I thought failing turbo would reduce engine load.
Until some parts of the compressor turbine gets in the engine. Then we get catastrophic failure like that. I've seen damage to engine internal due to valve failure. One had a piston broken in half with one half completely missing. The crankshaft/con rod/piston assembly is very precisely balanced. Once you destroy that balance, toejam hit the fan.
Funny vid right there

I've seen my share of blown engine in my life but that was a job well done. Totalled.