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But there is something peculiar about this episode: it is the first meltdown in the era of broad consensus in economic policy.

Some think that the housing meltdown is poised to be a similar catalyst for derivatives that allow investors to hedge against movements in the price of residential property.

Poor fiscal policy choices made leading up to the global financial crisis have been magnified as the ripple effects of the meltdown continue to radiate through markets around the world.

The Chernobyl meltdown was hideous and traumatic.

Therefore Beijing does have sufficient resources to prevent a systemic meltdown of the economy, at least in the short term.

Governments' obsession about home ownership has contributed as much to the meltdown as any moustache-twirling financier.

Republicans recoil at the thought of bail-outs but don’t want to accept blame for a market meltdown less than two months from an election.

They know that if there is a reactor meltdown it could be a major disaster affecting huge areas and massive Numbers of people, and they are risking their lives to try and prevent that.

We need other economies to remain strong to ensure our problems don't cause a worldwide meltdown.

Now the pebble bed reactor has the same basic safety features as a high temperature prismatic reactor in a sense that it has a meltdown free core.

The old debate about whether, or to what extent, financial markets are a force for social good has taken on a new urgency in the aftermath of last year's market meltdown.

If 2008 was the year of the banking meltdown, then 2009 was the year of the stimulus packages.

Silicon Alley's rebirth might actually have been aided by the financial crisis. Until the 2008 meltdown on Wall Street, many bright students went straight from top universities to Wall Street.

A full meltdown at the Japanese facility would still release radioactive gases, but those tend to dissipate in the atmosphere.

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How do you tell when a nuclear meltdown is occurring?

The animus towards the Fed is striking, considering that its unprecedented market interventions almost certainly averted a financial meltdown last year and a far more severe recession.

Apart from threatening to plunge the simultaneous translators into meltdown, such language feeds the image overseas of Mr Bush as a hopelessly inarticulate, trigger-happy cowboy, one that Tony Blair was at pains to say this week he regards as a parody.

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