Australian slang term used to imply that someone is completely crackers. An analogy used to convey a state of insanity, possibly catalysed by heavy consumption of legal or illegal substances.
eg1. Policeman: He threatened the victim with a spork, held her hostage and demanded the ransom be paid in bananas... He was captain rats.

eg2. Josef Fritzl is captain rats.
by Coco schmoko September 4, 2009
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The last rat to leave a sinking ship is the Rat Captain.

1. an employee of a failing businesses, who has no real authority but still insists on sticking it out for as long as possible, despite that everyone at their level or below is quitting.

2. middle management of a failing business who is helping all of their subordinates to get good severance packages before they leave themselves.
"you gotta bail on that job already you Rat Captain, they aren't going to promote you when they're in liquidation"
by clayhands May 26, 2021
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