Go down the chute phrase
If something goes down the chute, it is destroyed or wasted.
His business went down the chute because of the Covid-19 pandemic.
All our efforts just went down the chute.
All of my savings have gone down the chute after the trip to Paris.
Time is running out.
To spend money wastefully
1. To discard something.
2. To waste or not make use of something well.
3. To say something offhandedly.
4. To deliberately throw an incomplete football pass.
To waste something foolishly.
The verb "go" should be conjugated according to its tense.
1.Someone viewed with contempt
2. Very bad
1. He dropped out of college and became a crumb bum.
2. The food here is crumb bum! I will never come back to this restaurant once again.