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MALYNDA VIGLIOTTI opened her waxing salon, the Boom Boom Brow Bar, in the spring of 2008, the same week the financial markets began their drastic downturn.
Borrowers feasted on what Bloomberg estimates was $237 billion of easy money without scrutinizing whether the loans could endure a drastic downturn.
As the global economy enters its first drastic downturn since China opened to the world, analysts say this country is searching for a more sustainable path to growth.
The summer's high prices prompted Americans to cut their driving, and the drastic downturn of the economy this fall led to the huge decline in oil prices.
But the cost cuts and turnaround plans have not been enough to keep pace with the drastic downturn in sales of new cars and trucks this year.
Before Flight 587 crashed, American Airlines was seen as one of the carriers best positioned to weather the drastic downturn that came after September's terrorist attacks.
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At the same time, owners began renting out their mansions for the night, the week or the month, a result, in part, of the drastic economic downturn.
"Frustratingly, our plans have been overtaken by a drastic recent downturn in our revenues and we will have to forgo this future profit stream.
Dr. Khaw urged Singapore, which suffered a drastic economic downturn because of the three-month epidemic earlier this year, not to be alarmed.
For the poor, the report states, avoiding drastic economic downturns is crucial because they suffer most from declines.
In the darkest of the dark times, in wartime and drastic economic downturns, in the crucible of witch hunts or racial strife, in the traumatic aftermath of a terror attack, that promise lights the way forward.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com