Definitions from Wiktionary (scissors crisis)
▸ noun: (economics) An economic crisis caused by price scissors, that is, an unfavourable divergence in the prices paid by a particular group or country for products that it needs as against the prices of the products that it produces.
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▸ noun: (economics) An economic crisis caused by price scissors, that is, an unfavourable divergence in the prices paid by a particular group or country for products that it needs as against the prices of the products that it produces.
Similar:
price scissors,
economic crisis,
credit crunch,
financial crisis,
fiscalamity,
Siegel's paradox,
crash,
diseconomy,
fiscal cliff,
panic,
more...
Opposite:
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▸ Invented words related to scissors crisis