Global Market Crash of 1996 (Poland Falls)

The Global Market Crash of 1996 was an economic downfall in August 1996, caused by the day commonly known as Launch Day.

Launch Day
In August 1996, China and the United States launched nuclear weapons at large cities of either nation. This caused the death of many workers, and the destruction of many corporations.

Post-Launch Day
After Launch Day, the United States, European, and many other rich economies crashed as corporations were closed. Unemployment skyrocketed in terms of percentage, with many large corporations suddenly closed. Investors pulled their money out and sold stocks.

The economy continued to decline in a sort of domino effect, with many other corporations closing as a result of the economic crash. By the end of the year, many economists and leaders called it a recession, while the people called it a depression.

The global economy fell until July of 1997, where it stayed about the same before gradually increasing. The effects of the Global Market Crash of 1996 are still felt today, with unemployment still much higher than pre-launch day, and several nations impoverished by the Crash.