It is important to remember that default does not usually imply a complete wipe-out .

必须记住，通常违约并不意味着 血本无归。

By then there was no way out asset market collapse and financial system wipe-out were baked in the cake .

但随后便走投无路资产市场崩溃和金融体系 覆灭 成为 注定 的 结局。

The concert was a complete wipe-out .

这场音乐会是一次 彻头彻尾 的 失败。