In late August, stock markets around the world saw one of the biggest declines since October 2008.
Experts and economists are pointing towards China as the main culprit as they've dealt with a stock market slide for most of the summer.
How does this all impact millennials? Not many millennials have enough wealth to invest in the stock market, but the Federal Reserve may make it more difficult for young budding entrepreneurs to get startups off the ground.
And who's to blame for the sluggish economic recovery? Is it the Obama administration with his failed liberal policies or has gridlock in Congress stagnated economic growth?