Top Definition
The cycle of a society fearing and producing difficult economic conditions. This fear of future economic turmoil is due to current poor conditions. Thus the society stops functioning normally due to the fear and consequentially generates more fear and worse conditions.
The recession of 2008 deepened into a depression in 2009 due to perpetual economic fear.
by Wobbe January 20, 2009
7 Words related to Perpetual Economic Fear

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