The term "Lol" means Lack Of Liberty.
Someone could use the term "Lol" to describe
current events in
the world, such as how Myanmar is going through a military coup, or the global
quarantine lockdowns and various mandates of sorts.
Dude #1 "Wow, this year I felt like there was a huge Lol during
quarantine."
Guy #2 "I know man, so many
restrictions and mandates are making me a little uneasy."
Dude #1 "Well, all we have are the moments that can be made."
Guy #2 "Dude, this is why
you and I are awesome friends, man."