The place where balloons fly off to when they are either lost or popped. This land was invented by great philosipher Rhiannon Lloyd and is even further away than mars. Balloon land is a very peaceful place without war.
"Dont worry sally, its sad that your balloon has gone, i know, but its gone to a better place"
by Rhiannon Lloyd January 19, 2004
acting nonsensical or irrational; drunk or stoned; about to lose consciousness: not lucid or aware of his/her immediate surroundings. A derivative of insult for "insane", such as "looney tunes" or " lunatic".
" After all that booze, he's probably in balloon land".
by Ren May 03, 2004