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 January 13, 1984
Full News Archive
- Headline: FDIC Proposes Insurance Limits for Money Brokers. Impact: This seemingly minor tweak in insurance regulations led to a panic among money brokers, causing them to invent increasingly absurd investment strategies. Fast forward a few decades, and we have cryptocurrency: a digital form of money that doesn't actually exist but is believed to have value. Thanks, FDIC!. Fact: Did you know that money brokers once tried to sell insurance on imaginary deposits? Yeah, they didn't make any money from that. Go figure!.
- Headline: Film: 'Angel' Explores Troubled Youth. Impact: In a twist of fate, this film about a student turned prostitute sparked the creation of numerous 'edgy' films that tried to tackle social issues. Ironically, it led to the rise of film festivals focused on showcasing how not to handle sensitive topics—because if there's one thing Hollywood loves, it's missing the point.. Fact: Fun fact: 'Angel' was so controversial that it inadvertently inspired a generation of filmmakers to think that shock value was a substitute for substance. Spoiler alert: it wasn't..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1984, it would be worth $490,961 today (491.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1984, it would be worth $222,603 today (222.6x return)
MCD
McDonald's
McDonald's - If you invested $1,000 in 1984, it would be worth $271,190 today (271.2x return)