Usually said when one has nothing to say, or when one wishes to be weird, in a sentence with no added context. Has no known meaning.
"...Flooble flobble."
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Said when one either has nothing else to say or wishes to be weird. Usually said out of the blue with no added context (but can be used in a functioning sentence). The word can mean many things, from one's biggest wishes and desires to spiders.
...OMG IT'S A FLOOBLE FLOBBLE!