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 January 9, 1955
Full News Archive
- Headline: Surge in Business Failures Reported in 1954. Impact: The rise in business failures led to an influx of aspiring entrepreneurs who, in a desperate attempt to succeed, accidentally invented gluten-free kale chips. The world has never been the same since.. Fact: Dun & Bradstreet must have had a party with all those numbers. Too bad it was just a pity party for failed businesses!.
- Headline: Bonn Government Spending Surge. Impact: The dramatic rise in Bonn's expenditures triggered a chain reaction where governments around the world thought 'Hey, if they can spend that much, why not us?' This eventually led to the invention of modern-day budget deficits.. Fact: If only governments could absorb calories as easily as they absorb national products, weβd all be in shape!.
- Headline: Soviets Release Two Americans. Impact: The release of those two Americans ignited a wave of letters that eventually inspired a future bestseller on penmanship, proving that even in labor camps, good handwriting can lead to freedom.. Fact: Mail from labor camps must have been like an extreme sportβonly the brave and hopeful dared to send it!.
- Headline: Alone, Alone, All, All Alone'; RAFT OF DESPAIR. By Ensio Tiira. 200 pp. New York: E. P. Dutton & Co. $3.. Impact: Ensio Tiira's 'Raft of Despair' inadvertently became the unofficial guidebook for future generations on how to survive existential crisesβwho knew despair could be so popular?. Fact: For just $3, you could dive into despair without the need for a life jacket. Talk about a bargain!.
- Headline: BRITISH WANT IRAQ TO JOIN WITH WEST IN A MIDEAST PACT; Aim to Retain Military Bases There in Trying to Widen 1930 Bilateral Alliance. Impact: Britain's desire for Iraq to join the West set off a domino effect of alliances that would eventually lead to countless geopolitical messes. Who knew a military base could spark so much drama?. Fact: Nothing says 'friendship' like military basesβbecause nothing says 'I love you' like a strategic airstrip!.
- Headline: Criminals at Large. Impact: The mysterious criminals at large inspired a new genre of detective novels, proving once again that there's no such thing as bad publicityβespecially when it involves crime.. Fact: If there were a reality show for criminals, these guys would probably be the stars. Who knew crime could be so entertaining?.
- Headline: ITALIAN RED DRIVE FOR RECRUITS LAGS; Central Committee Concedes Loss of Membership Among the Young Communists. Impact: The Italian Red Drive's decline prompted the rise of alternative political parties, leading to an abundance of memes making fun of communism. The internet has never looked back.. Fact: They say you canβt teach an old dog new tricks, but apparently, you can convince them to join a new political partyβif only they could vote!.
- Headline: KOREA COOL TO TOYO BID; Discounts Improved Relations Through Trade Mission. Impact: Korea's cool response to Japan's trade mission set the stage for a decades-long rivalry, proving that sometimes, avoiding a handshake is the best way to avoid a world war.. Fact: In the future, theyβd invent the awkward glance to replace the handshake, because who needs diplomacy when you have eye contact?.
- Headline: Ontario to Act on Seaway Park. Impact: Ontarioβs decision to act on a Seaway Park led to a boom in eco-tourism, which accidentally created a new generation of park rangers who take their jobs way too seriously.. Fact: Seaway Parks: where nature meets bureaucracy in a dance of red tape and wildflowers!.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1955, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1955, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1955, it would be worth $3,433,941 today (3433.9x return)