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tailspin (n.)

"downward spiraling dive of an aircraft," 1916, from tail (n.1) + spin (n.). Figurative sense of "state of loss of control" is from 1928.

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Definitions of tailspin from WordNet

tailspin (n.)
loss of emotional control often resulting in emotional collapse;
tailspin (n.)
rapid descent of an aircraft in a steep spiral;
Synonyms: spin
From wordnet.princeton.edu