The reason why I'm poking fun here is because I think the next major economic downturn will be due to the sovereign debt market. (canadiancapitalist.com)
To complicate things, I had just gotten married and my husband was finishing his graduate degree and our country was in major economic downturn — remember that whole thing?! (theeverygirl.com)
To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial system as well. (rba.gov.au)