squandermania

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English

Etymology

squander +‎ -mania

Noun

squandermania (uncountable)

  1. Excessive expenditure by a government on a supposedly prestigious project.
    • 1975 May 25, “Turmoil on mainland”, in Free China Weekly, volume XVI, number 20, Taipei, page 3:
      A third statement which appeared April 15 in a Communist Chinese newspaper "Red Guard" disclosed serious corruption, theft and squandermania among Communist cadres.