go down the tubes

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Related to going down the tubes: gone down the tubes, went down the tube

go down the tubes

1. To be ruined or destroyed; to be caused to fail completely. My father's company is going down the tubes because of the incompetent new CEO.
2. To be squandered; to be wastefully used up or discarded. All of our savings have gone down the tubes ever since Jack had his little gambling spree in Las Vegas.
See also: down, go, tube
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

go down the ˈtube/ˈtubes

(informal) (of a plan, company, situation, etc.) fail: The education system is going down the tubes.
See also: down, go, tube
Farlex Partner Idioms Dictionary © Farlex 2017

go down the tube

verb
See also: down, go, tube

go down the tube(s)

and go down the chute
in. to fail totally; to be ruined. I tried, but it all went down the tube. All my plans just went down the chute.
See also: down, go, tube
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
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References in periodicals archive ?
This is not to say that New York is going down the tubes; New York is here to stay and will remain viable as a great metropolis - assuming a balance of services are maintained, we are not overtaxed, and we do not lose a large number of companies leaving the city.
They forget that taxes paid by ordinary people are what saved them from going down the tubes.
Golf punters lost money when internet betting site golfinggods went into administration last year and O'Keeffe said yesterday: "When golfinggods were going down the tubes, we removed them from the IBAS register.
But while things were looking good on the scales, her 25-year marriage was going down the tubes.
The truth is, if there's a global holocaust we're all going down the tubes.
A small family-run business is going down the tubes, thousands of pounds of investment seem to have been wasted and father and son blame each other.
Besides, when the Central Bank failed to spot "that" the economy was going down the tubes, should we be surprised "that" they added that extra "that"?
"Remember, two-and-a-half years ago I was desperately trying to find a buyer for Hearts because Chris Robinson and the other directors were hell bent on selling Tynecastle to Cala Homes and the club was going down the tubes."
Debbie Reynolds, co-owner of Fortes Cafe, said: ``Barry Island isn't going down the tubes, and hopefully we can recreate a good atmosphere down here.
We showed how Frank had slagged off the UTV show, saying it was going down the tubes.
The massive gamble on promotion this season by the club's Thai owners is on the verge of going down the tubes, which puts the Foxes at risk next term.
TROUBLED ITV Sport digital channel faces going down the tubes unless the English League agrees to accept less money.
"They have been in some fantastic story lines over the years and we just hope the show is not going down the tubes."