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'Black Monday': £74bn wiped off FTSE 100 as China fears prompt global panic-selling

Posted by George Freund on August 24, 2015 at 8:30 AM

China suffers worst trading day in eight years, and Russia's rouble falls to all time low in chaotic trading

• Shanghai composite falls as much as 9pc - reversing yearly gains

• More than $5 trillion has been wiped off global stocks since Aug 11

• £56bn wiped off FTSE today, down by more than 15pc since yearly high

• Germany's DAX below 10,000 point for first time this year

• Rouble falls to all time low against dollar on collapsing oil

• Global currency wars: what China's devaluation really mean


It's beginning to look a lot like Shemitah

Ev'rywhere you go;

Take a look at the Hang Seng, slipping once again

With the Nikkei, DAX and FTSE aglow.


It's beginning to look a lot like Shemitah,

Drops on ev'ry shore,

But the prettiest sight to see is the prepping that will be

piled up at your door.

Categories: New World Order, Economy