Category: Economic history

The Global Financial Crisis (GFC) of 2008 led to millions losing their jobs and major economies experiencing their deepest recessions since the Great Depression. For many, the crisis served as a harsh lesson on market volatility, risk, and the importance of financial discipline. Understanding the do's and don'ts that emerged from this period is vital for protecting and growing your wealth.

In 2014, reports surfaced that the North Korean government had ordered South Korean companies to stop distributing Choco Pies to North Korean workers, a move that made international headlines. This seemingly trivial confectionery item, a chocolate-coated marshmallow snack, has a surprisingly complex and politically charged history that led to it becoming a symbol of capitalism and prosperity in the isolated country. Understanding why are Choco Pies banned requires an examination of the social, economic, and political dynamics of the Korean peninsula.

Between 1970 and 1990, the annual consumption of high fructose corn syrup in the United States increased by over 1,000%. Food manufacturers rapidly switched to this corn-based sweetener primarily due to a convergence of economic factors and practical production advantages.