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Raising the Seawise Giant: the fascinating history of the largest ship ever built

In 1979, the Sumitomo Heavy Industries in Japan completed an ultra-large crude carrier (ULCC) that is still the biggest and longest self-propelled ship in history, the Seawise Giant.  Throughout its long and turbulent history, it would be known by several names: Knock Nevis, Oppama, Happy Giant, Jahre Viking, and Mont. It would also pass through […]

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German Hyperinflation Made A Loaf of Bread Cost 200 Billion Marks in 1923

Before World War One, Germany was a prosperous nation. In the decades since its unification, it had become an industrial powerhouse leading Europe in fields like chemicals, machinery, and optics. Its gold-backed currency traded at comparable rates to the British shilling, Italian lira, and French Franc (about 4-5:1 against the U.S. Dollar). Nine years later, hyperinflation hit its

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