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 25, 2002
Full News Archive
- Headline: Bush Administration Advocates Dividend Tax Cuts. Impact: If we hadn't cut dividend taxes, maybe the stock market would have collapsed into a black hole of despair. Instead, this little tax cut turned into a financial roller coaster that the world is still riding today—screaming and praying at every dip.. Fact: Did you know that tax cuts are like potato chips? You can never have just one without wanting more, and soon you've got a full-on binge that leaves you with a stomachache!.
- Headline: Afghanistan's Path to Stability Under Karzai. Impact: Ah, the slow march of stability in Afghanistan. This year marked the beginning of a peace process that would eventually lead to a game of geopolitical chess that continues to confuse everyone involved. Who knew that creating stability could be so complicated?. Fact: Did you know that Hamid Karzai was once a U.S. ally? It’s funny how history turns friends into foes faster than you can say 'foreign policy blunder'..
- Headline: Japan's Banking Crisis Insights. Impact: When the OECD and IMF step in, you know things are bad. This advice led to some banks getting bailed out, which in turn led to a series of economic decisions that would echo through the halls of finance—like a bad song stuck on repeat.. Fact: Did you know that giving financial advice is a lot like giving relationship advice? Everyone has an opinion, but few have the right answer, and the outcome is often a disaster..
- Headline: Sports of The Times; Two-Way Street When It Comes To Scholarships. Impact: The debate over scholarships for athletes sparked discussions that would lead to a never-ending cycle of scandals, rules, and the realization that college sports are basically a multi-billion dollar soap opera. Tune in next week for more drama!. Fact: Did you know that college athletes often see their scholarships as a ticket to the big leagues? Spoiler alert: not everyone gets a golden ticket, and many end up with student loans instead..
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)