Did you know that in 2009, Sweden’s central bank, the Riksbank, was the first to use negative interest rates, essentially charging banks to hold their money in an effort to encourage lending and boost inflation?
Did you know that the first stock exchange in the world was established in Antwerp, Belgium, in 1531?
Did you know that the concept of Gross Domestic Product was developed by Simon Kuznetz in 1934?
Did you know that the concept of paper money was first introduced by the Tang dynasty in China during the 7th century?
Did you know that economic cycles are like waves, with highs and lows reflecting prosperity and downturns?
Did you know that during the Great Depression, the U.S. stock market began its recovery well before the economy showed signs of improvement?
Did you know that despite expert forecasts, the US economy not only dodged a recession but accelerated, with the S&P 500 surging by 24% last year?
Did you know that historically, market downturns have often presented unique opportunities for prepared investors to capitalize on undervalued assets?
Did you know that during the Great Depression, the market's drastic downturn led to significant financial reforms?
Did you know that the concept of "bull" and "bear" markets originated from how each animal attacks its opponents, symbolizing market movements since the 18th century?
Did you know that in the late 1920s, just before the Great Depression, the U.S. stock market experienced an unprecedented boom, with the Dow Jones Industrial Average reaching its peak in 1929?
Did you know that in 1929, the Wall Street Crash led to the Great Depression, marking one of the most significant economic downturns in history?
