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IMO, the Olympics has become more focused on advertisement and very less focus on the sports. The latest Summer Olympics in Beijing proved to have a somewhat negative effect on the city. I read in an article that within a year later after the Olympics, the Bird's Nest began to fall apart. Yesterday, I read in an article that the London bidders are in financial trouble, and that the two proposed facilities are being canceled in order to save about 20 million pounds.
While cities like Atlanta have established themselves to Non-Americans from the Olympics, the event still was perceived as chaotic. Also, many other cities have gone into a sizable amount of debt. Just my opinion.
I partially agree.
The essence of the matter is if the Games can be held in a capitalist/profitable manner or in a socialist/loss inducing one...
The LA Games of 1984 were the only ones in history which were not in the red.
I think Atlanta 1996 Games barely made it too.
All other games were done on taxpayers' blood,drunk by govs or regimes eager to show off & built Pharaonic installations...
So,YES to Games if in the black,
NO if in the red
I remember back 50 years or more; back then it seemed as if the Winter Olympics were sheer magic, all that snow was amazing while I was stuck in grimy old Baltimore....
Just isn't the same these days, opening ceremonies have gone berserk with showiness when it should be all about the athletes.
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