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It means the word is facing a recession.

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16y ago

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What is economic meltdown in relation to global economic crises?

A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.


What is the Impact of global economic meltdown on management of employment in Nigeria?

...sorry no can do


What are the effects of global economic meltdown on Nigeria's banking sector?

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What is global melt down?

global meltdown is when the sun is getting closer to earth which causes global heating which then causes global meltdown


What is the effect of global economic meltdown on the family?

I sometimes think this question would be better answered the other way around! That is, "What effect does the 'modern' family structure have on the economic meltdown??" I say that because problems with alternative lifestyles are the very PRIME reason for the economic and unemployment problems of the world. This is, of course, a virtual 'Unknown' to most of the brains trust of the global economic communities, and even if some did realize it, none would have the boldness nor honetsy to tell anyone!!


What are the solutions to the global economic meltdown?

the enhancement and educaton for the better use of all human and material resources in their countries the increase of food production or agriculture as one of the most convenient solutions to the global economic crisis etc.


What is Economic meltdown and it relevance in banking industry?

If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.


What is the reason for global meltdown?

the worst ever financial crisis to have revenged the united states ,since the great depression of 1930 has taken as heavy toll.so entire world seems to be sinking in to recession ,just because of this the investor have been damped by global recession and corporate layoffs ."main reason for global meltdown is the stock market in global has crashed in last few months ".so global meltdown has sent shock waves across the world with economy after economy gasping for breath.so there are rice in the number of jobs layoffs and cost cutting.


What is economic meltdown is all about?

This has to do with the global reduction of economic funds or money in a state. It has affected countries like Nigeria because of the large number of people who have no link to the economic wealth of our nation and also the high amount of illiterates and money embezzlers in the nation.


Where are all the special functions of the GoldenEye?

It can send out an electromagnetic pulse, causing a global computer meltdown.


The value of professionalism in economic meltdown?

It is going to take professionalism to deal with economic problems successfully.


What are the Main companies affected by global meltdown?

The big three auto companies probably.