Challenging puzzle for experienced crossword solvers
Macroeconomic Riddles of Fiscal Meltdown
Challenging puzzle for experienced crossword solvers
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Across
- 1. Measure of ease to convert assets into cash rapidly
- 2. Liquidity drought constricting loans, sparking financial crises
- 3. Decline phase in business cycle marked by shrinking output
- 5. Pertaining to a decline in general price levels, dampening demand
- 9. Legal terminaison for insolvent entities amid economic collapse
- 10. Economic contraction spanning at least two quarters, drear
- 14. Financial pressure narrowing credit availability, stiffening markets
- 15. Widespread repercussions from systemic economic failures
Down
- 4. National borrowing causing currency and fiscal upheaval
- 6. Removal of controls unleashing market forces, sometimes unstable
- 7. Failure to meet payment obligations with devastating effects
- 8. Inflated asset valuation awaiting inevitable burst
- 11. State where liabilities exceed assets, signaling collapse
- 12. Temporary suspension on debts often declared by sovereigns
- 13. Economic quagmire where inflation rises as growth stalls
- 16. Rescue funds rescuing failing institutions from ruin
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