What is Peakshow?
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n., A situation in which one or many is overwhelmed by how high everyone around him/her/them is. The "peak" is a term used to describe that one's high is "peaking," ie., at the highest point after the smoke.
(Burning 5 gram blunts at a social event with 20 kids around you, all laughing uncontrollably)
"John, this is hillarious! Look at these kids!"
"I know man...fuckin' peakshow!"
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Neighborhood in mid-town NYC, on the east-side in the 30s near the Emprie State Bldg. Named for a hill that used to stand on the Murray..