"Economic bust" refers to a period of time when the economy is doing poorly, with a decrease in business activity, high unemployment rates, and people struggling financially. It is the opposite of an "economic boom" when the economy is thriving and growing.
Full definition
A
massive economic bust will not change them: we will just keep buying ever more cheaply made products, with even less regard to the environment.
This method of increasing the money supply invariably led to economic booms that were just as invariably followed
by economic busts.
Instead, the price distortions lead to clusters of ill - conceived investments, thus setting the stage for a recession or
economic bust.
How deeply will it contract before Brown admits there's
an economic bust?
As most realize,
the economic bust was driven by banks heedlessly giving out home loans to people who were underqualified to pay those loans.
I know lots of stores who weather
the economic busts we face periodically because they love comics and will always stick around.
The least we can do, as professionals, is to normalise between economic boom and
economic bust, between low profit margins such as those in 1982 when they were 1/2 normal and very high profit margins such as those of today.
The options are always lousy once
an economic bust arrives.
Now, each of them has been rebooted, re-imagined with grit and fallibility and desperation, heroes from an earlier time reworked by a zeitgeist where no one saves us from 9 - 11, from Katrina, from
the economic bust, where the best a hero can do is hang on and prevail.