Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON October 30, 1971
Full News Archive
- Headline: Building Bridges: Students and Businesses Unite. Impact: The creation of networks between students and business execs led to the 'Networking Nonsense' phenomenon, where every coffee shop in America became a hub for awkward small talk and overpriced lattes, all in the name of 'collaboration.'. Fact: Did you know that many of these future business leaders still use the same awkward icebreakers? 'So, what do you do?' never gets old, apparently..
- Headline: Finnish Government Resigns Over Price Dispute. Impact: The Finnish cabinet's resignation triggered a chain reaction of political instability that inevitably led to a nationwide obsession with sauna design, as politicians sought refuge from their mistakes in the warm embrace of steam.. Fact: Finland has more saunas than cars. In case of political collapse, at least the citizens can relax in style..
- Headline: U.N. Defeat for Nationalist China. Impact: The U.N. defeat for Nationalist China sparked a global trend of diplomatic gamesmanship, leading to countless hours of politicians pretending to care about international relations while secretly binging on reality TV.. Fact: Funny enough, the U.S. influence abroad took a nosedive, but the popularity of American sitcoms skyrocketed. Who knew laughter was the best form of diplomacy?.
- Headline: Shock Expressed in U.N. On Defeat of Aid Measure. Impact: The shock over the foreign aid bill's rejection created a rift in international relations so wide that it could fit all the missed opportunities for cooperation, which is exactly what happened during awkward global summits for decades to come.. Fact: Senators often express shock at votes, but they rarely express shock at their own bank accounts. Funny how that works..
- Headline: The City's Backward Priorities. Impact: Adler's article led to a citywide panic about industry leaving NYC, resulting in a bizarre trend where people began hoarding local businesses like they were the last Twinkies on Earth.. Fact: New Yorkers' indifference to economic deterioration is only rivaled by their indifference to the chill of winter. Survival tactics, I suppose..
- Headline: Roche of G.M. Finds U.S. Hurt by Productivity Lag. Impact: Roche's claims about productivity lag led to a nationwide obsession with productivity hacks, resulting in the birth of countless self-help books and seminars promising to unlock your 'inner efficiency guru.'. Fact: The irony? Many of these productivity gurus are still searching for their own productivity while writing about it..
- Headline: Penn Central Co. Lists Loss for '70. Impact: The massive loss reported by Penn Central Co. set off alarms in the corporate world, leading to a panic that turned boardrooms into therapy sessions, with executives asking, 'How did we get here?' while sipping kale smoothies.. Fact: The '70s were a wild time for corporations, much like now, but with worse fashion choices and even worse ideas about how to fix their failures..
Wall Street Time Machine
INTC
Intel
Intel - If you invested $1,000 in 1971, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1971, it would be worth $590,335 today (590.3x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1971, it would be worth $373,578 today (373.6x return)