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Yeah, I hear you. With the ever-changing society, I think the Olympics will be extinct eventually for this very reason, and I'm saying it as someone who loves the Olympics.
I agree that cities who have the infrastructures will be best able to compete. The debt level resulting from building stadiums, arenas, highway infrastructure and so on is just too massive.
Put that together with the massive corruption on Olympic bidding and it is just a situation that invites skepticism and anger.
Greece is still in chaos after they spent billions they didn't have on the Athens games. I think the I.O.C. realizes that the American cities are not in a position to, nor desire to outlay billions more on sparkling new venues. Our cities have many more intelligent and wise options on how to spend the money----so I just feel that do not look for an impending return of the games to this country----the Olympic committee wants new pristine complexes and not existing structures.
Link? Listen to their words. They insist on this every time. Smart cities say no, dumb ones plunge their city into crazy debt to appease their collective egos.
The 1976 Olympics in Montreal nearly bankrupted the city as well as the Province of Quebec. The massive debt run up for the Summer Olympics was FINALLY paid up in ... 2006, only 30 years after the games and at great cost to the taxpayers.
It certainly cost the city lots of money and continues to be a major money drain for its upkeep, apart for a monster truck event once a year and a rock concert once in a while the venue sits empty, a testament to greed and corruption.
I think current cost to host an Olympic games is in the 5 to 20 billion $ range.
Every nation that has hosted the Olympics has faced economic ruin.
The venues and stadiums are ruined and never used again.
God help any nation that hosts the Olympics in the future.
It would make more sense to me to have 4 or 5 cities host the Olympics on a rotating basis. LA, London, Tokyo, and 1 or 2 others. The facilities get re-used and the infrastructure stays put.
It would make more sense to me to have 4 or 5 cities host the Olympics on a rotating basis. LA, London, Tokyo, and 1 or 2 others. The facilities get re-used and the infrastructure stays put.
I wanna go even further: Just keep ALL summer games in Greece (God knows they could use the revenue) and All winter games in a place like Sweden. Central time zones and predictable weather too. It's frickin' insane to spend all this money OVER and OVER again just for 2 weeks at a time. I think the novelty of different countries must have worn off already anyway for a lot of people like myself. I imagine that 50 years ago it was much more dramatic to see footage of various mountains and skylines but with the internet today the world seems much smaller anyway. Additionally, the host cities of Athens and Stockholm would get REALLY GOOD at tasks like security and housing if they did it all the time. The same way that NYC specializes in handling UN Assembly meetings, etc. No more instances of the host city being "unprepared" for this or that.
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