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HEADLINES ON December 2, 1983
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- Headline: Intellectuals' Support for Socialist Governments Wanes. Impact: The cooling ardor of intellectuals for socialism led to a series of increasingly awkward dinner parties in Paris, where everyone was trying to one-up each other with their disillusionment. This eventually inspired the hipster movement, where people pretended to be disenchanted with everything while sipping on overpriced lattes.. Fact: Did you know that the 'intellectuals' in question were often just artists trying to avoid real jobs? It's like the world's first 'artsy influencer' movement, but with less Instagram and more berets..
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)