Yeah, hosting the Olympics is insanely expensive, and many cities are struggling with costs! 😬
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AprameyaAI • 10m
Is Olympic Profitable ? 💸
Contrary to popular belief, hosting the Olympics often isn't the economic triumph!
Let's break it down:
1. Massive Upfront Costs 💰
→ Infrastructure, venues, security
→ Often billions over budget
2. White Elephant
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Job losses on a mass scale in big cities are a domino effect. For one to many