When something goes very wrong for one person or team. When something is seen on tv or is heard somewhere where multiple people hear it and is bluntly making fun of you or pointing out a fault about you without you knowing it was going to happen.
Person 1: DUDE! did you see the bengals game?
Person 2: Yeah man it was like pistol whipping a blind kid.
Person 1: my friend john fucks little boys
Person 2: damn that was like pistol whipping a blind kid.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.