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Terminological interlude

One of the problems with our discourse today is that we don't have a name for the financial and economic crisis that we've been in since, like, forever. I've toyed with several ideas, but today, I'm rather taken with The Big FAIL.

Because there's so, so much right now that's exhibiting an utter lack of win, don't you agree?

Even, perhaps, "the right people".

NOTE Hat tip for FAIL to LOLfed, where I first encountered the term.

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Submitted by Anne on

that not only encompasses the result, and the process, but is also a commentary on those who participated in it and those who produced it: