A catastrophic depression.    From Wordnet, Princeton University. 

I think they call it catastrophic thinking and I do indeed do this.    From Wordnik.com.  [Back on Track] Reference

I would use the word catastrophic in a crisis and China knows this.    From Wordnik.com.  [CNN Transcript Jan 24, 2007] Reference

I don't like the word catastrophic, but it certainly bordered on that.    From Wordnik.com.  [Fore, right!] Reference

What potentially sick people need is long-term catastrophic health insurance.    From Wordnik.com.  [Health Care is Zero-Sum?, Arnold Kling | EconLog | Library of Economics and Liberty] Reference

A system that ends in catastrophic failure and death for 1% of all flights is NOT reliable.    From Wordnik.com.  [Would You Bring Back NGLT-or SLI? - NASA Watch] Reference

The US is in catastrophic circumstances so we send in the equivalent of 'Good job Brownie.    From Wordnik.com.  [Obama camp out with new gas tax ad, Clinton camp fires back] Reference

When you hear the word catastrophic used to describe what might happen, it could include loss of life.    From Wordnik.com.  [CNN Transcript Aug 28, 2005] Reference

Each Age begins with creation and ends in catastrophic destruction, which then brings about another creation.    From Wordnik.com.  [Mythology and legends of the Nahua people - part 2] Reference

What they call a catastrophic wildfire that could become almost impossible to really get control of and put out.    From Wordnik.com.  [CNN Transcript Oct 23, 2007] Reference

I gather from Arnold's rebuttal that he was able to figure out what Holt meant by "cross-subsidies" in catastrophic insurance.    From Wordnik.com.  [Health Care Celebrity Death Match, Arnold Kling | EconLog | Library of Economics and Liberty] Reference

There certainly are numerous other fatal failure modes in catastrophic launch failure, but the fireball certainly need not be one of them.    From Wordnik.com.  [NASA ESAS Study Appendices Show up on Pay-Per Use Site - NASA Watch] Reference

They seem to be on the "learning" curve at our expense. – 4 years from now we will be up to our eyeballs in catastrophic debt – cramit.    From Wordnik.com.  [Poll: Confidence in Obama drops; No gains for GOP] Reference

Thanks to Tyler Cowen for the pointer, and for plugging my forthcoming book, which focuses on long-term catastrophic health insurance, not on HSA's.    From Wordnik.com.  [Health Care is Zero-Sum?, Arnold Kling | EconLog | Library of Economics and Liberty] Reference

As one adviser said, if she loses in Iowa, it would be -- quote -- "catastrophic" -- Kitty.    From Wordnik.com.  [CNN Transcript Oct 4, 2007] Reference

A market for long-term catastrophic health insurance, that pays for large expenses cumulated over a period of years.    From Wordnik.com.  [The Jane Galt Health Plan, Arnold Kling | EconLog | Library of Economics and Liberty] Reference

This is what is known as a catastrophic health insurance plan.    From Wordnik.com.  [Gary S. Chafetz: The Continuing Health-Care Debacle in America] Reference

He specializes in what's called catastrophic damage litigation.    From Wordnik.com.  [CNN Transcript May 5, 2009] Reference

It's a move the DA's office is calling catastrophic if approved.    From Wordnik.com.  [TurnTo23.com - Local News] Reference

That word catastrophic, I don't think, fits in with that but I could be wrong.    From Wordnik.com.  [CNN Transcript Feb 9, 2009] Reference

These so-called catastrophic health insurance plans can be yours for much less.    From Wordnik.com.  [pfblogs.org: The Ad-Free Personal Finance Blogs Aggregator] Reference

What some people called catastrophic predictions are bitter realities of the present.    From Wordnik.com.  [6TH MINISTERIAL MEETING OF GROUP 77] Reference

There is actually a way to "boycott" the insurance industry, it is called catastrophic insurance.    From Wordnik.com.  [Denver Post: News: Breaking: Local] Reference

But the Hurricane Katrina was never identified as a catastrophic event, as outlined in the GAO report.    From Wordnik.com.  [CNN Transcript Feb 9, 2006] Reference

ROBIN, IREPORTER: As far as health insurance goes, I have what is called catastrophic health insurance.    From Wordnik.com.  [CNN Transcript Mar 28, 2009] Reference

3 A.M. call uses the 'It was late, I was tired' excuse twice to explain catastrophic campaign blunders!.    From Wordnik.com.  [Bill Clinton says race card allegation 'revolting strategy'] Reference

She would be catastrophic, which is why I will send her a campaign contribution as soon as she declares.    From Wordnik.com.  [Plouffe: Palin would be 'catastrophic' as 2012 GOP nominee] Reference

It's 3: 00 p.m. Central in Rita's strike zone, on the brink of what one official calls a catastrophic event.    From Wordnik.com.  [CNN Transcript Sep 23, 2005] Reference

And this whole week we've had a bunch of news that isn't quite good, but not catastrophic, which is a big change.    From Wordnik.com.  [Marketplace] Reference

The companies don't know which shortcut will be catastrophic, which is why the pattern is unpredictable and chaotic.    From Wordnik.com.  [Carl Pope: Strange Attractors on Parade] Reference

When that happened, the whole front suspension was compromised, and what ensued can only be called catastrophic failure.    From Wordnik.com.  [Autoblog] Reference

GORE: Well, I'm in favor of the so-called catastrophic protection, and we put money in the budget this year to take care of that.    From Wordnik.com.  [CNN Transcript - Special Event: Democratic Presidential Candidates Debate at Harlem's Apollo Theater - February 21, 2000] Reference

Look at the beliefs underlying the idea of catastrophic global climate change and you'll find, at their core, a story about human power.    From Wordnik.com.  [Bill Totten's Weblog] Reference

Also, Kevin Everett, the Buffalo Bills player defied the odds in his recovery from what was describes as a catastrophic collision on the field.    From Wordnik.com.  [CNN Transcript Feb 5, 2008] Reference