bankrupt Posts

Wealth Of Nations

A country normally can borrow up to 100% its GDP, a very strong industrial country or very financial stable nation can borrow up to perhaps 200% its GDP, debts over 250% GDP the country is bankrupted.

Have You Ever Been to an Indoor Rain forest?

The company went bankrupt in mid-2002. Two years later, Tropical Islands Resort was opened. Inside the dome is the world’s largest indoor rainforest with 30,000 trees, bushes and groundcover. There are carnivorous plants, banana trees, coffee bushes, jungle creepers and other exotic plants.

Who Wouldn't Want to Spend a Night at These Unique Hotels?

Jumbo Stay, Stockholm Sweden Cost: $160 per night A Boeing 747 – 212B jumbo jet belonging to a Swedish company that went bankrupt back in 2002 was converted into a hostel and placed at the front of Stockholm airport. The most expensive of its 29 rooms is the one located in the pilot’s cabin.

10 of the Most Veteran Baseball Teams in the USA

The team went bankrupt and was saved by entrepreneur Chris von der Ahe who purchased them in 1882 and made them a founding member of the American Association. Source 9. Chicago Cubs, founded 1871 Source The team first started playing as the Chicago White Stockings.

These Cars Are So Obscure, Even We Didn't Know About Them!

The R45 was preceded by the R42, of which 23 were sold, but only two R45s exist, and that’s because the company went bankrupt before production began. The two cars are powered by 4.6-liter V8s.

This is The OLDEST American Motorcycle Company

In 1910, they introduced a single-cylinder model, but they quickly went bankrupt in 1914.

These Deserted Yet Beautiful Mansions Have a Spooky Past

However, the hotel wasn’t successful and went bankrupt. In 1907, the property was purchased and converted into a school by May Bennett, a famous educator. Unfortunately, after an unsuccessful run, the school, too, closed down and filed for bankruptcy after the wave of co-ed education.