Word: crash
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Dates: during 2000-2009
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...drastically cutting back. Consumer spending in the U.S. dropped at a rate of 4.3% in the fourth quarter of 2008, the steepest quarterly decline since 1980. Because roughly 25% of Asia's exports ultimately end up in the U.S., the region's manufacturing powerhouses are helpless to counteract this crash. Trade among Asian countries is also plummeting, since much of this intraregional commerce is indirectly dependent on the West. A high percentage of Taiwan's trade with China, for example, is made up of electronic components shipped to Chinese factories for assembly into finished products that eventually appear...
...there are few buyers for the toxic assets that are poisoning Citigroup, Bank of America and other major financial players. The unsellable loans sit on the banks' balance sheets at a huge loss, priced from zero to an optimistic 60% of what they might have sold for before the crash...
...poor showing on the attack was the result of a lack of urgency and an unwillingness to vigorously create opportunities. In the offensive zone, the effort to win pucks physically and crash the net was nonexistent...
...terror group] IRA, but he certainly ...was no friend of the U.K.," said Lord Tebbitt, a stalwart of Margaret Thatcher's government, whose wife was crippled by an IRA bomb attack in 1984. "This honor is wholly inappropriate on the basis of the sleaze attached to [Kennedy] after the crash at Chappaquiddick, let alone his support for nationalism in Northern Ireland...
...pictures of the stock-market crash...