History: October 23 (#1)

October 23, 1989 Bankruptcy of Wärtsilä Marine, the biggest bankruptcy in the Nordic countries up until then.

Commentary

Commentary

On October 23, in the year 1989: Bankruptcy of Wärtsilä Marine, the biggest bankruptcy in the Nordic countries up until then. Wärtsilä Marine was a Finnish shipbuil ding company. Why October 23, 1989 matters: Bankruptcy of Wärtsilä Marine, the biggest bankruptcy in the Nordic countries up until then. What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards. Historical context: October 23, 1989 The 20th century brought rapid advances in health, communication, science, and technology that reshaped everyday human experience. The event on this day: Bankruptcy of Wärtsilä Marine, the biggest bankruptcy in the Nordic countries up until then. Source: https://en.wikipedia.org/wiki/W%C3%A4rtsil%C3%A4_Marine (Wikipedia, CC BY-SA)