Русско-английский словарь пословиц и поговорок
МОГЛО БЫТЬ И ХУЖЕ
We do not have to despair, things are not soterrible. (One says so to console himself or someone else). See Эта беда не беда, только б больше не была (Э)
Cf:It's never so bad that it can't be worse (Am.). It's not the end of the world (Am.,Br.). Nothing so bad but it might have been worse (Am.,Br.). Nothing so bad that it couldn't be worse (Am.). Worse things happen at sea (Br.)