Breakthroughs and everyday innovations from the year.
HEADLINES ON January 14, 1993
Full News Archive
- Headline: Western Germany Faces Economic Recession in 1992. Impact: The recession in Western Germany led to a series of unfortunate economic decisions that resulted in a global fascination with austerity measures. Fast forward to today, and we have people arguing over whether avocado toast is a valid form of investment.. Fact: Did you know that the phrase 'It's not you, it's me' was actually coined during these economic downturns as a way for banks to break up with borrowers?.
- Headline: Exploring Eighteenth-Century Furniture Designs. Impact: The revelation that American furniture was simpler than European styles sparked a secret society of furniture snobs who now refuse to acknowledge anything made outside of Europe. This has led to an underground network of American carpenters trying to craft the 'most complex' chair ever.. Fact: Fun fact: The simpler American furniture led to the invention of IKEA, where you can now buy a 'complex' chair that you have to assemble yourself with an allen wrench and a degree in engineering..
- Headline: Sears Sells Business Unit to Inacom. Impact: The sale of Sears Business Centers to Inacom marked the beginning of the end for brick-and-mortar stores, propelling humanity toward an era of online shopping where 'add to cart' became a form of cardio.. Fact: Did you know that the term 'Sears Catalog' is now used as a euphemism for any lengthy document that no one wants to read?.
- Headline: CURRENTS; Telling Time By Degrees. Impact: The rise of computers in drafting rooms meant that soon, architects would be designing entire cities with just a mouse click. This eventually led to the creation of virtual cities in video games, where players can build without the hassle of permits or reality.. Fact: Did you know that the first drafting tool used was actually a rock? And now look at us, using computers! Progress, right?.
- Headline: CURRENTS; A Standing Invitation to Writers. Impact: The establishment of the Writers Place in Kansas City began a literary renaissance that would eventually lead to the rise of hipster coffee shops where aspiring authors sip overpriced lattes while typing their 'great American novel' on a vintage typewriter.. Fact: Did you know that the first draft of a novel is often written on napkins? It’s true! Just ask any writer who’s ever tried to get their work published..
- Headline: CURRENTS; Buildings Of Rubber And Ink. Impact: The kit 'Fun With Architecture' revolutionized how children view buildings, leading to a generation of architects who think every structure can be built like a LEGO set. This has resulted in some very questionable skyscraper designs.. Fact: Did you know that the only thing more entertaining than rubber and ink buildings is watching architects try to explain their designs? It's basically modern art meets interpretive dance..
Wall Street Time Machine
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Oracle
Oracle - If you invested $1,000 in 1993, it would be worth $317,737 today (317.7x return)