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Anonymous Posted 15 years ago
Vocabulary
Tin hats
Hi,
"The UK construction sector looked like it was heading for recession as public sector projects dry up and in Spain more than one in five are out of work. The French and Belgian governments were forced to pledge that no depositor in Dexia would lose a cent let alone a euro as they tried to avoid a Northern Rock-style run on the bank. Traders, unsurprisingly, were scrabbling for their tin hats." [From The Guardian.]
Does "scrabbling for their tin hats" mean that the traders were made uneasy with the economic situation described in the paragraph?
Thank you.
"The UK construction sector looked like it was heading for recession as public sector projects dry up and in Spain more than one in five are out of work. The French and Belgian governments were forced to pledge that no depositor in Dexia would lose a cent let alone a euro as they tried to avoid a Northern Rock-style run on the bank. Traders, unsurprisingly, were scrabbling for their tin hats." [From The Guardian.]
Does "scrabbling for their tin hats" mean that the traders were made uneasy with the economic situation described in the paragraph?
Thank you.
Top answer
I'd say that it means that traders were looking for ways to protect themselves (financially) from the economic chaos going on around them. John
- I'd say that it means that traders were looking for ways to protect themselves (financially) from the economic chaos going on around them.
- John
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2 Answers
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I'd say that it means that traders were looking for ways to protect themselves (financially) from the economic chaos going on around them.
John
John
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