Everything is Terrible! originated as a video collective founded in 2007, dedicated to uncovering and re-editing the most bizarre, obscure, and unintentionally hilarious footage from the depths of VHS history. The meme adaptation typically uses the project's signature colorful logo or aesthetic to express a sense of ironic despair, mock outrage, or the sheer absurdity of modern life. It gained massive traction across platforms like Tumblr and Reddit as a way to react to bad news or cringeworthy content with a mix of colorful psychedelia and existential dread. Today, it serves as a staple for creators who want to highlight the weirdness of the world while maintaining a sarcastic, retro-inspired edge.