financial panic
Frequency: 7.211.5 per million words
widespread fear about the stability of the financial system
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Examples (10)
- The 1873 financial panic led to a long and deep economic depression.
- News of the bank's sudden failure triggered a widespread financial panic across the country.
- Governments often intervene in the markets to prevent a total financial panic.
- Rumors of a stock market crash caused a sudden financial panic among small investors.
- History shows that financial panics are often followed by significant regulatory changes.
- The central bank's primary goal during the crisis was to contain the growing financial panic.
- During the financial panic, thousands of people rushed to the banks to withdraw their savings.
- Analysts fear that the current debt crisis could spark another global financial panic.
- The financial panic of 2008 had a devastating impact on international trade and employment.
- Economists warned that rising interest rates might induce a financial panic in emerging markets.