to be legally declared unable to pay your debts
to go bankrupt
moving at an even, predictable pace
steady
to rescue or assist someone or something out of a difficult situation
to bail out
to stop from happenning
to prevent
ability to pay back debt
credit rating
to happen, to take place
to occur
unable to pay debts
insolvent
a sudden, rapid, and often uncontrollable decline in value, stability, or status
a freefall
very fast
rapid
saving money, not wasteful
economical
to go down
to decline
to result in sth
to lead to sth
to lose a job due to reasons beyond sb's control
to be laid off
all over the world
worldwide
very intense, serious
severe
related to economy
economic