The economy is in recession, various places are in debt crisis, and the Shanghai authorities have also announced that they will live a “tightening life.” File photo: A sanitation worker in Shanghai at work. (JOHANNES EISELE/AFP/Getty Images)
[The Epoch Times, July 12, 2024](Comprehensive report by Epoch Times reporter Ning Haizhong) With China’s economy declining and society facing a serious crisis, the term “history’s garbage time” has resurfaced following involution and collapse, triggering panic in official media and provoking strong criticism. This development has sparked heated online discussions. Analysts believe that the official media is attempting to support the CCP, but the more they smear it, the more they confirm the CCP’s descent into “garbage time.”
“Garbage time” becomes a buzzword, criticized by state media, leading to ridicule
Recently, the phrase “history’s garbage time” has gained popularity on the internet, both domestically and internationally. It is supposedly a concept introduced by Austrian-American economist Mises. He argued that when a historical period deviates from economic laws and individuals are unable to influence it, failure inevitably ensues, marking “history’s garbage time.”
In early July, a 30-year-old female employee of China International Capital Corporation died suddenly. Rumors circulated that the death was linked to a severe pay cut due to the economic downturn and a sharp drop in property prices following a home purchase. Discussions regarding “history’s garbage time” are particularly lively on the internet within mainland China. Some financial influencers urge people to “avoid investment in garbage time,” while others suggest “laying down” as the only solution.
Yesterday, a Weibo user commented: “Many people claim we’ve entered history’s garbage time. Class divisions are solidified, emotions are low, and most are unable to work hard. The golden age of the millennium, when one might choose a job and position following graduation, has passed. Now, it’s time for the younger generation to grit their teeth and persevere.”
China’s economy has stagnated since last year, with the Communist Party of China’s top leaders frequently advocating for the “theory of economic light.” These online discussions have caused considerable tension within the official establishment.
On July 11, “Beijing Daily” published an article titled “”History’s Garbage Time”” on its official account “Governor of Chang’an Avenue”? True or false? “The article asserted that the economist Mises never mentioned this term and criticized some for using it for self-promotion, sighing, and being eccentric. This, the commentary claimed, merely suggests “helplessness and hopelessness” and seeks to deny and cast a pessimistic view upon China.
Wang Wen, executive director of the Chongyang Institute for Financial Studies at Renmin University of China, also published an article on Observer.com, stating that “history’s garbage time” is even more dangerous than the “laying down theory,” intending to persuade people to “lay down and watch the show.”
However, Wang Wen acknowledged that the popularity of the term “history’s garbage time” does reflect the current emotional resonance of many, mirroring the social psychology of the economic downturn.
Current affairs commentator Li Linyi told The Epoch Times that the Third Plenary Session of the CPC Central Committee is approaching, and officials are apprehensive regarding public opinion spiraling out of control.
He pointed out that several new terms have emerged in China in recent years: from involution, to half-lying, lying flat, and now “history’s garbage time.” A deeper examination reveals a progressive relationship between these terms.
“The current popularity of “history’s garbage time” reflects the public’s complete despair towards the CCP. The official media’s nervousness will only serve to further smear and accuse the CCP. Because some believe that the CCP itself has entered a garbage time.”
In the comment section of Weibo articles related to “Governor of Chang’an Avenue,” only a handful of comments express support for the CCP. On overseas platforms, the sentiment is markedly different:
Paiqing’s Wife: “Once they start refuting, it means the garbage time has really begun.”
Wadi Lao Liu: “That implies a consensus within and outside the system – we’ve entered history’s garbage time! This aligns perfectly with my assessment. It truly is history’s garbage time. In fact, this became evident as early as the 2018 constitutional amendment.”
Reporter Xiao Wu: “A commander from the Central Propaganda Department retorted, indicating that garbage time has truly arrived. There are comebacks in football matches, but the Communist Party only has one crooked tree.”
The Little Blue Bird Returns: “Since the beginning of the epidemic, we must interpret official statements in reverse.”
Urara8964 Sandaime: “Thank you, Governor of Chang’an Street, I now understand that it is ‘historical garbage time’.”
Pluto: “Afraid! Refuting means being correct.”
@dngxing33572357: “Fast forward until it becomes a banned word.”
Anydy: “This authoritarian defense is protecting interest groups, effectively admitting garbage time. The common people are acutely aware of social bankruptcy and the difficulty of finding jobs! In reality, the national treasury faces a deficit and substantial government debt. These articles fail to address this, instead blaming society and individuals while promoting stability and prosperity for the Western economic system.”
