The phrase
"debt crisis" refers to a situation where an individual, company, or country is unable to pay the money they owe to others. This can lead to financial instability and a struggle to meet financial obligations.
Full definition
Similar and related words and phrases are presented below.
«debt»
«crisis»
Related phrases
Phrases with «debt crisis»
Sentences with «debt crisis»
- The context for this was the European sovereign debt crisis of the late 2000s, itself brought on by the banking crisis. (politics.stackexchange.com)
- Last but not least, some opponents of the bill do not believe the legislation solves the student debt crisis in the long - term. (cheapscholar.org)
- The weakness of this approach was revealed in 2008 and during the European debt crisis when supposedly safe assets turned out to be dangerously risky. (propertypak.com)
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sentences)