A country goes to shit, like the (interwar German) Weimar Republic, or a political actor does something to cause it.
This specifically refers to inflation, political mob violence or many different parties getting elected that are unable to form a functioning government coalition.
Left-Winger: Man, looks like we're gonna go full Weimar.
Right-Winger: Are you kidding? Now with the Trump administration slashing all your bloated taxing and spending, the value of our currency is finally secure. Still hope we'll get back on the gold standard soon though. Better safe than sorry.
Left-Winger: What? No. I meant we'll be fighting each other in the streets soon. Can't wait to beat up some nazis.
Right-Winger: That could be fun, I guess. Am I allowed to bring my arsenal of guns?