Moscow Airport Sells for Half Price, Reflecting Russia’s Economic Isolation and Oligarchic Grab
Moscow Airport Sells for Half Off, a Sign of Russia’s Global Isolation
The fact that a major Moscow airport, initially put up for auction with a minimum bid of $1.7 billion, ultimately sold for half that price, is a pretty stark indicator of Russia’s current situation. You have to wonder why anyone would even bother. The airport had been seized by the Russian government, which immediately raises red flags. It suggests the new owner might face the same fate down the line, an unstable investment at best. It’s hard to imagine wanting to own an asset that could be snatched away at any moment.… Continue reading
Matt Underwood 
John Q. Hosedrinker