In Economics, what does the term "triple whammy" imply?
Answer:
Although reporters have used the term "triple whammy" to describe a situation in which many bad things happening at once, it does not have a special significance in economics.
A reporter might talk about record high current account deficit, higher interest rates, and the lack of growth.
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Another reporter has used it refer to the negative CPI (a measure of inflation), weak economic U.S. data, and the U.S. inability to fund the trade deficit.
http://www.thestreet.com/pf/comment/nick.
Because these things are supposed to move together (economic growth, inflation, interest rate, unemployment, trade surplus/deficit, etc), "triple whammy" does not mean anything. Other Questions and Answers: