Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON January 10, 1932
Full News Archive
- Headline: Debt Repudiation Debate of 1932. Impact: If everyone had just forgiven their debts like Shaw suggested, the world might have collectively decided to open a bakery instead of fighting over money. Imagine a world where cupcakes ruled and wars were fought over the best frosting recipes!. Fact: This idea of forgiving debts is still hotly debated today, especially when your friend borrows money for pizza and never pays you back. Itβs all fun and games until someone orders pineapple..
- Headline: Art in Paris: Hans Ganz Exhibition. Impact: The art scene in Paris inspired countless future artists to abandon their day jobs, leading to a global crisis of baristas who secretly believed they were the reincarnation of Van Gogh. Thank you, Hans Ganz.. Fact: If you think modern art is confusing, just remember that back in the day, people were also getting confused about paintings that looked like they were done by a toddler on a sugar rush..
- Headline: SHORT INTEREST CUT HARD LAST MONTH; Stock Exchange Reports Drop of 903,570 Shares to Total of 2,842,072 on Dec. 31. LOWEST LEVEL SINCE NOV. 4 Most of Reduction Made in the Second Ten Days, With Little Change Thereafter.. Impact: The drastic cut in short interest means that investors were playing a dangerous game of musical chairs, and when the music stopped, they were left standing awkwardly, trying to explain to their cats why theyβre suddenly broke.. Fact: 903,570 shares is a lot of shares. Thatβs like trying to count how many times your uncle has told the same joke at family gatherings β you just lose track after a while..
- Headline: Year's Dry Arrests in State Double 1930 Total; McCampbell Seized 4 Times as Much Liquor. Impact: The doubling of dry arrests meant that the black market for liquor flourished, eventually leading to the invention of the cocktail. Thank you, McCampbell, for making happy hour a thing!. Fact: Prohibition was basically the governmentβs way of saying, 'We donβt trust you with alcohol,' which ironically led to everyone becoming a criminal and creating the best speakeasies..
- Headline: Italy Agrees to Debt Parley Delay.. Impact: Italy's postponement of the debt parley delayed countless future meetings, resulting in a bizarre chain reaction where diplomats began to think that pizza was an acceptable form of currency.. Fact: Negotiating debt is like trying to convince your cat to stop knocking things off the table: itβs going to take a lot of time, patience, and possibly some treats..
- Headline: LESS LIMITATION OF VALUES IN HIGH-PRICED MOTOR CARS. Impact: The lack of limitation on high-priced motor cars led to a massive increase in traffic jams, ultimately inspiring the invention of the 'screaming into the void' genre of music.. Fact: Luxury cars are a great way to show off your wealth, but remember: theyβre also excellent at reminding everyone how late you are to every single appointment..
- Headline: Sir William Temple; THE EARLY ESSAYS AND ROMANCE OF SIR WILLIAM TEMPLE, BT. Edited from orginal MSS., by G. C. Moore Smith. 215 pp. Oxford: At the Clarendon Press. $6.. Impact: The publication of Sir William Templeβs essays might have inspired future generations to think they could also write, which resulted in a proliferation of unsolicited manuscripts and a literary agent's worst nightmare.. Fact: Sir William Temple was so influential that if he were alive today, heβd probably have a blog with more followers than your average Kardashian..
- Headline: ASKS FRANK POLICY BY EUROPE ON DEBTS; A. O. Corbin Says Allies Should Keep Payment Separate From Reparations Issue. ASSAILS REPUDIATION TALK Banker Holds Governments Must Simply Tells Us How Much They Can Pay a Year.. Impact: Corbin's insistence on separating debt from reparations meant that future generations would continue to have the same arguments, just with more emojis and hashtags.. Fact: In the world of financial advice, separating issues sounds great until you realize itβs just a fancy way of saying, 'Letβs ignore the elephant in the room and focus on the dog.'.
- Headline: Hitler Conference Fiery.. Impact: The fiery conference between Bruening and Hitler set the stage for future political dramas that would make reality TV look like a well-mannered tea party. Spoiler alert: it didn't end well.. Fact: When politicians meet, itβs often less about resolving issues and more about who can gesture the most dramatically. Itβs like an Olympics for the overdramatic!.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1932, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1932, it would be worth $487,500 today (487.5x return)