Campbell Bought A $100,000 Plane To Live In It
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Everyone has dreams for which is to do everything, even spend a colossal amount. An example of such a dream is the dream of a 73-year-old engineer who bought a plane to turn it into an apartment.
In this article:
- Artificial Intelligence (AI) momentum
- A plane has been turned into a makeshift apartment
- Barbados is the first country to reach a staff-level agreement to access the IMF's Resilience and Sustainability Trust
Artificial Intelligence (AI) momentum
Artificial intelligence (AI) related cryptocurrency tokens saw a significant price spike when ChatGPT OpenAI was first released on November 30 last year. After the initial news of ChatGPT, the prices of AI-related tokens have fallen since late December 2022.
When on January 11, 2023, the OpenAI research lab launched a pilot of the premium paid version of ChatGPT, investor interest in AI chatbots revived and again led to an increase in the price of AI tokens.
AI token prices have increased 2 to 16 times since February 7, 2023, compared to November 30, 2022, as crypto investors poured into the AI narrative.
Developments that have contributed to the AI momentum include Microsoft's multi-billion dollar investment in OpenAI and Google's own AI Bard chatbot.
#AI has been all the rage this week! 🤖
— CoinGecko (@coingecko) February 11, 2023
Let's dive deeper to understand how the release of @OpenAI's #ChatGPT and @Google's #Bard has impacted the prices of AI-related cryptocurrencies â¤µï¸ https://t.co/Tyxz8LRwen
A plane has been turned into a makeshift apartment
The 73-year-old turned a plane into a makeshift apartment. His monthly expenses are $370 a month, including $220 a month for property taxes and $100 to $250 a month for electricity.
In the early 1970s, Bruce Campbell paid $25,800 for 10 acres of land in Hillsboro, a suburb of Portland, Oregon.
An electrical engineer who is now 73 and lives in a parked plane on his property.
After months of searching, the company found the Campbell, a 200-passenger Boeing 727 that was 1,066 square feet and weighed about 70,000 pounds. It was found in Greece and is part of American history… in a way.
The plane was used to transport the remains of airline owner Aristotle Onassis in 1975.
Campbell paid $100,000 for it, and the plane flew from Greece to Oregon to prepare it for takeover.
73-year-old pays $370/month to live in a plane he bought for $100,000 from a salvage yard: "I have no regrets." (via @CNBCMakeIt) https://t.co/TuGYbs81EU
— CNBC (@CNBC) February 12, 2023
Barbados is the first country to reach a staff-level agreement to access the IMF's Resilience and Sustainability Trust
The IMF's Resilience and Sustainability Trust (RST) helps low-income and vulnerable middle-income countries build resilience to external shocks and ensure sustainable growth, contributing to their long-term balance of payments stability. It complements the IMF's existing lending toolkit by providing long-term, affordable financing to meet long-term challenges, including climate change and pandemic preparedness.
Barbados is the first country to reach a staff-level agreement to access the IMF's Resilience and Sustainability Trust (RST), which aims to provide affordable, long-term funding to help build resilience to climate change.
Under the agreement, which is subject to approval by the IMF Executive Board, Barbados will have access to 141.75 million SDRs (approximately $183 million) under the RST and an additional 85.05 million SDRs (approximately $110 million) under the 36-month Extended Facility fund (EDF) to maintain and strengthen
macroeconomic stability and to continue the structural reform agenda.
Barbados is among the first countries to request financing from the IMF's Resilience and Sustainability Trust for affordable, long-term financing to help the Caribbean island nation build resilience to climate change. https://t.co/2sBjai6Nxe pic.twitter.com/zupsIRu2a0
— IMF (@IMFNews) February 12, 2023
