Something that a NY Mobster might tell a reporter when he knows that his time is limited. He's done some really outrageous shit to other gangsters, and as a result, he is a dead man. Like a moth caught on a hot light, he knows it's wrong, but the danger gives him such a charge that he really has ceased to care. A guy in this position would say this and really mean it.
"I got one foot in the grave, and the other on a banana peel." "We live this way, but we don't care."
"One foot in the grave"- half dead, dying, death is catching up. Tired, old, metaphorical
"Foot on a banana peel"- funny, humorous, cartoon, things are going comically wrong, events are not working in one's favor. *Picture* stepping on a rake and being hit in the face with the handle. Knee slap comedy
One foot in the grave and the other on a banana peel expression-
damned if you do, damned if you don't...
Guy 1: "how are you doing?"
Guy 2: *expression meaning* on one side (one foot) I've really gone to hell, or im working on getting there- and on the other side (other foot) it's pretty stupid, but entertaining to watch, the bullshit that's been happening to me or that I've been outing putting myself through...
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.