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HEADLINES ON July 1, 2016
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- Headline: Puerto Rico Debt Relief Law Controversy. Impact: The debt relief law in Puerto Rico inspired a wave of resentment that made every subsequent politician think twice before proposing anything remotely helpful for the island. This led to the invention of a new political strategy: 'Just ignore it and hope it goes away.'. Fact: Puerto Rico has been in a state of financial distress since the early 2000s, yet somehow, Congress still has time to argue about ice cream flavors..
- Headline: Boris Johnson and Brexit's Bitter Fallout. Impact: Boris Johnson's downfall set off a series of events leading to more questionable haircuts in politics, inadvertently inspiring a new generation of leaders to embrace a 'whatever it takes' attitude towards hair gel and public trust.. Fact: Boris Johnson once compared himself to a 'greased pig'—the irony is not lost on anyone who has seen him try to escape a scandal..
- Headline: Lynch Supports FBI in Clinton Probe. Impact: Lynch's acceptance of the F.B.I. recommendations inadvertently set off a chain reaction where future attorneys general would look back wistfully at a time when they could just follow the rules without fear of Twitter backlash.. Fact: Loretta Lynch was the first African American woman to serve as Attorney General, proving that making history is sometimes less about the law and more about dodging political landmines..
- Headline: How to Furnish Your Terrace or Backyard. Impact: The terrace furnishing trends in New York sparked a nationwide obsession with outdoor living spaces, leading to a future where people spend more on patio furniture than on their own education.. Fact: In New York, outdoor space is so rare that a single potted plant can sell for more than a used car. Nature is definitely cashing in on the urban struggle..
- Headline: Austria’s Far Right Presents the E.U. With a New Test at the Polls. Impact: Austria's far-right success at the polls inspired a new trend of populism across Europe, leading to a future where politicians are basically auditioning for reality TV rather than actually governing.. Fact: The term 'far-right' has become so common in politics that it’s practically a job title at this point. Next up: 'far-left,' 'moderately confused,' and 'absolutely lost.'.
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NVIDIA - If you invested $1,000 in 2016, it would be worth $220,545 today (220.5x return)