Squandermania

noun

Definitions

Noun
  1. 1
    Excessive expenditure by a government on a supposedly prestigious project. uncountable

    "A third statement which appeared April 15 in a Communist Chinese newspaper "Red Guard" disclosed serious corruption, theft and squandermania among Communist cadres."

  2. 2
    prodigious squandering (usually by a government) wordnet

Etymology

From squander + -mania.

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