How the Olympics rotted Greece
politico.eu
How the Olympics rotted Greece
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Re: How the Olympics rotted Greece
#2The article states that greek debt is $349 billion and that the Olympics totaled around $7 billion. The premise of this article is flawed.
Re: How the Olympics rotted Greece
#3The article states that greek debt is $349 billion and that the Olympics totaled around $7 billion. The premise of this article is flawed.
Totally agree with this. The Greek culture goes way back and perhaps the original Olympic games in 776 BC is a better starting point to understand the context.
Greece should have never been allowed in Euro zone - it was forced in part through politics, part through accounting cheating and now is the aftermath.
Re: How the Olympics rotted Greece
#4Here's a relevant chart: https://upload.wikimedia.org/wikipedia/en/1/1b/HellenicOecon...
Re: How the Olympics rotted Greece
#5The Olympics wrecked Greece like Gordon Ramsay wrecks the restaurants he visits on kitchen nightmares.
If you're struggling and you plan a big flashy show to save your economy, and it doesn't work, all your problems don't suddenly become the fault of the big flashy show you planned to fix them.
Re: How the Olympics rotted Greece
#6I honestly don't understand why any country would want to hold the olympics, unless they already have the vast majority of the infrastructure in place, it's just such a mind-bogglingly expensive proposition.
Re: How the Olympics rotted Greece
#7Why, again, would Boston want 2024?
Re: How the Olympics rotted Greece
#8The article states that greek debt is $349 billion and that the Olympics totaled around $7 billion. The premise of this article is flawed.
Agreed.
Also, the author's sub-headline asks whether to blame the IOC then points how the olympics costing doesn't include incremental infrastructure projects -- which likely would've happened without the olympics, just not as fast, as is the case with most olympics[1].
From what I remember, Athens was one of the best executed, efficient olympics ever. Unfortunately, attendance was low as the timing of the Iraq War made travel undesirable.
Re: How the Olympics rotted Greece
#9Why, again, would Boston want 2024?
Poor leadership tends to make bad decisions.
Re: How the Olympics rotted Greece
#10The Olympics wrecked Greece like Gordon Ramsay wrecks the restaurants he visits on kitchen nightmares. If you're struggling and you plan a big flashy show to save your economy, and it doesn't work, all your problems don't suddenly become the fault of the big flashy show you planned to fix them.
> like Gordon Ramsay wrecks the restaurants he visits on kitchen nightmares.
What's the evidence for this?