Sentences with phrase «economic implosion»
"Economic implosion" refers to a sudden and severe collapse or breakdown of a country's economy. It occurs when the economy experiences a rapid decline, leading to high unemployment rates, businesses shutting down, and a decrease in overall economic activity. This term is used to describe a situation where an economy faces a severe and sudden decline, causing significant hardships for its citizens. Full definition
A few years later, with the U.S. market in a nose - dive, Flying Colours decided to find new customers in the Asia - Pacific region, which wasn't experiencing the same kind of economic implosion as North America and Europe.
canadianbusiness.com
The extraordinary growth in power generation in China in recent years, which quickly vaulted the emerging industrial powerhouse to the top of the global list of carbon dioxide emitters, has collapsed under the weight of the global economic implosion — at least for now.
State and federal policymakers and bureaucrats, along with executive directors of think - tanks and private foundations, CEO's of big - box retail stores, and barons of media empires forewarn of impending economic implosion.
The downturn in the last few years was largely a result of the powerful economic implosion.
Of course these days, few stocks are immune from the global economic implosion we're dealing with now.
After a two - year slide due to an economic implosion that saw Wall Street, big banks and other key recruiters of MBAs scale back their hiring, the MBA made a comeback in 2010.
At the height of the economic implosion in 2009 and 2010, Thunderbird was running annual budget surpluses, but Penley said that due to the fluctuating financial nature of a private institution that relies on tuition, gifts, and grants, Thunderbird is no longer running a surplus.
It is that «Labour would need to experience an economic implosion».
Kate Galbraith and Matt Richtel have a story about how the economic implosion has killed the market for recycled materials, as happens consistently in economic downturns.
With his flurry of foreign trips, handling of the economic implosion and legislative agenda, Mr. Obama is pushing on all fronts.
And the No. 1 reason is because we've had an economic implosion.