Massive Japanese Market Crash as Failing Biden-Harris Economy Spreads ‘Contagion’ Worldwide. Japanese stocks recorded their most enormous daily loss in history on Monday, driven by fears of a U.S. economic slowdown under the Joe Biden-Kamala Harris government. The Nikkei 225 index plummeted by an unprecedented 4,451 points, closing over 12 percent down. This drop pushed the index into bear market territory with a 25 percent decline since early July. Analysts are likening the crash to the infamous “Black Monday” of October 1987, when the Nikkei fell by 3,836 points and global markets tumbled.Concerns over a sharp slowdown in the U.S. economy have fueled expectations that the Federal Reserve will cut interest rates. The latest U.S. jobs report showed job creation significantly below expectations, and unemployment significantly above expectations. Moreover, the jobs data suggests foreign workers are replacing American workers. NEWSLETTER Need to Know. Your free, daily feed from The National Pulse.

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