That's Interesting
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Which War Saw the Highest Defense Spending? Depends How It’s Measured
06th February, 2020US Government spending on defense spiked during World War II, as might be assumed. But to put it in perspective, the amount spent per active duty person peaked at about half of what was spent per person in the 1990s.
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Big name fashion labels move manufacturing out of China
13th November, 2019“Since the start of Donald Trump’s presidency, famous brand names such as Uniqlo, Levi’s, Crocs, Calvin Klein and Tommy Hilfiger have moved their entire manufacturing base out of China. Politics is not the only factor . . . But there is no doubt Trump sped up their departure.”
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Emergency German banknote designs
22nd October, 2019“During the first world war and the ensuing economic crisis, many German towns issued notgeld, or emergency money, to combat cash shortages. The designs range from local fairytales and legends to political messages.”
Some fantastic designs pictured in this online gallery, especially one issued by the Braunschweig public transport authority in 1921.
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Has Australia Really Had a 28-Year Expansion?
08th October, 2019“This discrepancy between the growth rate of per capita GDP and the growth rate of GDP implies that population growth has been a key factor for Australia’s economic expansion. A rising population increases the size of the economy, and therefore total output increases, which is reflected in the level of GDP.”
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