Wednesday, October 10, 2007

Russian Banks May Finance The "Next Great Leap"

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In an ironic twist of fate, it seems that the nation that first brought humanity to the stars is more "capitalistic" than the first one to put a man on the moon.

With more individuals considering space tourism as a worthwhile activity, it looks as if a Russian banks will consider loaning the necessary cash for those who can least afford.

(Interfax-AVN) Russian banks could offer low- interest loans to people wishing to go into space as tourists, Roman Popov, the president of the First Russian-Czech Bank, told journalists on Tuesday.

"If space tourism develops, we are prepared to combine efforts of three or more banks to issue five-year low-interest loans to a future space tourist," Popov said at a press conference dealing with prospects of space exploration[.]


This is probably a smart move by Russia, who has been heavily embracing the capitalistic version of the final frontier despite their current leanings towards "all things big brother."

If the cost of travel towards space (and future space hotels) becomes somewhat affordable, they may find plenty of eager customers in North America as well as Europe.




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You can either visit the stars or watch them from afar.

But if you choose the former, you'll definitely get a better view.

~Darnell Clayton, 2007

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