LIVE BLOG of LIVE BLOGS #BlackMonday
Whoever trusts in his riches will fall,
but the righteous will flourish like a green leaf. – Proverbs 11:28
You’ve likely already seen the term “Black Monday” being thrown around today. While you were sleeping, China’s state controlled media was already using the term. And that means it’s serious–they’re notorious for positive propaganda.
Hundreds of billions have already been wiped off the world’s financial markets today, as China’s crash rippled through markets in Asia, Europe and the US.
Need another picture of how bad it is? (This happened in just the last few days.)
Households just saw $1.8 trillion in wealth vanish – http://t.co/qgVbhvZdWb #BlackMonday
— Paul Joseph Watson (@PrisonPlanet) August 24, 2015
Like it or not, Ron Paul was spot-on with his eventual doomsday prediction just a few weeks ago. In retrospect, this is pretty remarkable analysis from Ron Paul while the rest of the media was still touting a ‘recovery.’ It’s worth suffering through the ad before the clip:
UPDATE: This email may have been illegal. Find out why here.
Apple's @tim_cook just e-mailed @jimcramer
@CNBC pic.twitter.com/zzEqmDKFUK
— Carl Quintanilla (@carlquintanilla) August 24, 2015
Here’s our Live Blog of Live Blogs–gives me that feeling when I order a latte with half milk and half half and half.
Zero Hedge (Is on fire, go check it out!) 
Presumably in response to the market crash in Asia, this was Sen. Bernie Sanders tweet early this morning.
.@SenSanders suggesting U.S. needs statist central planned economy, trade & financial markets b/c it’s working for the Chinese! #BlackMonday
— #SocialMedia NC (@greensboro_nc) August 24, 2015
UPDATE from The Guardian: Here’s a reason to worry. The VIX index, commonly known as the Fear Index, hit its highest level since January 2009 earlier today. . VIX surged by 67% today to 53 – a level not seen since the aftermath of the Lehman Brothers’ collapse. It then dipped back to 37.4, below the level when the US lost its AAA credit rating in 2011
LIVE BLOG *We’ve tried to weed out inappropriate stuff, but be warned… Tweets about #BlackMonday market
Ron Paul’s cool take on today’s crash. Note how he compares Trump to Bernie Sanders towards the end–they’re both authoritarians.
Again, if you can handle it, this is the guy to follow:
DB has not retracted its note: “The Fragility Of This Artificially Manipulated Financial System Was Finally Exposed” http://t.co/txzgBaUA2u
— zerohedge (@zerohedge) August 24, 2015