An unstable situation, in political, social, economic or military affairs, especially one involving an impending abrupt change.
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Example
The financial crisis could have been avoided and was the result of poor decision making both in Washington and at top financial firms that fostered a culture of excessive risk taking, according to a draft report written by Democrats on a panel that investigated the meltdown and obtained by Reuters.
Order number
2
Part of speech
noun
No relations.
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