Unless, there is radical reform, the next generation will face much higher taxes, much reduced government spending or — quite likely in some countries —
complete economic breakdown.
This means that its value shouldn't be affected by a national crisis or
economic breakdown like the Great Recession of 2008.
In Time Out, Geoff Andrew wrote of a «genuinely epic, politically astute, profoundly humanist and dramatically gripping study of the conflicts, compromises and power plays that define life in any community on the verge
of economic breakdown.»
The table below provides a regional and
metro economic breakdown of changes in September job data during the past four years and in the past year, respectively.
He was conscious of
the economic breakdown in Muslim society caused by the luxurious living of the rulers and upper classes among the Muslims.
Meanwhile, Chingkuo Chiang backed the monetary reform aiming at accumulating foreign exchange, while the National Party faced
an economic breakdown.
The only noteworthy reductions to date happened as a consequence of
the economic breakdown in Eastern Germany after the reunification and fuel switching from coal to gas in the UK in the 1990s.
Someone, somewhere wasn't too pleased with the world being plummeted into the throes of
an economic breakdown and decided to do something about it.
Before
our economic breakdown I held a position for over five years with a distribution company.