Posts Tagged ‘Bankruptcy’

What I Learned Last Week

Cuba landscape

Cuba landscape (Photo credit: RHTRAVELER)

China’s labor costs are now as high as Mexico’s.

U.S. birth rates are the lowest in history and still declining.

The U.S. is ranked 42nd among nations in life expectancy. But if you factor out murders and auto accidents, we are ranked #1!

Japan is about to replace China as the U.S.’s largest creditor.

Marines still use bayonets.

The government did not save GM or Chrysler from bankruptcy – both went bankrupt, but with a rare 363(b) bankruptcy rather than a standard bankruptcy.

It wasn’t until 1971 that medical researchers began to understand how aspirin works.

40% of the EU budget is spent on the common agricultural policy.

The average income in Cuba is $20/month.