• Source:JND
Add as a preferred

Black Monday: Monday morning saw a wave of panic sweep across Asian markets, with investors waking up to a financial nightmare. Japan’s Nikkei crashed over 7%, South Korea’s Kospi dropped nearly 5%, and Indian indices like the Nifty 50 and Sensex sank over 5% in early trade. The bloodbath didn’t stop there—mid-cap and small-cap stocks faced even bigger hits, plunging up to 10%.

What Sparked The Crash?

The meltdown followed U.S. President Donald Trump's aggressive tariff hike announced last week. Despite global concerns, Trump doubled down, defending his decision by saying the impact would only be “temporary” and comparing it to taking medicine to fix a problem. He claimed many countries were eager to strike a deal but insisted he wouldn’t back down unless America’s trade deficits were addressed.

A Repeat Of 1987?

Financial experts have started drawing comparisons to the infamous Black Monday crash of 1987, when markets around the world collapsed in a single day. CNBC host Jim Cramer warned that if Trump’s trade war continues, the markets could face a similar fate. With nearly $6 trillion already wiped out globally, fears of a recession are growing fast. Some experts believe the U.S. could cut interest rates as early as May to slow down the damage.

Trump: “The Medicine Is Necessary”

Speaking from Air Force One, Trump said, “Sometimes you have to take medicine to fix something.” While investors hope for a quick resolution, his firm stance suggests more market shocks could be on the way. Over the weekend, Trump claimed to have spoken with multiple world leaders, insisting they’re “dying to make a deal.”

Internet Reacts: Panic And Memes:

As news of the market crash spread, social media exploded. Hashtags like #BlackMonday and #StockMarketCrash trended across platforms. Some users shared anxious updates about their investments, others turned to humour—flooding Twitter with memes featuring falling graphs and Trump quotes. Panic and confusion mixed with sarcasm as netizens tried to process the market chaos in real time.

Check Black Monday Memes Here:

1. "When Donald Trump intentionally crashes the stock market, you don’t call it Black Monday. It’s Orange Monday," one user wrote.

2. "Me while the entire MSM panics over "Black Monday"," a second user added.

3. "fun fact: the US market can only go down 20% in a day thanks to black monday," a third user wrote.

4. "To the Orange Monday and Black Monday fans on X.. Gas prices are about to plummet. Trade wrongs are about to be righted. Interest rates are about to be cut. And markets are about to boom. Are you rooting against this?" added a fourth user.

5. "Poor people without stocks watching Billionaires lose their asses on #BlackMonday," a fifth user wrote.

6. "Liberals are freaking out," a sixth user added.

ALSO READ: Did 'The Simpsons' Predict Donald Trump's Death On April 12? Fact-Checking The Viral Video Claim

ALSO READ: Hyderabad Influencer Shaikh Maryam Ali Faces Backlash After Throwing Coffee At Store Staff Over Alleged Disrespect | Viral Video