Economic Crisis Vocabulary

adjective describing something that involves a calamity or disaster; catastrophic

• The region was devastated by a calamitous earthquake, leaving many homeless and injured.
• The party was a calamitous disaster - nothing went as planned!
• That movie was a calamitous flop, nobody liked it.
• Her decision to quit her job without another lined up was a calamitous mistake.

noun an event causing great and often sudden damage or suffering

• The earthquake was a catastrophic event that caused widespread destruction.
• The party was a total catastrophe, nothing went as planned.
• The concert was a total disaster, it was a real catastrophe.
• Losing my phone would be a catastrophe, I have all my important information on it.

adjective causing great and usually irreparable harm or damage

• The hurricane caused destructive damage to the coastal town.
• The fire was so destructive, it burned down the entire building.
• His attitude is so destructive, it's like he's a wrecking ball.
• Gossip can be just as destructive as a physical weapon, causing harm and hurt.

adjective causing great fear or suffering

• The company is facing dire financial circumstances and may need to declare bankruptcy.
• I heard the news about the dire situation at the factory, it's really bad.
• Things are looking pretty dire for us right now, we need to figure something out.
• The storm clouds gathered overhead, a dire warning of the impending bad weather.

noun a disorderly Brexit refers to the potential chaotic and unstructured withdrawal of the United Kingdom from the European Union

• The possibility of a disorderly Brexit is causing uncertainty in the financial markets.
• A disorderly Brexit would be a total mess.
• If they don't get their act together, we're looking at a real disorderly Brexit.
• The political chaos surrounding Brexit could lead to a disorderly exit from the EU.

adjective describing the condition of being in a difficult financial situation

preposition indicating the position or location of being in financial straits

• The company found itself in financial straits after several quarters of declining revenue.
• My friend is in financial straits and is looking for a job to help pay off his debts.
• I heard John is in some serious financial straits right now, he might need to borrow some money.
• The country was in financial straits, with its economy on the brink of collapse.