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 December 1, 1998
Full News Archive
- Headline: US Dollar Dips Against German Mark. Impact: The dollar's slip against the mark led to a clandestine meeting of currency traders who, while lamenting their losses, accidentally invented the concept of 'Forex parties.' Fast forward a few decades, and we have people drinking cocktails named after obscure Asian currencies. Thank you, financial crisis!. Fact: If you think currency trading is boring, just wait until you hear about the thrilling world of tax law! Spoiler: it’s not thrilling..
- Headline: Dining Through Time: New York's Culinary Journey. Impact: This exhibit on dining habits somehow led to the rise of 'food influencers' on social media, who now insist that avocado toast is a personality trait. Thanks, early 1900s New York, for setting the stage for our modern brunch culture—complete with overpriced coffee and dubious health claims.. Fact: In the early 1900s, dining was a public affair. Today, it’s an Instagram opportunity. Progress?.
- Headline: Roger Berlind: Balancing Love and Business. Impact: Berlind's struggles with financing plays led to the rise of crowdfunding, where every aspiring playwright now believes their dad’s basement production deserves a million-dollar budget. And yes, that means your friend's one-man show about a potato is getting funded.. Fact: Theater producers are like unicorns—magical, often mythical, and mostly just exist to make you spend your money on overpriced tickets..
- Headline: THE MASKING OF A MILITANT: A special report.; A Soldier's Shadowy Trail In U.S. and in the Mideast. Impact: Ali A Mohamed's story became a cautionary tale for governments everywhere, resulting in a global increase in military paperwork. Now, every soldier has a shadowy trail as long as their resume, just in case they need to fill out a ‘Where were you on this date?’ form.. Fact: The only thing scarier than a shadowy soldier is the paperwork involved in tracking them down!.
- Headline: Court Allows Limited Rally At City Hall. Impact: The court's decision set a precedent for future protests, leading to the creation of 'protest zones.' Now, you can express your feelings as long as you stay within the yellow tape! It's like being told to express yourself but from a safe distance.. Fact: City Hall's 11 steps are now considered prime real estate for protestors. Who knew standing on steps could be so exclusive?.
- Headline: Justices Express Misgivings Over Reviewing Census Plan. Impact: The Supreme Court's reluctance to address the census plan led to decades of political maneuvering, with future politicians using census data like it was a magic 8-ball to decide everything from district lines to snack preferences at their fundraising events.. Fact: Census data is so accurate that it can even predict how many people will show up to your next awkward family reunion!.
- Headline: Sports of The Times; In Officiating, To Err Is Part of Game. Impact: The botched coin toss ignited a national debate on officiating standards, leading to the eventual establishment of the infamous 'Challenge Flag'—essentially giving teams a second chance to ruin our Sundays.. Fact: In sports, the only thing more controversial than a bad call is the pizza you order during the game. It's always a gamble!.
- Headline: Air of Crisis in Zimbabwe Grows After Threat to Seize 841 Farms. Impact: The threat to seize farms in Zimbabwe became a catalyst for global discussions about land ownership and led to a surge of social media hashtags like #FarmToTable, where everyone pretended they cared about farming while sipping their lattes.. Fact: Land ownership: because nothing says 'I care about the environment' like buying a plot of land and posting about it online!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)