A term of contempt. There are those in the world who are not racist, yet say racist like things in order to insult someone, for example, "You jew!" This term is a combination of many of these into one phrase. It
originated from a gaming experience when one man had customized his character to have various equipment from England, France,
United States of America, Russia, and Germany (in a
world war two game, hence the "nazi") His opponant then quickly came up with this contemptful insult, combining all the nationalities, and a little racist sounding insult of his own at the end.