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The Great Squandering 

The period during the first 10 years of the 21st Century when the United States and Western Europe experienced severe financial mismanagement, executed dubious Middle East military expeditions, and purchased goods from foreign countries with unbounded borrowed money.
"The Great Squandering focus on terrorism was sleight-of-hand distraction away from the economic threat of China. We've been fooled. And as long as American's continue to bask in the luxury of fighting against each other, there's an increasing probability that our great-grandchildren will be speaking Chinglish."

Squandering slut bag 

Someone who wastefully uses a genuinely precious person without recognition of their selfish actions. This person could be considered greedy and in the act of doing so, offends their victim.
These people are percieved by the general public as sweet or charming but are actually disguising their greedy nature by their good looks and fake persona.
"I really hope that squandering slut bag doesn't show up at the party tonight."
Squandering slut bag by G-ruNdZ March 30, 2009

Squandering 

Joe is just squandering all his profits away at the casino!
Squandering by KopyKat007 September 5, 2011

standering 

when a male sticks his arse in your face constantly
pace: he was bare standering me

nicole: innitt bruv
standering by violet1234 September 30, 2009

Right squandering 

She was right squandering with the bacon in the BLT
Right squandering by Glyf March 6, 2022