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Definition of basket case noun from the Oxford Advanced Learner's Dictionary

basket case

noun
 
/ˈbɑːskɪt keɪs/
 
/ˈbæskɪt keɪs/
(informal)
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  1. a country or an organization whose economic situation is very bad
  2. (offensive) an offensive word for a person who has crazy ideas and has problems dealing with situations
  3. Word Originearly 20th cent.: originally US slang denoting a soldier who had lost all four limbs, thus unable to move independently.
See basket case in the Oxford Advanced American Dictionary
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