An alternate way to express that a situation 'should be (shibi) alright (shibs)' and result in a desired outcome. This term can be used as a famous last word prior to engaging in an action or activity with a low likelihood of success.
Squad leader: Full squad ahead, you have a pistol and no plates, pull back!!
You: Hmm, shibi shibs!!
Friend: You just smashed 2 cans of VBs and a tequila shot, give me the keys.
You: Shibi shibs bro!!
You: Hmm, shibi shibs!!
Friend: You just smashed 2 cans of VBs and a tequila shot, give me the keys.
You: Shibi shibs bro!!
by Jetstar_control October 18, 2020
A gay group consisting of freshmen kids that think that they're so cool and that they're group is the best, when in reality all they do is gay burping contests.
by Gangsta Wha? April 26, 2004