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And default in any of these senses would risk a huge collapse of confidence.
Similar(59)
"It could cause a huge collapse of the exchanges".
The collapse of confidence in asset values (or collateral) led to the collapse of the globalised financial system.
There was a collapse of confidence, and immigration and investment ceased.
This muddle of genres reflects a collapse of confidence in his ability to deliver anything.
That's been a big theme in Hay this week, the collapse of confidence in the politicians.
One potential candidate is a collapse of confidence in China's feeble banking system.
The US financial crisis represented a collapse of confidence in private debt, not public debt.
The currency board was put in after a total collapse of confidence in the government.
But the result was a collapse of confidence in the banking system.
The suspension of activity and the collapse of confidence leave the future of Gramco very much in doubt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com