The predominant school of thought holds that the markets are irrationally acting—and crashing—in response to the news.
Optionally, it can live up to its description by crashing into targets and detonating a five-pound warhead.
Following his January 23 Miami arrest, Bieber has been drag racing down the road to recovery, crashing into scandal after scandal.
c.1400, crasschen "break in pieces;" with no identifiable ancestors or relatives it probably is imitative. Computing sense is 1973, which makes it one of the earliest computer jargon words. Meaning "break into a party, etc." is 1922. Slang meaning "to sleep" dates from 1943; especially from 1965. Related: Crashed; crashing.
1570s, from crash (v.); sense of "financial collapse" is from 1817, "collision" is from 1910; references to falling of airplanes are from World War I.