As you may have heard by now, stock markets around the world have crashed hard, with the crisis originating in China and spreading around the world.
No country was exempt from the knock-on effects, with investors in America, Europe, and Asia all suffering huge losses. But what caused the latest Black Monday?
This video shows BBC News exploring the issues surrounding the crash, which many people see as an inevitable resetting of the market.
Chinese investors have been buying shares left, right, and center, which meant a bust was bound to follow the boom. Let’s just hope this doesn’t lead to another recession, as the last one was painful.