The term "the skids" typically refers to a state of decline, failure, or trouble. There are numerous synonyms for this phrase, all suggesting a downward trend or negative outcome. Some similar terms include "on the decline," "in freefall," "spiraling downward," "headed for disaster," and "on the rocks." These expressions all indicate a problematic situation, whether it's financial, personal, or professional. Other synonyms for "the skids" might include "unraveling," "slipping," "losing ground," or "hitting rock bottom." Whatever the situation, these terms convey a sense of dire circumstances and warn of potential trouble ahead.