What is Pazmania?
1.
An affectionate term for the Australian state of Tasmania, used by mainlanders planning excessive consumption of alcohol on the island. First coined by a group of Adelaide visitors in early 2009, the word quickly gained popularity and the approval of Hobartians' who likened it to 'RADelaide' (some say in a effort to have their home town appear a little more hip). Pronounced 'Paz-MANIA', vocal stress on the latter half of the word alludes to the state's wild, frenzied, and often red-headed inhabitants.
We're going to Pazmania!
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1. A technically bankrupt company that is kept alive with large infusions of government money for the sake of "stability" in t..
