That failing company is really circling the drain now.
circle the drain
idiomTo be in a rapid decline or in a state of downfall, especially as leading to an inevitable utter failure or destruction.
With sales dropping every month and no new investors, the small business is clearly circling the drain.
As the political scandal deepened and public support vanished, it became evident that the administration was circling the drain of total collapse.
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brain drain
The migration of educated or talented people from less economically advanced areas to more economically advanced areas, especially to large cities or more developed nations.
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circle back
To return to a previous location or state; to come back to.
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circle the wagons
To prepare to defend against an attack or criticism.
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come full circle
To make a complete change or reform.
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drain the python
To urinate.
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drain the snake
To urinate.
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full circle
Through a cycle of transition, returning to where one started after gaining experience or exploring other things.
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go down the drain
Synonym of go down the toilet: to fail.