Queer Street:
Financial difficulties, questionable dealings. A difficult situation.
Examples:
Big right hand by Hearns, and Duran is on queer street! (boxing match commentary)
Limping Billy was also evidently in queer-street.
It's odd how small a sum will sometimes put a man in Queer Street.
Meaning from the English-Bulgarian Dictionary:
Queer [kwiə]:
Strange, peculiar, odd, eccentric.
Suspicious, dubious, not entirely honest, false, counterfeit.
Unwell, indisposed.
Crazy, mad.
To spoil, to thwart (plans, effect, etc.)
Am. To put in an awkward position.
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