The phrase "aggregate crisis" is correct and usable in written English.
It can be used to describe a situation where multiple crises or issues are combined or occurring simultaneously, often leading to a more severe overall impact.
Example: "The country is facing an aggregate crisis, with economic downturns, health emergencies, and social unrest all happening at once."
Alternatives: "combined crisis" or "cumulative crisis".
The US economic emergency in late 2008 and early 2009 wasn't really an aggregate demand crisis but a financial crisis.
There are powerful headwinds preventing American households from returning to their aggregate pre-crisis borrowing patterns.
Going over the cliff threatens to damage our already anemic GDP, and impact our current unemployment and aggregate demand crises.
Since the crisis, aggregate debt has risen further – to around 280 per cent – with a sharp rise in public debt (roughly from 40 per cent to 80 per cent of GDP) and a modest fall in household and corporate debt, though household debt is now rising back to the previous peak as mortgage borrowers chase a rising housing market.
A study out this week from Fitch Ratings and Oxford Economics suggests that stimulus spending in America in response to the fiscal crisis increased aggregate GDP by more than 4%, which, say the researchers, implies "that the US might still be mired in a recession" without the intervention.The unemployment rate in the euro zone continued to creep up again in March, to 10.9%.
Those things include taking advantage of an economic crisis to aggregate power for themselves and their offices.
Even as I expect these numbers will drop until the present crisis passes, aggregate intermediation costs could easily total $4 trillion over the next decade.
What's been dismal in the recent economy is prolonged unemployment and an inadequately addressed crisis of aggregate demand.
Easton says that we will continue to "look over cliffs" and notes, correctly, that ending the payroll tax holiday will make our crisis of aggregate demand worse.
The recession that began in 2007, while precipitated by the meltdown in the financial sector, is at root a crisis of aggregate demand.
