Breakthroughs and everyday innovations from the year.
HEADLINES ON February 21, 1932
Full News Archive
- Headline: Luxury Spending Surpasses Education Funding. Impact: This extravagant spending led to a slow decline in educational funding, which in turn resulted in a generation of adults who thought 'self-care' meant a $400 face cream instead of learning basic math. Who needs algebra when you have contouring?. Fact: The average person could have funded a four-year degree with the amount spent on beauty products. But hey, who needs knowledge when you can have perfectly manicured nails?.
- Headline: Research Results Drive Industry Growth. Impact: This initiative unknowingly set off a chain reaction of corporate greed, resulting in the rise of 'research' departments that are really just fancy names for 'how to sell more junk to people.'. Fact: Maurice Holland might have been the first person to find a way to monetize curiosity. If only he had patented the idea of 'spending other people's money'!.
- Headline: Confederate Veterans Record Historic Sound Film. Impact: Recording the 'Rebel Yell' became a surprising hit, leading to a short-lived fad of historical reenactors shouting at each other in public parks. This may have inadvertently influenced the rise of reality TV.. Fact: The 'Rebel Yell' has since been used in more soundtracks than you'd think, proving that all it takes to become a star is a loud voice and questionable choices..
- Headline: LEASEHOLDS LISTED.; Manhattan Properties Recorded Under New Control.. Impact: This listing triggered a real estate obsession, leading to the birth of the phrase 'location, location, location' that we still hear from brokers today while they secretly plot to make a fortune off tiny apartments.. Fact: Manhattan's real estate market has more twists than a soap opera. One minute you're on top, the next you're fighting over a studio the size of a shoebox!.
- Headline: BATTLE IS RAGING AT WOOSUNG FORTS. Impact: The conflict in Woosung contributed to a prolonged tension in Chinese-Japanese relations, which would echo through decades of history, laying the groundwork for complex geopolitical dynamics that even the best diplomats can't untangle.. Fact: Woosung, in modern times, is like a history nerd's dream, where every corner has a story of conflict and resolution, but mostly conflict..
- Headline: WORLD WAR TACTICS IN USE AT SHANGHAI; Army Experts at Washington Say the Outcome Is Doubtful at This Stage.. Impact: These tactics foreshadowed the evolution of warfare, leading to strategies that would be debated in military academies for decades, with experts still asking, 'But what if we just tried not fighting?'. Fact: The use of World War tactics in Shanghai was like a military version of 'Can you top this?'βeveryone just kept escalating to see who could come up with the most convoluted strategy..
- Headline: Garner Says Nation's Problems Precede His Political Future. Impact: Garner's acknowledgment that the nation's issues outweighed his ambitions became a cautionary tale for future politicians: sometimes, it's better to address the problems rather than just campaign over them. Spoiler alert: they rarely listen.. Fact: Garner's ability to recognize the nation's problems might have made him the most relatable politician of his time. Too bad we can't say the same for most of his successors..
- Headline: Curfew on Shanghai Cabarets; They Lock Patrons In All Night. Impact: The enforced curfew created a bizarre nightlife culture where being locked in became a trend. This inspired future generations of partygoers to 'lock in' their best momentsβusually involving regrettable decisions and questionable dance moves.. Fact: Imagine being locked in at a club all night with nothing but bad karaoke and stale nachos. Sounds like a reality show waiting to happen!.
- Headline: Washington's Farewell Sent To Every Man in the Navy. Impact: Sending Washington's Farewell to naval personnel reinforced the importance of leadership and unity, ultimately influencing generations of military leaders who would later argue over the best way to follow his advice.. Fact: Washington's Farewell Address is like the original 'don't forget where you came from' speechβexcept a lot more formal and without emojis..
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)