Been there. Done that. Watched the 'flat spin' into insolubility.
lol
That should be a WSJ headline.
Google AI (accurately parsing my meaning) says:
The term "flat spin into insolubility" is likely used metaphorically, drawing on the concept of a "flat spin" in aviation to describe a situation that becomes progressively more difficult to resolve, eventually reaching a state where it is "insoluble" or impossible to fix.