Economics

Why everyone keeps saying Venezuelan oil is absolute trash

Saudi and Iranian oil is light crude. Venezuelan oil is 'extra-heavy' crude, even among heavy oils. Even if they have the #1 reserves in the world, the quality is so shitty they ca

Current State of the 2030 Generation in Korea

Current situation of Korea's 2030s

The logical reason why fine dining is always in the red

US Federal Income Tax Burden Shares (Infographic)

Hmm...

[Sing-Gal] China's maglev train got me shivering

Source: Single Bungle Earth Village Gallery [View Original]

[Sing-gal] The real reason the US and Europe had to absolutely crush Japan

Japan’s 20th-century innovation was just too cracked. Even though the country was completely totaled after losing WWII, their accumulated scientific and technical know-how didn't j

Life on a monthly net income of 180k yen.jpg

Life on a monthly net income of 180k yen.jpg Once your take-home pay drops below 180k yen, stuff like "self-improvement," "saving a certain amount," or "getting a hobby" becomes im

GBP exchange rate breaks 2000 won!

Looks like they've legit given up on the exchange rate. Zero defense at this point.

The core assets that keep US hegemony alive despite their gutted manufacturing

The core assets that keep US hegemony alive despite their gutted manufacturing Food (World's largest agricultural exporter) ※ Across all sectors (livestock, feed), not just specifi

The Smartphone Industry is Lowkey Screwed Right Now

1. All smartphone manufacturers, including Apple and Samsung, are expecting a drop in shipments.

1,000 people move to Okcheon in just 15 days after 'Basic Income' announcement

State of SNU Economics major classes right now.jpg

State of SNU Economics major classes right now.jpg

1. Trade Between Britain and the Qing Dynasty. Why Britain Started Pushing Opium.

The Era of the Industrial Revolution. Led by the textile industry, Britain was busy building its own 'Total GOAT' system of Western (British) industrial civilization. People usuall

Korean Doctors' Income Level Whoa ㄷㄷㄷ.jpg

[Gamgyul Says] RIP PC HODLers.

1. HDD prices highest compared to the last 8 quarters. 2. Geforce and Radeon GPU prices are all climbing + Radeon announcing an additional price hike in January + Nvidia 50 series

If we wanna beat China, we gotta pull all-nighters, but the 52-hour week forces us into 'Tearful Clock-Outs'.

The 52-hour 'Brick Wall'... Labor time regulation is stifling innovation in sinking startups. 'We have the money and the talented people ready to commit, but it’s so frustrating be

(LONG POST) The reason for the current high exchange rate? Let's break it down with real data.

Source: https://m.fmkorea.com/?document_srl=9287873757&cpage=3&mid=mystery

Is the Wanli Emperor Re-evaluation Theory actually legit? Focusing on the economic aspect.

1. What is the Wanli Emperor Re-evaluation Theory? The Wanli Emperor (reign: 1572–1620) was the Ming emperor during the Imjin War (Japanese invasions of Korea). Traditionally, he h

???: If you don't know the exchange rate, just memorize it ㅠㅠ

Zimbabwe's national status mysteriously rising.

The reason why China can basically monopolize the rare earth market

Environmental pollution is straight up f***ed. But China doesn't give a single flying f*ck, so (That's probably the reason, right?)