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This, in turn, is being driven by a collapse in global oil prices.
This technological tsunami has been mirrored by a collapse in trust in traditional media.
The coal industry is mired in a recession brought on by a collapse in prices since 1996 (see chart).
Most countries in the region were hit by a collapse in tourism after the financial crisis in 2008-09.
The violence has been accompanied by a collapse in the price of oil – which Kirkuk is now unable to export.
Spared recession during the Asian crisis, it is now buffeted by a collapse in world demand for its exports.
Relief efforts were being hampered by a collapse in communications, raising fears that a widespread humanitarian disaster was unravelling across the impoverished Himalayan nation of 28 million.
The recent crisis was set off by a collapse in the housing market, and millions of owners currently owe more than their homes are worth.
In 2008, when America stumbled, they argued that China's export-led economy would be struck by a collapse in American spending.
In the early 1990s loose lending was followed by a collapse in property and share prices, almost burying banks under mounds of non-performing loans.
Its GDP fell by 1% in the year to the third quarter, dragged down both by a collapse in exports and by weak domestic demand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com