de·ba·cle, débâcle /deɪˈbɑːkəl, dɪ-/ noun [countableC] FAILan event or situation that is a complete failure 大败,崩溃 the debacle of the 1994 elections 1994年大选的惨败
debacle• But remember what happened in the 1994 bond debacle.• A political debacle laid the groundwork for progress.• The debacle began shortly after we arrived for dinner one night.• The glum symptoms range from junk-bond distress to the destruction of wealth caused by falling property values and the thrifts debacle.