Posts Tagged ‘Russia’

  • Money Supply New $100 bill

    The Money Supply: The New Hundred Dollar Bill

    Oct 9, 13 • 700 Views • No Comments

    Our story begins in 2010 when the United States announced that it would be issuing a state-of-the-art $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. When you move it, certain shapes and colors shift. There is also a...  [read more]

  • The Panama Canal Project Facilitates World Trade.

    Do Brazilians or Russians Work Shorter Hours?

    Feb 7, 13 • 378 Views • No Comments

    Brazil or Russia? Who tends to work shorter hours? Who takes longer lunch hours? Who watches more TV? Who is more likely to sleep 8 hours or more each night?   Brazil was the correct answer to every question. My source of data was a Jana emerging markets...  [read more]

  • Beer and pretzels.

    Beer Economics

    Nov 8, 12 • 568 Views • No Comments

    In China, 1/2 liter of beer costs 9 minutes of work. To calculate how many minutes of work it takes to buy beer in 150 countries, Swiss bank UBS researchers divided the median wage in that country by the price of 1/2 liter from a retailer. Their results?...  [read more]

  • Olympic Medal...olympics_000019262071XSmall

    Who Really Won the Olympics?

    Aug 15, 12 • 235 Views • No Comments

    Sometimes it is tough to decide who really is #1. Ask me who won the Olympics and I, as a former history teacher, might say the Mongol Empire. If you were to outline the Mongol Empire (1280AD) on a map, 15 contemporary countries would be totally or partially...  [read more]

  • Our Transportation Infrastructure is Crumbling

    Cars and the Middle Class in Developing Nations

    May 26, 12 • 342 Views • No Comments

    What does it mean to be middle class? For a developing nation like China, income might be the key. If someone earns between $10 and $50 a day, then that person is middle class. Or perhaps you just need to be able to buy a tall macchiato at a Starbucks or a...  [read more]