Category
page 1Economic crises
economic crisis
sharp deterioration in economic situation and perspectives
depression
sustained, long-term downturn in economic activity in one or more economies
vicious circle
complex chain of events that reinforces itself through a feedback loop
crisis theory
Marxian theory of causes and consequences of the tendency for the rate of profit to fall in a capitalist system
liquidity crisis
acute shortage of liquidity
flash crash
very rapid, deep, and temporary drop in financial security prices
Deleveraging
At the micro-economic level, deleveraging refers to the reduction of the leverage ratio, or the percentage of debt in the balance sheet of a single economic entity, such as a household or a firm. It is the opposite of leveraging, which is the practice of borrowing money to acquire assets and multiply gains and losses.
steel crisis
recession in the global steel market during the 1970s recession