- By Alicia P.Q. WittmeyerAlicia P.Q. Wittmeyer is the Europe editor at Foreign Policy. Her work has appeared in the Los Angeles Times, the Washington Post, and Forbes, among other places. She holds a bachelor’s degree from the University of California, Berkeley, and master’s degrees from Peking University and the London School of Economics. The P.Q. stands for Ping-Quon.
It’s been a long, slow recovery from the 2008 financial crisis, and the last time the Dow Jones Industrial Average hit the kind of heights it hit today was October 2007. To give you some perspective on the meaning of today’s market surge, here’s a look at ten ways the world has changed since the fall of 2007:
2. Neither was Lady Gaga.
3. Sarah Palin was an Alaska governor with sky-high approval ratings.
4. Blackberry’s (RIM) shares were trading at more than $100/share (today’s price: $12.73).
5. The first iPhone had just been introduced in the United States three months earlier.
6. The first Twilight film had yet to be released.
7. Tiger Woods was still just a really great golfer.
8. The U.S. was winding down its surge in Iraq.
9. The world still had less than 7 billion people.