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A situation, person or thing that is so completely nutty it is crazy and ridiculous at the same time ==> ricrazerous.
Did you hear about that ricrazerous new iPhone app for jogging where it simulates you're being chased by zombies?

Dude, your boss is ricrazerous, I can't believe you had a meeting on Friday that lasted until 8pm!

Traffic on Kelly Drive is completely ricrazerous today thanks to all that flooding last night...
by G Philly September 20, 2011