Crossword Genius

In a __; spiraling downward

Ross

I believe the answer is:

tailspin

(Other definitions for tailspin that I've seen before include "Alpinist (anag) -- state of panic" , "Spiral aeroplane dive" , "Spiral dive of aircraft in trouble" , "that could result in crash" , "State of rapidly increasing panic" .)

I've seen this clue in The Mirror.
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