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Mutually Assured Destruction

The "lose-lose" scenario in any kind of war, although nuclear war is often associated with this term.
"From my reading of various pronoucements made by the Russian High Command over the years, I am convinced that they will never again permit their nation to be threatened... no matter what the cost... that cost itself may actually is Mutually Assured Destruction."

-- Alan Moore, as the voice of Professor Milton Glass, "Dr. Manhattan: Super-Powers and the Superpowers", in Watchmen (DC Comics, 1986)

mutually assured destruction

1. A position whereby the United States and the USSR - Union of Soviet Socialist Republics - would in a nuclear war, be able to destroy each other with their arsenals of nuclear weapons. Each maintaining the possibility to strike the other even if one party fired first. The phrase mutually assured destruction thereby implies that both parties assumed the ability to strike and destroy the other. A catastrophic eventuality if it ever arose. Both parties thus maintained this position, assuring each other than nuclear weapons would not be used, even if a conventional war broke out. The downfall of the Soviet system and emergence of the Russian federation did not make a nuclear war ineffectual, rather it maintains that the two parties still have the capability - and underscores the fact that a nuclear war between these nuclear giants is an inevitability.
2. While this term is specifically used to term the USA and Russia, it may also be applied to China as the latter has built an intercontinental ballistic arsenal that would be deployable if the USA and China ever faced off.

Mutually Assured Blumpkin 

When two people performing oral sex on each other simulaneously shit their pants.
Jayson and Steve's date was going so well, until it was ruined by Mutually Assured Blumpkin.

mutually assured destruction

Where two guys face each other, wanking off, and try to have both ejaculates collide in mid-air, thus averting catastrophe.
Shall we save the world again tomorrow, Bill?

...from mutually assured destruction

mutually assured destruction

teachers call it MAD
when two countries come to an understanding that if one country launches an attack the other will retaliate with equal force
when jenifer gillbert walks into a class room

mutually assured destruction

Difficult to define exactly, but it's not the actual *name* of a situation or doctrine. Rather, it describes the outcome of a given action in the circumstances:
In the case of the US and USSR, their shared determination to retaliate to an attack by the other - given the size of their nuclear arsenals - would've assured mutual destruction.