Breakthroughs and everyday innovations from the year.
HEADLINES ON March 16, 1955
Full News Archive
- Headline: Rhee Line and Korean-Japanese Relations. Impact: As Korea continued to distrust Japan, the 'Rhee line' became a cultural touchstone, leading to intense karaoke ballads about fishing rights. Eventually, this sparked an international fish-off competition where countries battled not only for fishing rights but also for the title of 'Best Karaoke Nation'.. Fact: Japan might have been plotting to dominate the karaoke scene too, but sadly, their plans were thwarted by the Rhee line and a severe lack of musical talent..
- Headline: Renewed Talks on Tunisia's Autonomy. Impact: The talks on Tunisian autonomy ignited a spark of hope throughout the region. Unfortunately, it also inspired a series of poorly planned tourist ventures, including a 'Tunisian Freedom Tour' that charged people to participate in awkward workshops on how to negotiate with your oppressor.. Fact: These autonomy talks are what inspired future generations to hold meetings about holding meetings. So, thanks for that, global politics..
- Headline: Books of The Times. Impact: The recommendation of 'Rough Winds of May' became a metaphor for turbulent relationships in literature. This inspired countless authors to write books about bad weather and worse decisions, leading to a genre explosion that no one asked for.. Fact: Fun fact: Hallinanβs book actually led to a spike in umbrella sales, proving once again that literature can be just as dry as a rainless summer..
- Headline: Loan for East Africa. Impact: The IBRDβs loan for East Africa turned out to be the first step towards modern infrastructure, but it also led to a series of very awkward elevator conversations between engineers and local wildlife that were inexplicably captured on film.. Fact: This loan started a trend of asking for money for infrastructure that would eventually lead to the modern-day 'GoFundMe for Roads' campaign. Because nothing says 'give me money' like a pothole!.
- Headline: U. S. STAGE FESTIVAL STARTS IN GERMANY. Impact: The U.S. Stage Festival in Germany became an unexpected catalyst for a wave of avant-garde theater that left audiences questioning their life choices and the meaning of existence. People began to wonder if they were actually in a play called 'Life: The Unfunny Version'.. Fact: Mrs. J.B. Conant's exhibit was so avant-garde that people started leaving the theater in confusion, thinking they had accidentally stumbled into a museum of modern art instead. Spoiler alert: they had..
- Headline: KNOWN OIL RESERVES INCREASED LAST YEAR. Impact: As oil reserves increased, so did the number of conspiracy theories about aliens stealing our gas. This led to a new genre of sci-fi movies where aliens were depicted as environmentally conscious beings, trying to save Earth from itself. Great job, humanity!. Fact: This increase in known oil reserves ultimately led to the creation of the phrase 'Oil's Well That Ends Well,' which is now used to justify all sorts of questionable drilling practices..
- Headline: U. S. Carrier in Singapore; TANKER MEN BALK AT RED CHINA TRIP. Impact: The arrival of the U.S. aircraft carrier in Singapore caused a ripple effect that led to an unexpected boom in carrier-themed merchandise, which included everything from model ships to T-shirts that read, 'I Love Big Boats'.. Fact: The tanker men balking at a trip to Red China is what inspired a new wave of 'Dude, Whereβs My Carrier?' movies. Spoiler: they never find it..
- Headline: FINANCIAL AND BUSINESS SIDELIGHTS OF THE DAY. Impact: The wholesale gasoline price increase ignited protests that were less about the price and more about the existential dread of paying for gas in general. This led to the invention of the 'Gas Card of Freedom', allowing people to swipe their way into the depths of debt.. Fact: People were so outraged by the price hike that they took to social media, inadvertently creating the world's first 'Gas Price Rage' meme, which is still in circulation today..
- Headline: MAGSAYSAY'S HAIR GRAYING IN OFFICE; That Is Measure of Burden of Tough Job on Philippine President After a Year. Impact: Magsaysay's graying hair became a symbol of the burdens of leadership, inspiring future leaders to adopt hair dye as a strategy. This led to decades of politicians looking less like statesmen and more like rock stars who forgot their roots.. Fact: The stress of being a leader has been scientifically proven to age you faster, which is why some politicians look like theyβve been in office since the dawn of time..
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1955, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1955, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1955, it would be worth $3,433,941 today (3433.9x return)