Sentence examples for a cascade of defaults from inspiring English sources
The phrase "a cascade of defaults" is correct and usable in written English
It can be used to describe a situation where multiple failures or errors occur in succession, often leading to a larger problem. Example: "The financial system faced a cascade of defaults, resulting in a significant economic downturn."
A cascade of defaults and lawsuits would follow.
By some accounts the entire banking system is close to paralysis, raising the possibility of a cascade of defaults that could lead to widespread bankruptcies.
So problems in one part of the world can reverberate almost everywhere else -- risking a cascade of default, contagion, contracting credit and collapsing economic activity.
Other weak sovereign borrowers might follow, intentionally or not, creating a cascade of traumatic defaults.
— Regulators on Friday shut down banks in Florida, Arizona and Kansas, bringing to 133 the number of United States banks that have failed to hold up this year against the struggling economy and a cascade of loan defaults.
Financial institutions have strengthened their balance sheets since the 2008 financial crisis, but they could be in for a turbulent year if potential flashpoints such as emerging markets or the energy sector produce a cascade of debt defaults.
The government does not want to trigger a collapse in confidence and a cascade of loan defaults and bankruptcies, not to mention the lay-off of millions of construction and industrial workers.
Fed policy makers now contend that the consequences of not coming to the rescue would have been a cascade of bankruptcies and defaults on Wall Street that could have undermined the financial system and risked severe damage to the economy.
Mrs Merkel needs to go on German television and explain to her people what is at stake laying out how much Germany has gained from the euro and what it has to lose from a cascade of chaotic sovereign defaults.
In particular, that means offers of unlimited two-year liquidity from the ECB, which was due to meet after The Economist went to press.Herding EurocratsAbove all, no amount of recapitalisation would be enough to protect banks from a cascade of euro-zone defaults.
Two months later -- after a cascade of late fees, penalties, default notices and dings to his credit history -- Shukran, concerned that Save My Home was trying to scam him, decided to resume making his mortgage payments.
