Fiasco!

Fiasco
From Wikipedia, the free encyclopedia

A fiasco means a complete or humiliating failure, especially of a pretentious undertaking. syn: fanasco

The Concise Oxford Dictionary gives fiascos as the plural, although fiascoes is also seen, especially in the United States.

The word is an Italian word meaning a "flask" or the type of round wine bottle, sometimes wrapped in straw, used traditionally for Chianti wine. The Concise Oxford notes that the allusion is unexplained, but various possibilities have been suggested.

The more modern Compact Oxford Dictionary states that the word is borrowed from an Italian phrase far fiasco, literally "to make a bottle", figuratively "to fail [in a performance]". This is similar to the informal British English usage of "to bottle out" meaning to "lose one's nerve".
Alternative interpretation of the Italian "far fiasco" as a meaning for failure can be traced to production of glass bottles by glass blowing. A mistake in the process would result in a bottle of irregular shape with protuding or enlarged base which in Italian is termed "fiasco" as opposed to "bottiglia" (bottle)

Now that we have the definition let me as, have you ever experinced a fiasco? Are you sure?
To hear some examples of real fiascos you have to listen to the "This American Life radio show and the program they did called Fiasco! Here is the program description:

Stories of when things go wrong. Really wrong. When you leave the normal realm of human error, fumble, mishap and mistake and enter the territory of really huge breakdowns. Jack Hitt tells the story of a small town production of Peter Pan in which the flying apparatus smacks the actors into the furniture, in which Captain Hook's hook flies off his arm and hits an old woman in the stomach. By the end of the evening, firemen have arrived and all the normal boundaries between audience and actors have completely dissolved. A philosophical inquiry into the nature of such fiascos, perhaps the first ever.

This program is hillarious and will male you appreciate the beauty of a fiasco!

Here is the link to the program:
Fiasco