New York: Global markets are in freefall tonight after US President Donald Trump made remarks that spooked Wall St into panic selling.
During an address to the White House press club, President Trump was asked by one reporter about rumours that he had been diagnosed with a “serious mental illness” that may endanger the safety of the country.
“We’ll see,” Trump said, before being prodded by a second reporter who was seeking clarification. This time, Trump was asked whether the rumoured illness was being treated with medication.
“I don’t need any medication, I can tell you that much.”
The implications of President Trump running the country, and the nation’s nuclear arsenal, with an unstable and unmedicated mind immediately sent shockwaves throughout the global economy.
In early morning trading, the Dow fell more than 700 points – its worst one day crash since the onset of the Global Financial Crisis. Markets in Tokyo and China also took a beating, plummeting 40% and 25% respectively.
US Secretary of State Rex Tillerson declined to comment when asked about the matter, but a spokesperson for the State Department told reporters that the country was “at the precipice of a difficult time” following the fallout.
“We’re looking down the barrel of a national crisis, and it’s the opinion of many people on Capitol Hill that something needs to be done about the president,” the spokesperson said, speaking on the condition of anonymity.
A medical staffer working in the White House who was familiar with the matter told reporters that the GOP was unaware of Trump’s condition and that the remarks “surprised the party as much as it did reporters”.
A closed-door security meeting is currently underway at the Pentagon to determine how the crisis can be resolved.