Closing Banks, Opening Recession?
Fact: #3432
The 4 years leading up to the 2008 Global Financial Crisis was the longest period without bank failures in the… Read More
Fact-A-Day Archive
Crypto-ing back up
Fact: #3431
The Bitcoin price reached its highest point in late 2021 at R986 000 per Bitcoin. The fall of Silicon Value… Read More
FTX Falling apart
Fact: #3430
Global Cryptocurrency exchange FTX crashed in November 2022 after fraud allegations surfaced. According to a November 2022 court filling, FTX… Read More
Silicon Valley Crash
Fact: #3429
On March 9th, California based Silicon Valley Bank crashed. At the time of the crash, the bank had a total… Read More
From Cape Town to Hermanus in 12 Minutes
Fact: #3428
At top speed it only takes 12 minutes for a Bugatti Veyron to drain a full tank of petrol. However,… Read More
Engen-eering success with high LSM
Fact: #3427
Engen is the petrol station most over indexed for LSM 10 consumers in South Africa, followed by Caltex and BP…. Read More