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."
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."
when you're holding up your phone and making faces at it, as though you are taking a selfie, but you're really taking a picture of the person across from you or the wall or anything else that seems interesting but you don't want to be caught dead taking a picture of.
This action is often made more convincing by wiggling the eyebrows or opening the mouth, to pretend you're trying to get a Snapchat filter to work.
FRIEND A: "Did you just take a stealthie of me?"
FRIEND B (turning phone around): "no I was just using snapchat's new filter, see?"