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 April 7, 2009
Full News Archive
- Headline: Revival in Credit Markets Amidst Federal Efforts. Impact: The muted signs in the credit markets led to a cascade of cautiously optimistic investors. This eventually resulted in an explosion of overpriced avocado toast as millennials suddenly thought they could afford homes, thus triggering an entire industry dedicated to overpriced brunch spots.. Fact: Fun fact: The phrase 'credit market' is often mistaken for 'credit card market' by people who just want to buy more shoes they can’t afford..
- Headline: Bloomberg's Campaign and Weiner's Rivalry. Impact: This survey sowed the seeds of distrust in political polls, leading to the era of 'fake news' where even the most absurd conspiracy theories could gain traction. Who knew a simple poll could pave the way for a reality TV star to become president?. Fact: Did you know that negative political ads are often more effective than positive ones? Apparently, people love a good train wreck more than a happy ending..
- Headline: Difficult Decisions on Heart Cables. Impact: The decision to remove those heart cables sparked a revolution in medical device safety. Suddenly, every medical professional became an amateur detective, leading to countless discussions about 'the good old days' when heart surgery was just about fixing hearts, not removing cables.. Fact: You’d think heart surgery would be straightforward, but it’s a bit like trying to untangle Christmas lights after a year in storage. Good luck with that!.
- Headline: ‘No-Risk’ Insurance at F.D.I.C.. Impact: The FDIC's blank check led to a glorious era of financial recklessness, paving the way for the 2008 financial crisis. It’s like giving a kid a credit card with no limits and expecting them to buy only socks.. Fact: The FDIC's seemingly unlimited powers are kind of like giving a cat access to the internet—chaos is guaranteed, and good luck trying to rein it in!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2009, it would be worth $220,288 today (220.3x return)