Sentences with phrase «financial implosion»
"Financial implosion" refers to a sudden and catastrophic collapse or failure of an individual, company, or economy's financial situation. It is when their financial health dramatically worsens or completely breaks down, leading to severe economic distress, bankruptcy, or a significant loss of value in investments and assets. Full definition
[11:04 a.m. Updated In an address, Secretary General Ban Ki - moon said, «We are bankrupting our natural economy» and encouraged leaders to invest in a rescue package akin to the one used to stem the recent global financial implosion.]
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Rumors of impending financial implosion decimated demand overnight.
More than a half - dozen European countries are on the verge of financial implosion.
The same phenomenon can as easily be seen in the unheeded warnings leading to the most recent financial implosion and the attack on the World Trade Center.
I didn't have any foresight about the impending seismic financial implosion.
What's your take on the auto industry in a world facing financial implosion and wondering how to cut smokestack and tailpipe emissions linked to global warming?
(07/02/2013) Australia's huge coal industry is a speculative bubble ripe for financial implosion if the world's governments fulfill their agreement to act on climate change, according to a new report.
If there had been no global financial implosion, Labour would have blamed Johnson's administration for every weakness in the capital's economy and any slowdown in development.
Lest anybody think it was just Enron, WorldCom, HealthSouth and a few others, financial implosions were happening with sufficient rapidity to make the American citizenry very angry.
The club were sent into the bottom tier of Scottish football in 2012 after a financial implosion but are now in their second season back in the Premiership.
Any assessment must recognise the strength of Mr Brown's response to the financial implosion.
The vehicle's fate looks as though it will be determined by a tug of war between the financial implosion and plummeting gas prices.
Awhile back, Herman Daly proposed that the financial implosion and Great Recession offered a chance to set a new course and benchmarks for economies.
For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion.