QPR are eight points from safety after three defeats in a row - and only once has a team stayed up after being bottom on 1st January, which was West Bromwich Albion eight years ago.
Liverpool, with Luis Suarez at his electric best, dominated from the outset and coasted to victory.
And Fernandes said on Twitter: "No excuse. Lost for words. Back to the drawing board. Woeful performance.
"When we signed all those players. Everyone was full of praise. No one thought we would be in such a mess. Not over yet though."
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