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Coined in April 2010 by "Prime Time" Deion Sanders, shibacle refers to a scenario where a social or business exchange takes place that is totally lopsided and unfairly skewed toward one of the parties involved (possibly unbeknownst to the fool that is getting taken for a ride). It is a combination of shit, shitty, or shittily and debacle. Shibacle.
This whole thing is a mess-- that loser totally got shibacled by that dude. Epic fall.
shibacle by ElitheBarrowBoy April 9, 2010
Related Words
A screw-up so large and so shitty as to go beyond creating merely a debacle.
The wedding reception became a complete and total shibacle when the best man farted during the toast, creating a fireball atop a nearby candle and lighting the bride's hair on fire.
shibacle by Neion Deion April 9, 2010
"The Donovan McNabb trade was dumb as hell. It was a total shibacle."
shibacle by MauryBallsteen April 9, 2010
A debacle of monstrous proportions.
First coined by Deion Sanders referring to the Donavon McNabb Trade of 2010:

"The Donavan McNabb trade was as dumb as the Herschel Walker Shibacle."

shabacle 

A combination of the words "shenanigans" and "debacle" to indicate a disastrous or confusing situation resulting from questionable or mischevous practices/conduct.
Wow, that party last night was such a shabacle after my ex showed up.
shabacle by NumeroARO April 4, 2010

Shebacle 

A shenanigan that turns into a debacle. Mischievous or playful activity that quickly becomes disastrous.
This bachelorette party quickly became a shebacle.
Shebacle by Jac-Attack April 25, 2013