Precarious

Precarious [adj] 1.) Dangerously lacking in security or stability. 2.) Subject to chance or unknown conditions.

An excellent adjective to add to the repatoire, and a much more polite way of saying a situation is totally fucked. To date I have been in 17 "precarious" situations including or caused by; a little leauge baseball game, yogurt, an orange highlighter, another man's umbrella, a plastic chair, a library book, an oversweetened cup of tea, a horse with no name, Neil Diamond, a major radio executive and a live chicken, a block of cheese, tuna fish, a six pack of Budweiser trucker cans and my friend Matt's truck, (11-14 are actually all part of the same event, but all played a significant role to warrent their own number), my friend Matt's truck's windshield (seperate occassion).

Common Usage:

Man on Jetski: Ah! Quite the precarious situation!
Other manon same jetski: I suppose our little bet ahout far into the ocean we could ride has taken an unexpected turn of events, eh?
Man on jetski: Yes, our decision to forgo an extra can of gasoline to get back to dry land shows serious lack of foresight.
Shark: You boys lost?
Other man on same jetski: Look! A talking shark! Nobody will believe this!
Shark: No, they won't, as I am going to eat you both.
Man on jetski: Oh.