Sentence examples for colossal liability from inspiring English sources
There are many reasons for the steel crisis: the recession, low steel prices, high wages, old blast furnaces, a surge in steel imports after the Asian economic crisis in 1998, the rapid growth of mini-mills that make steel from scrap, and the colossal liability that steel makers face for health insurance and pensions for retirees.
This is a colossal liability, almost twice U.S. gross domestic product.
Though sent off 13-8 favourithe the mare was somehow made subject of colossal liabilities at 28-1 even after jumping the last hurdle with the race in the bag.
In Britain, where auditors' liability is uncapped, a colossal lawsuit hangs over Ernst & Young, in relation to Equitable Life, a mutual insurer.
Its colossal financial centre and housing bubble were obvious liabilities.
The central banks of Thailand and South Korea misled the outside world, respectively, about their reserves position and their country's dollar liabilities.One common characteristic of all emerging countries today is that they have all shared in the colossal credit boom.
"The destruction is colossal".
"There's nothing colossal".
