There’s a Hot Waitress Economic Index – an informal measure of the state of the economy that is compiled by counting the number of attractive people working as waiters/waitresses.
The Democratic Republic of Congo is widely considered one of the world’s richest countries in natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of US$24 trillion. Yet, owing to political instability, it remains one of the poorest countries (per capita).
The “Nobel Prize in Economics” isn’t a real Nobel Prize. It was established over 70 years after the death of Alfred Nobel, is sponsored by a bank and is officially only “in memory of Alfred Nobel”.
Over the last 12 months an investment portfolio selected by throwing darts at stock tables outperformed a portfolio of stocks recommended by high-profile hedge fund managers by 27%.
In 1980, China’s economy was smaller than Pakistan’s. After growing by more than 10% annually over the past 30 years, China’s economy is expected to surpass the U.S. by 2028.
There is an African Union which aims to have a currency union similar to the Euro. One suggested name for this currency union is the “Afro.”
More than 40% of the Fortune 500 companies in 2010 were founded by an immigrant or the child of an immigrant.
There is a “Buy Nothing Day” (BND), an international day of protest against consumerism. The first BND was organized in Canada in 1992 “as a day for society to examine the issue of over-consumption.”
North Korea revalued its currency in 2009. Citizens were given a week to exchange old money for new, and were only permitted to exchange a certain amount of currency, worth something like $120 US at the time. This completely wiped out savings for many families.