the euphemism of the century

The phrase "of the century" means that the thing described is the most extreme or remarkable thing of its kind of the last 100 years. The car of the century, the film of the century, the crime of the century, etc.

Not necessarily the LAST century;
it can refer to any period of 1OO years, e.g. the 17OOs, or the 18OOs, etc.

ghettoization is the euphemism of the century ...
What does "the euphemism of the century " mean here?

ghettoization is the euphemism of the century ...
What does "the euphemism of the century " mean here?

It means it is an underexageration of the facts of reality...