teeter on the edge of (something)

teeter on the edge of (something)

To be very close to doing something or of having some imminent event happen, especially that which is bad or disastrous. The company is still doing business, but ever since the recession hit, they've been teetering on the edge of closing down. The crew are so maddened by the cuts to their pay that everyone is teetering on the edge of mutiny.
See also: edge, of, on, teeter