and the Israel-Iran conflict may drag the entire world into an all-out brawl.
Welcome to Klaus Schwab’s angrier world!
“We have to prepare for an angrier World”
~ Klaus Schwab
We are all being provoked into civil strife/war. Any misbehavior will be used against us – plastered all over legacy media.
Most people are clueless, most have never heard of WEF.
Remember: You're audience is the… pic.twitter.com/Srm1RFnn4Y
— Anti WEF (@ANTlWEF) August 4, 2024