We know what’s coming and we are prepared.
Black Monday on Global Stock Exchanges: The Situation
- Catalyst: The largest drop on the Japanese Stock Exchange since 1987—down 13%. Trading halted.
- South Korea: Trading halted after a 12% drop.
- Japan: Bank stocks fell by 20% before trading was halted.
- Taiwan: The Taiwan Stock Exchange Index fell by 10%—the largest single-day drop in history.
- Turkey: The Istanbul Stock Exchange also plummeted by 7%, leading to a trading halt.
- Robinhood: One of the largest private brokers, stopped trading on its platform.
- Pre-market losses: Across the board—Nvidia -10%, Tesla -12%, Apple, Microsoft, Google, Amazon -10%.
- Bitcoin: Dropped below $50,000, followed by altcoins.
- Oil price: Fell to $76.
European Stock Indices:
- Germany DAX: Down 2.6%
- UK FTSE 100: Down 2.8%
- France CAC 40: Down 2.4%
- Spain IBEX: Down 2.6%
- Italy FTSE MIB: Down 2.8%
Notable Declines:
- Banks: Societe Generale down 3.8%, Barclays and Santander - 3.4%, Deutsche Bank - 4.4%, Commerzbank and Intesa Sanpaolo - 3.2%, Unicaja Banco - 4.1%, Banco de Sabadell - 3.6%, BBVA - 3.3%, UniCredit - 4%.
- Automakers: BMW down 3.3%, Porsche and Volkswagen - 3.9% and 3.5%, Daimler Truck and Mercedes-Benz - 2.7%, Renault - 4.6%.
Cause of the Panic:
There's no single reason for the panic; it's a complex set of factors, with fears of a recession in the US being prominent. The collapse of the Japanese market, seen as a major US ally, was a red flag for many traders, triggering a rapid and uncontrollable market sell-off. The situation continues to unfold.
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The world’s fastest drone, the XLR V3, just went from 0 to 124 mph (200 km/h) in 1 second, faster than a Formula 1 car off the line.
Designed by Swiss engineers, the XLR V3 is a high performance FPV (First Person View) racing drone built with ultra light carbon fiber, high torque brushless motors, and cutting edge aerodynamics. It’s not just fast, it’s rewriting what’s possible in drone engineering.
This drone accelerates faster than:
✔️ An F1 car
✔️ A Tesla Plaid
✔️ Even a fighter jet on launch
Imagine what they're not showing us...
⚡️A Russian drone strike hit the car of Chief Rabbi Yosef Yitzchak Wolf in Kherson, head of the United Jewish Community of Ukraine’s local chapter.
Yosef is well known for assisting SBU and Nationalists in tracking down pro Russian Ukrainians who supported Russian forces during the liberation and uses his synagogue, as a shield, to help assemble FPVs for Ukrainian forces.
🇨🇦 Stefan Molyneux on X: Almost every government policy in the West is designed to prevent family formation for the native population.
📝 Roger Marques: "Could not agree more.
Housing is expensive.
Families taxed to the bone.
Prices are so high that both elements of the couple must work.
Women are incentivized to not care about having children in their prime.
Public schooling literally retards children.
The culture is profoundly anti-children.
What else?"
