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Alice in Wonderland

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adjective British English pronunciation: Alice in Wonderland /ˌælɪs ɪn ˈwʌndə(r)ˌlænd/
 
  1. used for talking about a strange situation, in which everything seems to be the opposite of what normally happens

    the Alice in Wonderland world of the corporate boardroom, where failed executives get paid huge bonuses

Word story
From Alice's Adventures in Wonderland, a famous children's story by Lewis Carroll in which a girl called Alice visits a strange dream-like world.
 

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