Presently, business and finance have become the ruling factors of livelihood in any society and country. However, to think of their prosperity and growth, one has to go back apparently thousand years as the earliest commodity markets came into being, somewhere between 4500 BC and 4000 BC. The financial market with all its ups and down has evolved around some of the best-known weird facts.
A leading weird finance fact is that the cash and investment of Apple are equal to Hungary's GDP and more than Iraq and Vietnam's GDP. Second fact states that the individual banks created their own finance until the US Federal Reserve emerged in 1908. Thirdly, GDP of India is less than the total assets of $ 2.2 trillion under JP Morgan's supervision.
Fourth fact states that, the Dow Jones, since 1928 has 8 times increased a day more than10%, 4 times declined more than10% a day and 136 times gone up or down (more than 5%) a day. Fifth fact says that Monte Dei Paschi di Siena, founded in 1472 is the first bank in the world and it is still operating with its headquarters in Tuscany, Italy. Jingle Bells is written by James Pierpont, JP Morgans uncle in 1857.
The seventh fact speaks of Zimbabwe's experience of the worst inflation in the world by 6.5 sextillion percent in November 2008. The eighth fact states that David Rockfeller in 1973, became the first bank executive in America, who entered People's Republic of China since 1949.
The ninth fact says that Starbucks supersedes both JP Morgan Chase and Goldman Sachs in terms of their operations across the world. The last but not the least weird fact is that investing in $100 in Microsoft instead of buying Windows 1.0 in 1986 was a worthy investment.
The finance world with the emergence of the private moneylenders, taking loans for various personal, debt repayment and home buying purposes. The modern moneylenders have made it easier for people to take loans online and they don't have to provide too many documents as well.
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