Economic Downturn Phrases

2 words in this vocabulary list

noun a particularly bad or critical situation or event arising from a combination of various unfavorable circumstances

  • The economic downturn, coupled with political unrest and a global pandemic, created the perfect storm for a financial crisis.
  • With the traffic jam, the rain, and the road construction, it was the perfect storm for being late to work.
  • When my car broke down, my phone died, and I got lost, it was like the perfect storm of bad luck.
  • The combination of her stressful job, relationship troubles, and health issues was the perfect storm for a mental breakdown.

noun a recurring cycle of events that result in a worsening situation

  • The financial analyst warned about the potential risks of a doom loop in the economy.
  • I heard that if we don't fix this problem soon, we could be stuck in a doom loop.
  • We're heading straight into a doom loop if we don't change our strategy.
  • The constant arguing between the two countries created a diplomatic doom loop that seemed impossible to break.