DECEMBER 29, 2000

Full News Archive

• Headline: Montgomery Ward Closes After 128 Years. Impact: The closure of Montgomery Ward sent shockwaves through the retail industry, leading to a world where shopping malls were filled with empty stores and a growing obsession with online shopping. Little did they know, this would eventually lead to people buying their groceries from a robot in their living room.. Fact: Did you know Montgomery Ward was one of the first retailers to offer a mail-order catalog? Too bad their catalog didn’t include a time machine to avoid this disaster..
• Headline: Lemieux's Stunning Comeback in Hockey. Impact: Lemieux's comeback inspired a generation of athletes who thought they could just waltz back into the game after a hiatus, leading to a flood of 30-somethings trying to relive their glory days at local gyms and failing spectacularly.. Fact: Did you know Lemieux once battled cancer? Clearly, he wasn’t just fighting on the ice, but also against some serious life challenges. Talk about a comeback!.
• Headline: Another 2000 Record: The Most Recalls Yet. Impact: The record number of recalls led to a car-buying paranoia that rippled through society, making everyone question whether their vehicle was a death trap, thus giving rise to a new form of extreme couponing: 'extreme car safety checks.'. Fact: Did you know that 21 million recalls mean that you could have bought 21 million lemons? At least you could make lemonade... if you weren't too busy avoiding your car..
• Headline: TAIWAN TRIMS INTEREST RATE. Impact: Taiwan's interest rate cut sent a clear message to the world: when in doubt, just cut rates and hope for the best! This ripple effect eventually encouraged every government to adopt the same strategy, leading to a global economy of perpetual 'let's just wing it.'. Fact: Did you know that interest rates are like the economy's caffeine? A little cut here and there keeps things zipping along, but too much might just lead to a crash... or a very jittery economy..