πŸ‡ΊπŸ‡ΈUnited States Β· 00s

Hope and Crisis

Obama elected. Wall Street collapsed. The world held its breath.

What happened

4 milestones of 2008

Sep 15

Global Financial Crisis

Lehman Brothers collapsed. The global financial system nearly died. Banks were bailed out. Regular people lost homes, jobs, savings. The worst economic crisis since the Great Depression.

Economic devastation β€” acknowledge the human cost: job losses, foreclosures, suicides

What was playing

70% local Β· 30% international

What was in cinemas

The Dark Knight

The Dark Knight

Christopher Nolan β€” Heath Ledger's Joker. The superhero film as art. 'Why so serious?'

Iron Man

Iron Man

Jon Favreau β€” The MCU was born. RDJ's comeback story.

WALL-E

WALL-E

Andrew Stanton β€” A robot love story about environmental collapse. Pixar at its best.

Slumdog Millionaire

Slumdog Millionaire

Danny Boyle β€” Best Picture. From Mumbai's slums to a game show triumph.

Outlander

Outlander

Howard McCain β€” Box office hit in the US β€” TMDB 6.4

What was on TV

Breaking Bad

2008-2013 β€” Walter White began his transformation. The greatest TV show was getting started.

Mad Men

2007-2015 β€” Don Draper's 1960s. Prestige TV at its most stylish.

The Big Bang Theory

2007-2019 β€” Nerds went mainstream. Bazinga!

How much things cost

Currency: USD

Gallon of milk$3.79
Gallon of gas$3.27
Movie ticket$7.18
New house (median)$232,100

Inflation: 3.8%

Financial collapse. Foreclosures, layoffs, bailouts. Gas hit $4/gallon before crashing.

Then vs. Now

Inflation-adjusted values

Gallon of milkBLS
2008 (USD)
$3.79
β†’
Today's value ($)
--
Gallon of gasEIA
2008 (USD)
$3.27
β†’
Today's value ($)
--
Movie ticketNATO
2008 (USD)
$7.18
β†’
Today's value ($)
--
New house (median)Census Bureau
2008 (USD)
$232,100
β†’
Today's value ($)
--

Technology

iPhone 3G

Apple's second iPhone brought the App Store β€” mobile computing took off.

Android OS

Google's mobile operating system launched with the T-Mobile G1.

Spotify (Europe)

Spotify launched in Sweden. Legal streaming was born.

Pop Culture

Fashion

Skinny jeans peakedGraphic teesOversized sunglassesHipster aesthetic emerging

Slang

That's what she saidβ€” Innuendo joke (Michael Scott made it famous)
Failβ€” Used as noun/exclamation for something that went wrong
FTWβ€” For the win

Behavior

  • Obama's campaign used social media in ways no one had before
  • The financial crisis made millennials distrust institutions
  • iPhone culture began changing how people interacted with everything

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Card og de 2008

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