Degringolades, plural noun, refers to a series of rapid and often chaotic declines or deteriorations. It is derived from the French word "dégringolade," which means an uncontrolled fall or descent. The term is primarily used in a figurative sense to describe a sequence of worsening events or an abrupt collapse in various contexts.
In financial contexts, degringolades may pertain to a sharp decline or crash in the value of stocks, currencies, or other assets. Such market degringolades often have a domino effect, triggering economic crises or recessions. Additionally, degringolades can signify the successive failure or bankruptcy of multiple companies or industries within an economy.
Outside of finance, degringolades can describe a cascading series of setbacks or downfalls in various areas such as politics, relationships, or personal affairs. For instance, in political affairs, degringolades may refer to a rapid succession of scandals, public controversies, and loss of public trust, resulting in the downfall of a government or a political figure's career.
Furthermore, degringolades can also encompass a gradual decline or deterioration in physical or mental health. In this context, it denotes a series of worsening symptoms or events leading to a significant decline in one's well-being.
In summary, degringolades denote a rapid and often chaotic series of declines, falls, or deteriorations across a range of domains, including finance, politics, relationships, and personal well-being.
