The term "economic fallout" refers to the negative consequences or repercussions that result from an economic event, decision, or situation. This can include anything from a sudden downturn in the economy, such as a stock market crash or financial crisis, to more long-term effects like high unemployment rates, inflation, and reduced consumer spending. The fallout can impact businesses, individuals, and entire economies, leading to job losses, decreased economic activity, and other negative consequences for the affected region or country.