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go up in flames

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go up in flames and go up in smoke 
1. Lit. to burn up completely. The entire forest went up in flames! The expensive house went up in smoke.
2. Fig. [for value or investment] to be lost suddenly and totally. Everything we own has gone up in flames with the stock crash. The entire investment went up in smoke.
See also: flame, up

go up in flames
to fail or come to an end suddenly and completely Final hopes of a pay settlement went up in flames yesterday after talks broke down.
See fan the flames, shoot down in flames
See also: flame, up


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