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.
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.
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?
Detroit is infamous for its abandoned houses, decaying factories, and rapidly shrinking population. But the collapse of Detroit is worse than you think. Here’s how Motor City become America’s biggest ghost town.
North Korea is known to be one of the most oppressive and poor countries in the world. But the true scale of the difference between North Korea and South Korea is almost unimaginable. Here’s why South Korea is 64 times richer than its northern neighbor.
Singapore was once poorer than Jamaica. Today, it is one of the richest countries on Earth. Here’s why an island nation smaller than Houston got so rich.
Inflation has been around for a long time, but did you know it once destroyed one of the most powerful Chinese dynasties in history? Here’s why inflation brought down the Mongol Yuan Dynasty.
For nearly 500 years, the Roman Republic stood as a beacon of light in a world ruled by tyrants and absolute kings. Yet, in the span of a single generation, the Republic collapsed and gave way to the Roman Empire. Here’s why it happened and how the fall of the Roman Republic serves as a warning for us today.