And so our credit could be downgraded, interest rates could go drastically up, and it could cause a whole new spiral into a second recession, or worse.
Indeed, if the world's central bankers let countries like Spain or Italy default, a scary market spiral will occur.
Is the German medicine of austerity and structural reforms working, or is it locking countries into a spiral of decline?
The game continued in a bit of a downhill spiral for another minute or so.
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What should investors do to prepare for a possible new oil spiral, either up or down?
Or, do you think we are in for a long, long spiral that lasts ten years?
One can see the skilled players twisting and turning their flaming, dying aircraft to extract maximum value from the enemy, where a novice will spiral out of control and hit the water or ground almost immediately.
Faced with such a precarious existence, and without basic infrastructure or security, it is easy to imagine an area trapped in a vicious downward spiral, barely attractive for habitation let alone migration.
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The banking system was not functioning correctly and we had to either fiscally stimulate the economy or watch the economy tumble further and further down in a self-sustaining downward spiral, that would horribly damage hundreds of millions of people.
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Bad weather conditions throw everyone into a spiral and the worse they are, the more they leave employees contemplating whether or not to take the day off as a safety precaution and businesses considering closing their doors until Mother Nature calms down.
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Near it sits a lens-shaped or lenticular galaxy called IC 4970, which appears to have crashed through the spiral in recent astronomical times.
With the inflation dragon now all but slain, the Chinese government has room to cut interest rates or ease other curbs to stimulate economic growth, without being concerned that it will ignite a new price spiral in the process.
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