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To: nuconvert

One of the weird things is these yachts, while sailable, are unsaleable. The market for 500 million dollar boats is thin. There’s only a few people on the planet who have disposable assets of that magnitude, and it seems like a lot of them are Russian for some reason. So the money that will actually go back to the people of Ukraine for selling these things in the market will be far lower than the asset values being referenced.

These yachts may also help explain why Russia’s military has proven so inept. So much money was siphoned off by Putin’s corrupt cronies for yacht purchases.


15 posted on 03/12/2022 7:47:25 AM PST by babble-on
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To: babble-on

Good points. Who will buy them?


24 posted on 03/12/2022 8:04:41 AM PST by rrrod (6)
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