Implode (verb)

To collapse inward violently and suddenly, as a result of internal pressure that is greater than the external pressure.

Origin:

First recorded in english in 1874, from in- "into" + latin plodere "to burst".

Examples:

1. The building imploded after a gas explosion.
2. The company imploded after the scandal was revealed.
3. The balloon imploded when it was punctured.
4. The star imploded and formed a black hole.
5. The economy imploded due to the financial crisis.