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Joe's Cafe, 24/7 pit stop for ESL learners and teachers | October 2008
Egg's off, bacon's off, bread's off, tea's off. English is on though.
What is “Wall Street meltdown”?The word “meltdown” is being bandied about a lot in relation to the current Wall Street crisis. What does it mean? Let’s look at melt first. Melt is a verb: to melt. It means to change from solid to liquid, usually because of heat. So if you put an ice-cube outside in the sun it will melt. The ice will become water. When you light a candle, the solid wax of the candle melts and becomes liquid wax, running down the candle until it cools and solidifies again. What about meltdown? Meltdown is a noun, with a technical meaning. A meltdown is an accident in a nuclear reactor in which the fuel becomes so hot that the core of the nuclear reactor melts, with potentially extremely serious (catastrophic) consequences. What about a meltdown in Wall Street? There are no nuclear reactors in Wall Street, so what can it mean? Wall Street is a street at the south end of Manhattan in New York City, and is home to the New York Stock Exchange and other leading United States financial institutions (major banks etc). When people talk about a “meltdown in Wall Street” they are using the word meltdown figuratively to mean “a catastrophic event, a disastrous collapse of the American financial system”. Joe | Wednesday, October 1st, 2008 | Filed under Vocabulary
58 Responses to “What is “Wall Street meltdown”?”Leave a Comment |  Personal blog of Josef Essberger, English Club founder
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15th October 2008 at 4:42 am
NICE… and educational….
15th October 2008 at 6:29 am
really very knowledg promoting, i appreciat.
15th October 2008 at 8:11 am
good one …can help enriching vocabulary
15th October 2008 at 8:12 am
A good phrase to teach a phrase.
15th October 2008 at 9:38 am
meltdown…
catastrophic…
disastrous…
15th October 2008 at 9:58 am
Really, it was informative and usefull.Such things helps the learner for strengthening their vocabulary
15th October 2008 at 10:10 am
It is very nice and up to date vocabulary.
15th October 2008 at 12:42 pm
i need more vocabulary of dialy use ….
thank you for teaching
15th October 2008 at 12:59 pm
it is good and useful to engg students
15th October 2008 at 1:06 pm
beautiful way for teach 3 vocabulary in 1 phrase.
15th October 2008 at 3:28 pm
this program is very interesting because somebody learn a lot of vocabulary
15th October 2008 at 3:49 pm
This program is very helpfull,more vocabulary help you speak more easily
15th October 2008 at 3:59 pm
This program is big helper for me. I learn more vocabulary of daily using
15th October 2008 at 4:08 pm
Now i know what is the meaning of ‘wall street meltdown’. May i know can i say ‘my current financial now is meltdown’ ? please help me
15th October 2008 at 7:36 pm
This is a very good way to teach vocabulary.I first heard it on BBC program but did not understand what it meant,but now I know is catastrophic and disatrous thing,thanks.
15th October 2008 at 9:35 pm
very good explaination in detail. nice website.
16th October 2008 at 1:24 am
Wall street meltdown means a big problem of Americal financal system which is being collapsed.
16th October 2008 at 2:21 am
Thanks for the lesson, I need more
16th October 2008 at 4:18 am
It is very nice. Can we use it as a idiom???
16th October 2008 at 5:51 am
at first time I thought meltdown concern with nuclear :(( , alittle bit complicated
16th October 2008 at 7:11 am
very informative
16th October 2008 at 7:12 am
a very novel way to teach vocabulary . just waiting to use it
16th October 2008 at 7:35 am
Thanks for these lessons.
These are really useful for english learners like me. But it is also frightening because show us there are thousands of expressions that we have to learn.
I believe that we can succeed it with you help.
Thanks again..
16th October 2008 at 8:31 am
this was really informative for me.AMAZING
16th October 2008 at 10:07 am
Thanks a lot. It is the good explaination of vocabulary meaning . I can understand clearly. I learm more vocabulary of English, and learn more about other things, for example: wall street, financial crisis…
16th October 2008 at 10:19 am
good
16th October 2008 at 10:59 am
Keep it up…very educative and interesting.
16th October 2008 at 12:47 pm
I was assumed meltdown…as “absolutely falling in love”
16th October 2008 at 1:28 pm
I have just joined this club.It seems i am going to learn alot.Hello to all learners.Thanx English club.
16th October 2008 at 6:39 pm
It is very good explaination. thanks you.
16th October 2008 at 8:09 pm
Really useful .Thank you
16th October 2008 at 10:32 pm
Its good to know that how is the meaning of “meltdown ” takes place in different conditions in different way.
18th October 2008 at 8:18 am
Thanks for the lesson ,you use a simple way to explain the meaning .It was useful for me .
18th October 2008 at 9:00 am
ok the information was good.
18th October 2008 at 12:08 pm
it’s very helpfull….
Thank Q
19th October 2008 at 2:50 pm
very useful to us
19th October 2008 at 7:30 pm
It’s our theme this trimester: we study ethics in business. I’m going to use it in my class. Thanks
20th October 2008 at 6:09 am
Really , now i understand what is meltdown ,now i can use it different places,,,,,,thank’s
21st October 2008 at 9:11 pm
Thanks for giving us new words inour vocabulary which is very helpful.
22nd October 2008 at 2:59 pm
As a teacher, I find this to be an extremely useful idea to teach vocab and using current events and I’m sure my students will benefit from it too.
25th October 2008 at 8:50 am
Very well and simply explained. Thankyou for that.
26th October 2008 at 12:41 am
American financial system …
very bad now~
god..!
30th October 2008 at 6:25 am
thanks, for the insight
1st November 2008 at 5:55 pm
It is very helpfull
THANK u
3rd November 2008 at 7:11 am
very lucid and simple explanation. it is very helpful.
11th November 2008 at 7:31 am
Thanx for good and nice text vocabulary.
it was usefull and very nice way to learn english.
14th November 2008 at 10:18 am
Nice and educational article, i will used it for my future lessons. Best Regards, Sir.
15th November 2008 at 8:37 pm
it’s very advanced way to know the meaning of words
24th November 2008 at 9:29 am
veru useful,worth it to join the program,tq
24th November 2008 at 7:34 pm
Really good lesson for me
25th November 2008 at 8:51 am
Well, we need more and more lesson like it.
26th November 2008 at 12:31 pm
this is interesting, please more vocabs
27th November 2008 at 1:33 am
It is the bad situation in wallstreet that I think it will affecting economic condition not only in the United States but whole the world. Because some of countries around the world is heading to the USA for their economic.
28th November 2008 at 11:57 am
I think it nice to say that it’s a metaphor
28th November 2008 at 12:05 pm
I can learn and remember vocabulary better from the club. thank you very much.
4th December 2008 at 11:25 pm
I can now relate whenever it is being used in conversations. Thanks
24th December 2008 at 3:06 am
this is a clear, simple way to explain a phrase. it makes the phrase easier to understand and remember. Thanks
5th September 2009 at 6:24 am
Nice way to explain. I got the meaning of meltdown absolutely clear in my mind.