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HEADLINES ON May 31, 1933
Full News Archive
- Headline: Teen Injured in Subway Escalator Accident. Impact: After this unfortunate escalator incident, engineers around the world realized that they should probably make escalators a bit safer. This led to stricter safety regulations, which then inspired a whole generation of children to be more cautious. Who knew one boy's foot would lead to safer escalators everywhere?. Fact: Did you know that escalators were originally called 'moving staircases'? I guess they decided 'escalator' sounded cooler, like a superhero for lazy people..
- Headline: Chicago Estates Boosted by Stock Market Rise. Impact: The stock rise not only saved estates but also launched a new trend in financial optimism, leading to the birth of countless 'get rich quick' schemes. This eventually resulted in the infamous dot-com bubble, proving that money really does make people do silly things.. Fact: Isn't it amazing how a little stock rise can turn financial despair into a champagne-popping celebration? Meanwhile, the people who actually lost everything would just be looking for the nearest exit..
- Headline: Climbing Everest: Historic 1933 Summit Attempt. Impact: The summit attempt sparked a new trend in extreme sports. Little did they know, their pursuit of Everest would inspire countless Instagram influencers to 'conquer' the highest peaks, albeit with a selfie stick in hand.. Fact: Did you know that climbing Everest is now considered a rite of passage for millennials? Because if you don't post a picture from the top, did you even climb it?.
- Headline: Continuous Zeppelin Service Speeded by Brazilian Loan. Impact: The Brazilian loan for Zeppelin service inadvertently helped establish air travel as a legitimate way to move goods. Fast forward a few decades, and we have people complaining about their luggage being lost on commercial flights instead of on zeppelins.. Fact: Fun fact: Zeppelins were once the height of luxury travel. Today, we have to settle for cramped airplane seats that barely fit a human being..
- Headline: Brooklyn College.. Impact: The mention of Brooklyn College reminds us that education is always evolving. This event sparked a movement for more accessible education, which eventually led to online classesβthank you, internet, for making procrastination even easier!. Fact: Fun fact: Brooklyn College had a reputation for being one of the most progressive schools. It also had a reputation for being the place where you could find the best bagels in town. Priorities, right?.
- Headline: ABLE TO REPUDIATE.. Impact: A majority report on the ability to repudiate led to a series of political maneuvers that resulted in a greater emphasis on transparency in governance. Or at least, that's what they tell us while they continue to hide things under the proverbial rug.. Fact: Did you know that 'repudiate' is a fancy word for 'I don't like this, so I'm ignoring it'? It's like the adult version of saying 'I can't hear you!'.
- Headline: JewettuJonea.. Impact: The engagement announcement set off a chain reaction of wedding planning that ultimately resulted in a boom in the wedding industry. Couples everywhere began to believe that spending a fortune on one day was a great idea. Spoiler: itβs not.. Fact: Did you know that the average couple spends about $30,000 on their wedding? For that price, you could buy a small island! But hey, who needs a tropical getaway when you can have a white dress and a cake?.
- Headline: Reciprocity Agreements.. Impact: The discussion on reciprocity agreements led to a global trend in trade partnerships that would eventually result in the tangled web of international relations we see today. So, thanks for complicating everything, world leaders!. Fact: Fun fact: Reciprocity agreements are basically like saying, 'I scratch your back, you scratch mine.' But in global terms, it usually means, 'I take your stuff, and you take mine.'.
- Headline: Withdrawal Terms Given.. Impact: The terms of Japanese withdrawal were carefully crafted, setting a precedent for future negotiations. Little did they know, this would lead to a whole playbook for how to exit relationshipsβboth personal and political.. Fact: Did you know that the Great Wall of China was originally built to keep out invaders? Now it just keeps out tourists who don't want to climb all those steps!.
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1933, it would be worth $487,500 today (487.5x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1933, it would be worth $147,887 today (147.9x return)