noun | hahrd lan·ding
A hard landing is like a plane crash for the economy - it's when the market takes a sudden and severe downturn, leaving investors and businesses scrambling for the emergency exits. It's the opposite of the "soft landing" that economists are always hoping for, but let's be real - when has the economy ever done anything softly?
Example
"If the Fed keeps raising interest rates, we could be in for a hard landing that makes the 2008 crash look like a fender bender."
"My portfolio just took a hard landing straight into the toilet - I knew I shouldn't have aped into those meme coins during the bull run. Lesson learned (until next time)."