WeArePaper: “In present-day mainland China, regardless of individual actions, nothing can change the outcome of the reversal. Any attempts to comfort or soothe are lies, designed solely to buy time for escape. To authenticate this, simply observe the whereregardings of corrupt officials’ families.”
The concept of “history’s garbage time” first appeared when Xi Jinping came to power.
Data reveals that “garbage time” originates from sports events, denoting the remaining game time when the score gap between two teams is too vast to change the outcome.
The mainland self-media outlet “Quanguo Viewpoint” published an article on July 7, 2024, stating: “In the formal theory of Misesian economic research, the term “history’s garbage time” never appears. But when Mises offered informal comments on certain historical events and social phenomena, he did mention the so-called “waste of time.”
An internet search indicates that shortly following Xi Jinping assumed power, on September 19, 2013, the article “History’s Garbage Time, Culture’s Long Holiday” by veteran mainland media personality Hu Wenhui was first published on Hu’s personal WeChat public account “History’s Edge.” This article introduced the concept of “historical garbage time.”
What is the “garbage time of history”? Hu Wenhui explained: “History is akin to competition and inevitably includes significant waste time. At such times, the outcome is decided, and defeat is irreversible. Regardless of effort, it becomes a futile struggle. One can only attempt to end as honorably as possible.”
According to Hu Wenhui, the 1979 invasion of Afghanistan marked the Soviet Union’s garbage time, plunging it into a quagmire. The dramatic transformations in Eastern Europe in 1989 and the collapse of the Soviet Union in 1991 originated in 1979. Gorbachev simply desired an early end to this garbage time.
Current commentator Yuan Bin penned an article in The Epoch Times asserting that the CCP, akin to the Soviet Union during its 1979 invasion of Afghanistan, has entered its garbage time. The turning point was Xi Jinping’s re-election at the 20th National Congress of the Communist Party of China. The CCP has tightened its grip on the Chinese people and reversed the course of history. China’s economy has begun to slow down and stagnate, social conflicts have escalated, discontent has spread within and beyond the party, and the CCP’s governance crisis has deepened.
Editor in charge: Fang Xiao#
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The economy is in recession, various places are in debt crisis, and the Shanghai authorities have also announced that they will live a “tightening life.” File photo: A sanitation worker in Shanghai at work. (JOHANNES EISELE/AFP/Getty Images)
[The Epoch Times, July 12, 2024](Comprehensive report by Epoch Times reporter Ning Haizhong) When China’s economy is in decline and society is in a serious crisis, following the involution and collapse, the buzzword “history’s garbage time” has appeared once more , triggering panic in the official media and vigorous criticism. This move triggered a heated discussion on the Internet. Analysts believe that the official media is trying to support the CCP, but the more they smear it, the darker it becomes, confirming that the CCP has entered garbage time.
“Garbage time” becomes a buzzword, criticized by state media, leading to ridicule
Recently, the “garbage time of history” has been popular on the Internet at home and abroad. It is said that it is a concept proposed by the Austrian-American economist Mises. He believes that when a certain period of history deviates from economic laws and individuals are unable to change it, it will inevitably lead to failure. . This is history’s garbage time.
In early July, a 30-year-old female employee of China International Capital Corporation died unexpectedly. It was rumored that the cause was a severe pay cut due to the economic downturn and a sharp drop in property prices following purchasing a home. Discussions regarding “history’s garbage time” are very lively on the Internet in mainland China. Some financial influencers urge “don’t invest in garbage time”, while others think “the only way out is to lie down”.
A Weibo netizen left a message yesterday: “Many people say that we have entered the garbage time of history. Classes are solidified, emotions are low, and most people can’t work hard. The golden age of the millennium when you can choose a job and position following graduation has passed. Now it is the turn of events. It’s time for the younger generation to grit their teeth.”
Since last year, China’s economy has stagnated, and top leaders of the Communist Party of China have frequently called for “singing the theory of economic light.” Now these online discussions have caused official tension.
On July 11, “Beijing Daily” published an article titled “”History’s Garbage Time”” on its official account “Chang’an Street Governor”? True or false? “The commentator’s article stated that the economist Mises never mentioned this word at all, and criticized some people for using the topic to make use of the topic, sighing, and being weird, which is nothing more than insinuating “helplessness and hopelessness” and denying and pessimizing China.
