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Hosting The Olympics Is A Terrible Investment

When Rio de Janeiro won its bid to host the 2016 Summer Olympics back in 2009, the Brazilian government estimated that costs directly related to hosting the games would run just shy of $3 billion. But by the time Vanderlei de Lima lit the Olympic torch at last week’s opening ceremonies, the country had already […]

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Hosting The Olympics Is A Terrible Investment

When Rio de Janeiro won its bid to host the 2016 Summer Olympics back in 2009, the Brazilian government estimated that costs directly related to hosting the games would run just shy of $3 billion. But by the time Vanderlei de Lima lit the Olympic torch at last week’s opening ceremonies, the country had already […]

Continue reading



Hosting The Olympics Is A Terrible Investment

When Rio de Janeiro won its bid to host the 2016 Summer Olympics back in 2009, the Brazilian government estimated that costs directly related to hosting the games would run just shy of $3 billion. But by the time Vanderlei de Lima lit the Olympic torch at last week’s opening ceremonies, the country had already […]

Continue reading