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Black Monday (1987)
Black Monday is the name commonly given to the global, sudden, severe, and largely unexpected[1] stock market crash on October 19, 1987. In Australia and New Zealand, the day is also referred to as Black Tuesday because of the time zone difference from other English-speaking countries. All of the twenty-three major world markets experienced a sharp decline in October 1987. When measured in United States dollars, eight markets declined by 20 to 29%, three by 30 to 39% (Malaysia, Mexico and New Zealand), and three by more than 40% (Hong Kong, Australia and Singapore).[2][A] The least affected was Austria (a fall of 11.4%) while the most affected was Hong Kong with a drop of 45.8%. Out of twenty-three major industrial countries, nineteen had a decline greater than 20%.[4] Worldwide losses were estimated at US$1.71 trillion.[5] The severity of the crash sparked fears of extended economic instability[6] or even a reprise of the Great Depression.[7]
https://en.wikipedia.org/wiki/Black_Monday_(1987)
Music and video credits
Danheim – Mannavegr (Full Album 2017) Viking Era & Viking War Music
https://youtu.be/8tilKaOINmE
Mason Proffit – Two Hangmen
https://youtu.be/CC3yZdG_2Bc
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