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 August 3, 1990
Full News Archive
- Headline: Social Comedy: Debutantes and Their Escorts. Impact: This socialite drama kicked off a never-ending cycle of reality TV where rich people do rich people things, leading to the rise of influencers who think brunch is a sport.. Fact: Did you know that socialites are basically the Kardashians of yesteryear? Just with less Instagram and more tea parties..
- Headline: Spike Lee's Jazz Film Exploration. Impact: Spike Lee's depiction of the middle-class jazz musician somehow inspired generations of artists to believe that they could also be broke, but with style. Thanks, Spike!. Fact: Funny enough, jazz musicians often can't afford their own instruments, but they make a fortune in emotional depth..
- Headline: State Aid Revolutionizes Home Buying in NJ. Impact: This little mortgage aid program not only helped Hilda and Wilfredo buy a home but also opened floodgates for others, creating a real estate bubble that would have people crying in 2008. Thanks, New Jersey! You're the gift that keeps on giving.. Fact: Fun fact: The average person spends more time picking out a home than they do picking out a life partner. Who knew real estate was more romantic than dating?.
- Headline: Law; Working Part Time Without Paying the Penalty. Impact: Encouraging part-time work in law firms turned out to be a Pandora's box of lawyers who only work 20 hours a week but still charge full price. The legal profession? Now a part-time gig with full-time headaches.. Fact: Fun fact: The 'mommy track' is a real thing, but it turns out that part-time lawyers can still charge by the hour while enjoying their latte. Talk about living the dream!.
- Headline: Invading Iraqis Seize Kuwait and Its Oil; U.S. Condemns Attack, Urges United Action. Impact: Iraq's invasion of Kuwait set off a chain reaction of geopolitical turmoil that redefined Middle Eastern politics, caused wars, and somehow led to the rise of reality TV stars with questionable political opinions. Thanks for nothing, oil.. Fact: Did you know that Kuwait's oil reserves are so vast that they could probably fund a small country's worth of brunches for a year? Priorities, right?.
- Headline: Invading Iraqis Seize Kuwait and Its Oil; U.S. Condemns Attack, Urges United Action. Impact: This repeated headline illustrates how history often fails to learn from itself, like watching a sequel of a bad movie, where the same mistakes are made over and over again. Spoiler alert: It never ends well.. Fact: Speaking of déjà vu, did you know that history tends to repeat itself every couple of decades? Kind of like that one friend who keeps turning up at parties, even though nobody invited them..
Wall Street Time Machine
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1990, it would be worth $1,285,532 today (1285.5x return)
AAPL
Apple
Apple - If you invested $1,000 in 1990, it would be worth $1,043,076 today (1043.1x return)