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 April 16, 1983
Full News Archive
- Headline: El Paso Arms Smuggling Bust. Impact: The defeat of arms smugglers in El Paso created a butterfly effect, leading to a sudden surge in the popularity of DIY home defense projects. Fast forward a few decades, and you’ll find the rise of overly ambitious suburbanites building underground bunkers, convinced they need to fend off the 'next big thing.'. Fact: Did you know that arms smuggling is one of the few professions where you can literally never have too many shady connections? It's like networking but with a lot more danger and a lot less LinkedIn..
- Headline: Crystal: A Search for Rarity. Impact: The struggle of replacing crystal stemware led to the rise of 'vintage' thrift shops, which subsequently fueled a bizarre trend of hipsters drinking craft cocktails from chipped goblets, convinced they were 'keeping it real.'. Fact: Did you know that some people will pay top dollar for a single crystal glass? It’s like a trophy for adulting, except it comes with a side of fragile panic..
- Headline: MONEY GROWTH RATE EASES. Impact: The easing of money growth rates sent shockwaves through the economy, resulting in a future where every coffee shop barista suddenly fancied themselves an economist. Now, everyone has a strong opinion about interest rates and the dangers of inflation over a soy latte.. Fact: Did you know that the phrase 'money doesn't grow on trees' was actually coined by an annoyed parent? It turns out that trees are not great with budgeting..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1983, it would be worth $784,047 today (784.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1983, it would be worth $188,194 today (188.2x return)