debacle

noun. a total disaster or great failure

"Of course, no one, not even the biggest Knicks hater, could see this debacle of a season coming for the Knicks. The Knicks (6-36) just snapped a 16 game losing streak and won for only the second time in their last 28 games."
"Will the Sony debacle provide the alarm we need to rethink computer security from scratch?"
"The Dot-com Debacle"

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