The U.S. and majority of the countries in the world no longer follow the gold standard for money creation. Under that standard, a country had to backup its currency with equal amount of gold. That is no longer the case in the US as President Johnson removed the requirement for the Federal Reserve to hold …
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The longest high-speed train in terms of number of cars started operation in China back in July. The Fuxing train connects Shanghai and Beijing and has a maximum speed of 350 km/hr. It covers the distance of 1,225 kms in 4 hrs and 28 mins. To put this in perspective, its about the same distance …
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The Oslo to Bergen train route is considered as one of the world’s top scenic train routes. The train covers the distance in seven hours. The following is a neat video of this great train ride: Source: NSB
Europe has the second largest high-speed rail network after China. The following is an animated map of the high-speed network in Europe. Click to enlarge Source: GoEuro
China leads the world in high-speed rail network. Recently I came across the following awesome video if high-speed train maintenance center in Wuhan. The drone video footage is simply astonishing. Curious readers may be wondering when will the US have a similar center. Source: New China