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 August 26, 2007
Full News Archive
- Headline: U.S. Housing Market Sees Price Drop. Impact: The drop in median home prices led to a ripple effect where people suddenly realized that maybe, just maybe, homes shouldn't cost as much as a small island. This sparked a wave of DIY home improvement shows where everyone learned that 'open concept' just means no walls to hide behind when the neighbors start arguing.. Fact: Did you know that the only thing more inflated than home prices during this time was the ego of the housing industry executives who swore that a decline would never happen? Spoiler alert: they were wrong..
- Headline: Exploring Religious Life in Family Memoir. Impact: Mary Gordon's memoir inspired millions to reevaluate their own family dynamics, leading to families everywhere unearthing their skeletons—both literally and metaphorically. Somewhere, a family reunion turned into a therapy session about that time Uncle Joe brought a goat.. Fact: Did you know that memoirs are basically the adult version of 'show and tell'? Only instead of crayons, you get deep-seated emotional baggage..
- Headline: Rediscovering Galicia's Wine Heritage. Impact: Galicia's rediscovery meant that hipsters everywhere started flocking to its vineyards, leading to a wine shortage in major cities as people suddenly believed they were connoisseurs because they could pronounce 'Ribeiro' without tripping over their tongues.. Fact: Did you know that Galicia is now officially on the 'must-visit' list for every Instagram influencer? Because who doesn't want to sip wine while pretending to understand vintage notes?.
- Headline: A Farmhand With an Arm for Fastballs. Impact: This farmhand’s talent for fastballs led to a chain reaction where all teenagers everywhere began to believe they could become professional athletes, resulting in a surge of parents buying overpriced gear that would only be used for a couple of backyard games.. Fact: Did you know that the phrase 'playing catch' has somehow become the substitute for quality father-son bonding? Because nothing says love like a good old-fashioned game of 'who can throw the ball harder.'.
- Headline: Inside the Countrywide Lending Spree. Impact: Countrywide's lending spree sparked an avalanche of distrust in the financial sector, leading to people hiding their money under mattresses, which ironically made mattress sales go through the roof. Thanks, Countrywide, for the unintended mattress boom!. Fact: Did you know that the only thing worse than being led to a high-cost mortgage is realizing you could have bought a mansion in a parallel universe for the same price? Talk about a cosmic joke!.
Wall Street Time Machine
AMZN
Amazon
Amazon - If you invested $1,000 in 2007, it would be worth $117,189 today (117.2x return)
NFLX
Netflix
Netflix - If you invested $1,000 in 2007, it would be worth $247,275 today (247.3x return)