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 June 24, 1948
Full News Archive
- Headline: New Ports Added to American President Lines. Impact: The addition of Guam and Iloilo to American shipping routes led to an unexpected increase in pineapple exports, which resulted in a pineapple-themed revolution in a parallel universe. Who knew fruit could fuel revolutions?. Fact: Guam is home to the world's largest latte stone, which is a fancy way of saying they really love their coffee breaks..
- Headline: Increased Enlistments Amid Draft Concerns. Impact: The influx of youths dodging the draft led to the creation of an underground coffee shop scene where they plotted to overthrow the government with lattes and artisanal sandwiches. Spoiler: it didn't work.. Fact: In the 1960s, avoiding the draft was considered an extreme sportβjust not one anyone wanted to be on the cover of Sports Illustrated for..
- Headline: Shifting Roles of U.S. Jews in 1948. Impact: Rabbi Bernstein's remarks on American Jewry's reorientation spurred an accidental global renaissance in charitable donations, which subsequently led to the rise of every influencer ever claiming to be 'philanthropists'.. Fact: Before the rise of Israel, the biggest Jewish community in the U.S. was in New York, which is also where the bagel was perfected. Coincidence? I think not..
- Headline: PERON GETS U.S. VIEW ON SPENDING FOR ERP. Impact: Peron's inquiry about U.S. spending for ERP resulted in a series of coffee-fueled meetings that would ultimately inspire the rise of the coffee break as a legitimate workplace activity. Productivity? Who needs it!. Fact: ERP stands for European Recovery Program, but it may as well stand for 'Endless Repeated Proposals' given how often these meetings repeated themselves..
- Headline: U.N. Has Problem: African's 110 Wives. Impact: The U.N. intervention regarding a tribal chief's 110 wives inadvertently set off a global conversation about marriage, resulting in a new trend of polyamory that left traditionalists clutching their pearls.. Fact: The record for the most wives in history is held by a Sultan who had over 4,000. Talk about commitment issues..
- Headline: U. S. Ship Burns at Bombay. Impact: The burning of the Steel Flyer freighter led to a sudden rise in insurance fraud, as people began to 'accidentally' set fire to their own ships in a desperate bid for cash.. Fact: Freighters are like the big, clumsy cousins of yachtsβalways getting into trouble and rarely invited to the fun parties..
- Headline: 3 CATHOLICS IMPRISONED; Hungarian 'People's Court' Finds 'Incitement Against Democracy'. Impact: The imprisonment of three Catholics in Hungary sparked a global debate on democracy, leading to the creation of the first 'Democracy Olympics,' where countries competed in who could best uphold their citizens' rights.. Fact: Hungary has a long history of wrestling with democracy, but thankfully, they have a better track record than my last relationship..
- Headline: RUSSIANS HIT TRADE LAG; Complain That British Are Not Meeting Exports Under Pact. Impact: The complaints from Russians about British trade lag led to the establishment of a secret society of traders who communicated only in puns, resulting in the world's worst jokes becoming a diplomatic tool.. Fact: Trade agreements are a lot like bad relationships: they require constant negotiation and can fall apart over the smallest misunderstandings..
- Headline: BRITISH SOLDIERS USED TO MOVE FOOD; Troops Take Over Striking Dock Workers' Duties After Most Ignore Deadline. Impact: The use of soldiers to move food during the dock workers' strike led to the creation of a new military branch dedicated to food logistics, eventually culminating in the first Food Wars of 2050.. Fact: Troops moving food is a lot like your friend bringing snacks to a party; they don't just bring the goods, they also bring the drama..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1948, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1948, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1948, it would be worth $147,887 today (147.9x return)