How to read (transcription):
– something that causes a strong surprise
– a situation from which there is no way out but that can be considered funny in some extent
More from "Conversational Russian"
to arrive (slang)
to drive very fast
punch in the face
until full exhaustion (lit. - until turning blue)
short of "хорош", meaning "enough"
for free (en français: à l’œil, aux frais de la princesse)
to go crazy, to lose one's wits