The slide in financial markets is increasing – the Dow industrials fell more than 1,000 points, with U.S. and European stocks diving after China’s main index fell 8.5 percent, wiping out the gains made for the entire year.
Some in China are calling today “Black Monday.” Derek Thompson of The Atlantic speaks with Here & Now’s Jeremy Hobson about how this compares this to the original “Black Monday” in 1987 and other stock market crashes in history.
Guest
- Derek Thompson, senior editor at The Atlantic. He tweets @DKThomp.
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