meltdown

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“
Nouriel Roubini an early predictor of the financial chaos argues a short term a meltdown has been averted but is pessimistic about prospects for an early recovery, predicting instead a long-term bottoming out of the economy.

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Definitions (5)

Toggle American Heritage definitions American Heritage Dictionary (3)

  1. noun Severe overheating of a nuclear reactor core, resulting in melting of the core and escape of radiation.
  2. noun Informal A disastrous or rapidly developing situation likened to the melting of a nuclear reactor core: "After several corporate meltdowns, only two reporters remain in [the] bureau” (David Fitzpatrick).
  3. noun Informal An emotional breakdown

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Examples (42)

  • A discussion on why and what of the meltdown was also posted to seek answers. —  Drishtikone - Comments
  • So, one has to still wait and watch, because with Obama's risks taken in economy and polity over here, what are the not just United States but also the Western inputs in the context of this meltdown is also yet to be seen. —  Democracy Now!
  • This is the radioactivity-free kind of meltdown, as —  Climate Progress
  • Many blame perverse incentives on the financial sector meltdown, which is certainly the case. —  Forbes.com: News
  • (One insightful memo from the Publisher refers to assimilation as 'meltdown'-a little humor from the Big Guy!) —  VDARE.com - Latest Articles
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