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HEADLINES ON April 18, 2002
Full News Archive
- Headline: Powell's Diplomatic Mission Ends Without Peace. Impact: Colin Powell's inability to secure a cease-fire led to a chain reaction of diplomatic faux pas, resulting in a future where world leaders are more likely to text emojis than negotiate peace treaties. The phrase 'let's circle back' became the official motto of international diplomacy.. Fact: Did you know that the phrase 'no truce' was so popular after this trip that it became the catchphrase for the next five reality TV shows about conflict resolution? Spoiler: none of them ended well..
- Headline: Greenspan on Interest Rates: A Cautious Approach. Impact: Greenspan's leisurely approach to interest rates sent shockwaves through Wall Street, resulting in a decade where investors became expert procrastinators. The stock market's favorite pastime? Waiting for the perfect moment to do absolutely nothing.. Fact: Fun fact: If procrastination had a mascot, it would probably be Alan Greenspan casually sipping coffee while the economy fidgeted nervously in the corner..
- Headline: Singapore Exports Experience Significant Decline. Impact: The decline in Singapore's exports sparked a global trend of businesses attempting to sell ice to penguins. As it turns out, the demand for exotic ice flavors was not as high as they hoped, leading to an economic downturn that philosophers still debate over coffee.. Fact: Did you know that after this export decline, Singaporean entrepreneurs started a reality show called 'Survivor: Export Edition', where they had to survive on only what they could sell? The winner got a lifetime supply of bubble tea..
- Headline: Secret Hideouts for the Rich and Scared; In Homes and Apartments, Safe Rooms Can Withstand Small Rockets. Impact: The rise of safe rooms for the wealthy led to an unexpected increase in interior design competitions for the best 'end-of-the-world' aesthetics. Future generations will marvel at how people prioritized their bunker decor over actual survival skills.. Fact: Did you know that in the 21st century, the most popular home renovation project became the 'panic room'? It was basically a glorified closet where rich people could hide from their own poor decisions..
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)