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HEADLINES ON December 28, 2001
Full News Archive
- Headline: Taiwan's Telecom Venture Withdrawn. Impact: KG Telecommunications pulling out of the 3G race inadvertently set the stage for the rise of smartphones, leading to the eventual creation of addictive mobile apps. Who knew a lack of confidence could spark a tech revolution? Thanks, KG!. Fact: Did you know that if KG had gone ahead with their plan, we might all be using flip phones with snake games instead of getting distracted by TikTok? Thank goodness for their foresight!.
- Headline: Mets' Rotation Concerns Under Scrutiny. Impact: The Mets' questionable pitching rotation turned out to be a blessing in disguise, as it ultimately led to the rise of countless memes and fan rants that would entertain baseball fans for decades. Truly, we owe this team our laughter.. Fact: Did you know that the Mets' pitching staff has been so shaky that even their high school gym teachers would throw their hands up in despair? It's a miracle they still have fans!.
- Headline: The Yen's Relentless Downhill Slide. Impact: Japan's relentless currency devaluation not only impacted global markets but also led to the creation of numerous conspiracy theories about secret currency wars, which would later inspire a generation of economic students to write very long papers filled with wild speculation.. Fact: Did you know that the Yen's downhill slide was so dramatic that it could have easily been a plot twist in a soap opera? Tune in for the next episode of 'As the Currency Turns'!.
Wall Street Time Machine
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Apple
Apple - If you invested $1,000 in 2001, it would be worth $1,220,264 today (1220.3x return)