kwar·teng VERB
1) to commit a grave error, potentially financial in nature
※This
definition can pertain to something that has happened before and stopped or an action currently occurring.
2) to suffer a continuous state of disaster
※This
definition should have greater effect if the term is used for a situation arising from an action under definition 1.
Synonyms: 1) blunder, make a mistake, (informal) bugger up, (vulgar) fuck up
2) languish, suffer, be tormented, be tortured, (informal) get screwed over, (vulgar) get fucked over
Derivation:
1) From the surname of Kwasi Kwarteng, Chancellor of the Exchequer, in the aftermath of a September 2022 mini-budget widely condemned as erroneous by, among others, the
International Monetary Fund and the Bank of England.
2) The same, but more as a result of the apparent rationale for emergency interventions by the Bank of England in the aftermath of the above.
Definition 1: That idiot of a CFO kwartenged the budget, didn't he?
Definition 2: Pension funds would have
collapsed within hours had the economy been permitted to kwarteng unimpeded.
