{"id":11445,"date":"2015-08-25T06:11:03","date_gmt":"2015-08-25T11:11:03","guid":{"rendered":"http:\/\/olduvai.ca\/?p=11445"},"modified":"2015-08-25T06:11:03","modified_gmt":"2015-08-25T11:11:03","slug":"black-monday-the-first-time-ever-the-dow-has-dropped-by-more-than-500-points-on-two-consecutive-days","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=11445","title":{"rendered":"BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points On Two Consecutive Days"},"content":{"rendered":"

BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points On Two Consecutive Days<\/a><\/h3>\n

\"New<\/a>On Monday, the Dow Jones Industrial Average plummeted\u00a0588 points<\/strong>. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow actually performed better than almost every other major global stock market on Monday.\u00a0 In the U.S., the S&P 500 and the Nasdaq both did worse than the Dow. In Europe, almost every major index performed significantly worse than the Dow.\u00a0 Over in Asia, Japanese stocks were down 895 points, and Chinese stocks experienced the biggest decline of all (a whopping 8.46 percent). On June 25th, I was not kidding around when I issued a \u201cred alert<\/a>\u201d for the last six months of 2015. I had never issued a formal alert for any other period of time, and I specifically stated that \u201ca major financial collapse is imminent<\/a>\u201c. But you know what? As the weeks and months roll along, things will eventually be even worse than what any of the experts (including myself) have been projecting. The global financial system is now unraveling, and you better pack a lunch because this is going to be one very long horror show.<\/p>\n

Our world has not seen a day quite like Monday in a very, very long time. Let\u2019s start our discussion where the carnage began\u2026<\/p>\n

Asian Markets
\n<\/strong><\/p>\n

For weeks, the Chinese government has been taking unprecedented steps to try to stop Chinese stocks from crashing, but nothing has worked. As most Americans slept on Sunday night, the markets in China\u00a0absolutely imploded<\/a>\u2026<\/p>\n

As Europe and North America slept on Sunday night,\u00a0Chinese markets went through the floor<\/a>\u00a0\u2014 the Shanghai Composite index of stocks fell by\u00a08.49%<\/strong>, the biggest single-day collapse since 2007.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points On Two Consecutive Days On Monday, the Dow Jones Industrial Average plummeted\u00a0588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[34,130,216,5983,281,500,4901,696,6537,3783],"class_list":["post-11445","post","type-post","status-publish","format-standard","hentry","category-economics","tag-asia","tag-china","tag-dow","tag-economiccollapseblog","tag-europe","tag-market-collapse","tag-michael-snyder","tag-sp","tag-shanghai-composite","tag-stock-market-collapse"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/11445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11445"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/11445\/revisions"}],"predecessor-version":[{"id":11446,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/11445\/revisions\/11446"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}