Global Stock Market Turmoil Shows a System in Grave Crisis

Stocks plunged on Wall Street Aug. 5, with the Dow Jones Index closing at 1033 points down, for a 2.6% drop, the worst in two years, while the Nasdaq Composite lost a daily 3.43%. The trend had started in Japan, where the Nikkei nose-dived more than 12%, the worst one-day loss since Black Monday in