Ghost Airport

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An extreme example of wasteful government spending coupled with poor economic conditions in this video clip fro the BBC. Yangyang Airport in South Korea cost $400m to build and yet has not seen a single passenger in the last six months. The country is suffering from airport over capacity- 11 of the countries 14 airports are operating below capacity. Two new airports currently being built (one at 80% completion) have now been postponed.

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