Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON August 11, 1940
Full News Archive
- Headline: Senators Challenge Tax Bill Over Defense Spending. Impact: This little tantrum led to an unexpected boom in tax advisor careers, as lawyers rushed to explain the concept of 'amortization' to bewildered senators. Who knew a bunch of politicians could be so bad with numbers?. Fact: Tax bills have been around longer than most of our relationships. Just remember, every time you complain about taxes, a senator somewhere is crying into their paperwork..
- Headline: Latvia Supports Brazil's Freighter Detention. Impact: This incident triggered an international shipping soap opera that resulted in the invention of 'freighter therapy'βbecause who doesn't need therapy after being detained at sea?. Fact: Freighters are basically the introverts of the sea: they just want to float around quietly, but occasionally they get pulled into dramatic detentions..
- Headline: 1940 American Derby Highlights. Impact: Mioland's victory set off a chain reaction of horse racing fandom that eventually led to the creation of elaborate betting apps. Who knew a horse could change your financial future?. Fact: Horses have been racing for centuries, but let's be real: most of us just watch for the hats..
- Headline: ONE MAN'S APPROACH TO MUSIC. Impact: This man's questionable music journey inspired countless others to pick up instruments, resulting in more garage bands than ever. Itβs a miracle that the world survived the '90s grunge era.. Fact: One man's music can be another man's noise complaint. It's all about perspective!.
- Headline: USUAL NAZI TACTICS TRIED ON ECUADOR; Fifth Column Activities and Propaganda Directed by German Legation ARMY A CHIEFS OBJECTIVE Government Called Too Poor to Investigate--Looks to U.S. for Greater Trade. Impact: The Nazi tactics here ultimately fueled an undercurrent of resistance in Ecuador, leading to a sense of solidarity among nations. It was the beginning of a beautiful friendship, minus the Nazis.. Fact: Propaganda during wartime was basically the precursor to social media. Just think of it as the original βfake newsββbut with worse graphic design..
- Headline: Today and Yesterday in Nova Scotia. Impact: This headline sparked a sudden interest in all things Nova Scotia, leading to an influx of tourists. It turns out, the real treasure was the lobster rolls all along.. Fact: Nova Scotia is known for its beautiful coastlines and delicious seafood, but itβs also home to some of the most confusing place names. Good luck pronouncing 'Cheticamp'!.
- Headline: LOANS SHOW GAIN FOR HOME BUILDING; Savings Bodies Advance More Funds This Year Than in 1939. Impact: This surge in home loans led to an unprecedented rise in DIY home improvement shows, eventually resulting in every neighbor becoming an amateur contractor. Thanks a lot, savings bodies!. Fact: Home loans have been around longer than most of your credit card debts. And they tend to come with fewer late-night infomercials, surprisingly..
- Headline: MORE RESERVISTS LEAVE THE WYOMING; 300 Disembark, Enthusiastic After Month's Voyage. Impact: The excitement from this event caused a surge in recruitment drives, inspiring a generation of overly enthusiastic reservists. Many are still wondering if they should have packed sunscreen.. Fact: Disembarking from a ship might be exciting, but it often leads to long lines at customs. Welcome back to reality!.
- Headline: ARGENTINA CURBS NAZI OPERATORS; Gestapo Agent to Be Deported and 25 Other Leaders Are Placed Under Arrest ARMS CACHE IS DISCLOSED Former Warrant Officers on Graf Spee Are Brought Back After Escape Efforts. Impact: This bold move against Nazi operators in Argentina sent shockwaves through the international community, ultimately contributing to a more unified front against fascism. Who knew a few arrests could change the course of history?. Fact: Argentina had quite the covert Nazi scene post-WWII, making it the perfect setting for every conspiracy theorist's wildest dreams..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1940, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1940, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1940, it would be worth $147,887 today (147.9x return)