经济衰退期间有几家银行倒闭了。

Several banks failed during the recession.

《牛津词典》

一家破产专业机构今天警告说，明年英国企业倒闭将如洪水“泛滥”，称英国目前正处于W形衰退的中间点。

An insolvency specialist today warned of a "deluge" of business failures next year, saying the UK is in the mid-point of a W-shaped recession.

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毕竟，衰退造成实实在在的损失：失业，大量企业倒闭，财政收入锐减。

Recessions, after all, cause real damage: job losses, higher levels of business failures, and falling tax receipts.

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