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from the REM song "the end of the world as we know it"

Used to describe a major change in the way things are or a perception of an upcoming apocalyptic mad max type scenario.

Gaining traction in usage by the financial community.
If the government defaults on it's loans it will be a teowaki event.
by starman101 March 03, 2009
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The vengeful act of crapping on a lover's chest while they sleep.

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