Despite its obscurity, Botswana is the richest country on the African continent. But how did this tiny landlocked country become so much wealthier than its neighbors? Here’s why Botswana is so much richer than the average African nation.
In the 1980s, North Korea began constructing a hotel that would never open. 35 years later, the Ryugyong Hotel remains unfinished. Here’s why the dictatorship bankrupted itself by building a hotel that has never served a single guest.
When the Spanish colonized the Americas, they found mountains of gold and silver in Mexico and Bolivia. The Spanish dreamed this would make them the richest empire on earth. Here’s why it bankrupted them instead.
The Federal Reserve just announced that the latest inflation rate is 9.1%. But the real inflation rate is actually nearly double what is being reported in the press. Here’s why the Federal government is hiding what the real inflation rate is.
The Bayside Canadian Railway is just 220 feet long and goes absolutely nowhere. But it’s one of the most important railroads for shipping goods across the US-Canadian border. Here’s why a 100-year-old law makes this railroad to nowhere so important.
The Gluten-Free market has grown roughly twice as fast as the Nasdaq over the last 15 years. But why is the Gluten-Free market growing so rapidly when only 7% of people have a gluten intolerance? Here’s why this tiny market has now become a worldwide phenomenon.
Mongolia has a rapidly growing merchant fleet despite having no coastline of its own. And now, the Mongolian merchant marine is larger than the United States. But it wasn’t always this way. Here’s why the American shipping industry has gone from being one of the largest in the world to being smaller than Asia’s largest landlocked country.
The French Revolution is listed as one of the defining moments in history. But what exactly did the revolution accomplish? And why did it fail?
Costa Rica is the largest country in the world without an army. But why did they abolish their military, and how does the country protect itself without one?
Since May 2020, Zimbabwe’s largest stock market index is up over 5,000%. How did this happen? And is that actually a good thing, or is Zimbabwe about to experience one of the largest economic bubbles in history?