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HEADLINES ON December 11, 2002
Full News Archive
- Headline: New Museums in NYC Amid Economic Challenges. Impact: The opening of more museums during tough economic times inspired a bizarre chain reaction where art became a luxury good, making it possible for hipsters to outbid each other for the privilege of owning a piece of modern art that looks suspiciously like a splatter of paint.. Fact: Fun fact: You could buy a small house for the price of some contemporary art pieces. Who needs shelter when you can own a canvas that's basically a fancy scribble?.
- Headline: World Business Briefing | Asia: Philippines: Water Dispute. Impact: The water dispute in the Philippines became a cautionary tale for future generations about the importance of water as a commodity. It set off a wave of corporate interests in water privatization, leading us to the current age where bottled water costs more than actual gas. Cheers to progress!. Fact: Fun fact: In some places, bottled water is so overpriced that you might as well carry around your own swimming pool..
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)