Breakthroughs and everyday innovations from the year.
HEADLINES ON January 19, 1969
Full News Archive
- Headline: Indonesia Investor Report Summary 1968. Impact: The report on foreign investment in Indonesia led to a surge in interest from international investors, which ultimately birthed the 'Bali Beachfront Syndrome' where every foreigner suddenly believed they were a real estate mogul. The resulting overpriced bungalows fueled a decade-long real estate bubble that made 'vacation home' a dirty word.. Fact: This report was so thrilling that it inspired a new reality TV show β 'Investor's Paradise: Who Needs a Plan?'.
- Headline: Rituals of Military Diplomacy at the U.N.. Impact: The perfunctory nature of military meetings at the U.N. created a time loop where diplomats began to believe that attending these meetings was the same as actually doing something substantive. This led to the invention of the phrase 'We discussed it in meetings' as an acceptable excuse for inaction.. Fact: Fun fact: The attendees of these meetings often bring snacks, which is the real reason for their attendance..
- Headline: Celebrating C Barnes with Zomosa. Impact: The tribute to C Barnes sparked a wave of tribute tributes, culminating in the eventual establishment of 'Hallmark Days' for every conceivable person, pet, and place. Celebrating mediocrity became the new normal.. Fact: C Barnes was so popular that they considered naming a sandwich after him, but it was deemed too controversial..
- Headline: Rhodesia Curbs U.S. Funds. Impact: Rhodesia's decision to withhold funds from the U.S. resulted in an international game of financial chicken that eventually led to the creation of the phrase 'sanctioned fun' β a term that ironically described the parties thrown by those affected by the sanctions.. Fact: The term 'retaliation' in diplomatic circles means 'let's see who can hold their breath the longest until they turn blue.'.
- Headline: Bolivians Tell of 'Riot,' Declare State of Siege. Impact: The declaration of a state of siege in Bolivia not only solidified Barrientos' power but also inspired a trend in dramatic government responses to dissent. This eventually led to a summer blockbuster called 'Siege: The Movie' β which, surprisingly, bombed at the box office.. Fact: State of sieges are often followed by a national holiday called 'Letβs Pretend Everything is Fine Day.'.
- Headline: U.S. Office in Turkey Blasted. Impact: The bombing of the U.S. office in Turkey triggered a decades-long debate over diplomatic security that eventually led to the construction of buildings designed like fortresses, making them look more like medieval castles than modern offices.. Fact: You can thank this bombing for the invention of the 'office moat' β itβs just a fancy way to say 'weβre really, really serious about security.'.
- Headline: Home Durables Sell Well. Impact: The booming sales in home durables led to an explosion of DIY shows and 'home improvement' disasters, resulting in a new generation of homeowners who believe they can achieve their dreams with just a YouTube tutorial and a credit card.. Fact: The term 'home durable' was nearly replaced by 'home disaster' after a particularly disastrous season of DIY TV shows..
- Headline: A Two-Week Walk Around the Isle of Dominica. Impact: The two-week walk around Dominica became the blueprint for countless travel blogs, leading to a global obsession with 'off the beaten path' destinations that ironically paved over those very paths. Now, everyone wants to be a 'traveler' instead of a 'tourist.'. Fact: The only thing you won't find in Dominica is a tourist β theyβve all been turned into travel influencers..
- Headline: S.E.C. Putting a Yardstick To Big Institutions' Power; S.E.C. Set To Weigh Fund Power. Impact: The SEC's study of institutional investors resulted in an avalanche of regulations that made financial markets so complex that even seasoned investors began speaking in cryptic sentences that only other investors could decipher. Welcome to the future of finance, where no one knows what's happening.. Fact: The term 'yardstick' became synonymous with frustration, as investors began measuring their sanity in inches..
- Headline: AUSTRALIA HONORS ABORIGINAL BOXER; Bantamweight Champion, 20, Is Her Man of the Year. Impact: Australia's honoring of the Aboriginal boxer as 'Man of the Year' sparked a wave of recognition for Indigenous athletes, leading to a worldwide trend of giving awards to people who actually deserve them. It even inspired a reality show called 'Real Heroes of Sports'.. Fact: L Rose's acceptance speech was so inspiring it accidentally caused a small change in the country's moral compass..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1969, it would be worth $972,040 today (972.0x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1969, it would be worth $527,083 today (527.1x return)
MCD
McDonald's
McDonald's - If you invested $1,000 in 1969, it would be worth $1,470,783 today (1470.8x return)