Wang Wen, executive director of the Chongyang Institute for Financial Studies at Renmin University of China, also wrote an article on Observer.com, saying that “history’s garbage time” is more dangerous than “laying down the theory,” intending to persuade people to “lay down and watch the show,” etc.
However, Wang Wen also pointed out that the popularity of the term “history’s garbage time” does reflect the current emotional resonance of many people and the social psychology of the economic downturn.
Current affairs commentator Li Linyi told The Epoch Times that the Third Plenary Session of the CPC Central Committee is regarding to be held, and officials are afraid that public opinion will get out of control.
He said that in recent years, many new words have appeared in China: from involution, to half-lying, lying flat, and now there is “the garbage time of history.” If you look carefully at the meaning, there is actually a progressive relationship.
“The current popularity of “history’s garbage time” reflects the people’s complete despair towards the CCP. The official media’s nervousness will only have the effect of further smearing and accusing the CCP. Because some people say that the CCP itself has entered a garbage time.”
In the comment section of Weibo’s articles related to “Governor of Chang’an Avenue”, there are only a few comments that “sing good” for the CCP. On the overseas
Paiqing’s Wife: “Once they start to refute, it means the garbage time has really begun.”
Wadi Lao Liu: “That means that there is a consensus both inside and outside the system – now we have entered the garbage time of history! This is highly consistent with my judgment. It is indeed the garbage time of history. In fact, as early as the 2018 constitutional amendment When you succeed, the situation is settled. Just go to sleep.”
Reporter Xiao Wu: “A commander from the Central Propaganda Department retorted, indicating that garbage time has really arrived. There are kills and comebacks in football matches, and the Communist Party only has one crooked tree.”
The Little Blue Bird Returns: “Since the beginning of the epidemic, we must listen to the opposite of what the official says.”
Urara8964 Sandaime: “Thank you, Governor of Chang’an Street, now I know that it is ‘historical garbage time’.”
Pluto: “Afraid! Refuting means being right.”
@dngxing33572357: “Fast forward until it becomes a banned word.”
Anydy: “This authoritarian defense is protecting interest groups and admitting garbage time. The common people are deeply aware of the phenomenon of social bankruptcy and the difficulty of finding jobs! In fact, the national treasury is in deficit and there is a lot of government debt. These articles do not mention it. , instead of proposing solutions, they blame society and individuals for bringing stability and prosperity to the Western economic system.”
WeArePaper: “At the current mainland time, no matter what anyone does, nothing can change the result of reversing the car. At this time, any words to comfort the mood are lies. They are just to buy time for escape. If you don’t believe me, please see where the corrupt official’s family is.”
The concept of “history’s garbage time” first appeared when Xi Jinping came to power.
Data shows that “garbage time” is a term in sports events. It means that in a game, when the score gap between the two teams is too large to change the outcome, the remaining game time is called garbage time.
The mainland self-media “Quanguo Viewpoint” published an article on July 7, 2024: In the formal theory of Misesian economics research, the term “history’s garbage time” has indeed never appeared. But when he made informal comments on certain historical events and social phenomena, he once mentioned the so-called “waste of time.”
A search of the Internet found that shortly following Xi Jinping came to power, on September 19, 2013, the article “History’s Garbage Time, Culture’s Long Holiday” by veteran mainland media person Hu Wenhui was first published on Hu’s personal WeChat public account “History’s Edge.” The article proposed the concept of “historical garbage time”.
What is the “garbage time of history”? Hu Wenhui said, “History is like competition, and there is inevitably a lot of waste time. At that time, the situation has been decided, and the defeat is irreversible. No matter how hard we work, it is just a futile struggle. We can only try to end as honorably as possible.”
According to Hu Wenhui, the invasion of Afghanistan in 1979 was the Soviet Union’s garbage time. It plunged the Soviet Union into a quagmire. The drastic changes in Eastern Europe in 1989 and the collapse of the Soviet Union in 1991 started in 1979. Gorbachev just wanted this garbage time to end early.
Current commentator Yuan Bin wrote an article in The Epoch Times that the CCP, like the Soviet Union that invaded Afghanistan in 1979, has entered garbage time. The starting point was Xi Jinping’s re-election at the 20th National Congress of the Communist Party of China. The CCP has re-tightened the noose around the necks of the Chinese people and reversed the course of history. China’s economy has begun to slow down and stagnate, social conflicts have continued to intensify, dissatisfaction has spread inside and outside the party, and the CCP’s governance crisis has become increasingly serious.
Editor in charge: Fang Xiao#
Recommended reading: