kwarteng

kwar·teng VERB

1) to commit a grave error, potentially financial in nature

※This definition can pertain to something that has happened before and stopped or an action currently occurring.

2) to suffer a continuous state of disaster
※This definition should have greater effect if the term is used for a situation arising from an action under definition 1.

Synonyms: 1) blunder, make a mistake, (informal) bugger up, (vulgar) fuck up
2) languish, suffer, be tormented, be tortured, (informal) get screwed over, (vulgar) get fucked over

Derivation:

1) From the surname of Kwasi Kwarteng, Chancellor of the Exchequer, in the aftermath of a September 2022 mini-budget widely condemned as erroneous by, among others, the International Monetary Fund and the Bank of England.
2) The same, but more as a result of the apparent rationale for emergency interventions by the Bank of England in the aftermath of the above.

To be blamed for an error by your boss, so that your boss might protect their own position, even though they were equally culpable. The word was invented after the dismissal of a prominent UK politician, Kwasi Kwarteng who served for 38 days as Chancellor of the Exchequer under Prime Minister Liz Truss.

The requisite minimum length of time you must stay in a job before you can add it to your CV.

A yes-man that cocked up the british economy

Apparently they don't teach economics in Africa

A scientific measurement of the shortest possible time between taking up and fucking up a job.

A sharp reversal of value, usually in response to pronouncements of irrational fiscal policies.
A decline in value of a sudden and extreme nature.