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Cuchulainn
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Greece Bailout

February 18th, 2015, 8:47 am

QuoteOn the other hand tourism statistics show that there were some 10-12 million tourist arrivals yearly before Olympics and some 16 million in the years after. This year it was some 22 million peopleFair enough. But still 300 billion debt is a helluva lot. It does not really answer the fundamental question.And 21 of the 22 Olympic venues are not in use. This says a lot IMO in terms of management. In fairness, all these events tend to be prestige events and are based on irrational motives. And hubrisI can't imagine 22 venues in the Netherlands lying waste, a country that is somewhat richer than Greece. It would a huge drain on the economy and they would need Belgium.. And the people would not accept it.For London 2012 one of the objectives AFAIK was to promote the East End. I don't know the status.
Last edited by Cuchulainn on February 17th, 2015, 11:00 pm, edited 1 time in total.
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MattF
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Greece Bailout

February 18th, 2015, 9:17 am

QuoteOriginally posted by: AnthisI am curious to hear views from Londoners about the more recent London Olympics.I once visited Stockholm while it hosted the MTV Europe Awards. Every hotel was booked solid, you could see TV crews and bands everywhere and everyone was talking about it.During the Olympics in London you could have easily missed it was even happening. The final cost was about £9 billion and is a complete non-issue politically. Tourist numbers were already increasing so it's hard to say what the net benefits/costs were but no-one really cares anyway.
 
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DominicConnor
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Greece Bailout

February 18th, 2015, 8:08 pm

London is a very big city, there are general rules about the size distribution of cities in various countries, the UK is far off that curve.The main benefit of the Olypmics to the UK was being able to be smug about not murdering thousands of slaves like Beijing, failing even to get athletes to events like Atlanta, failing to finish the stadiums or find any use for them afterwards like Athens. The Olympics should be permanently housed in their spiritual home, Sydney. Sport is the religion of Oz and it has the space and wealth to do it properly.
 
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Spread
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Greece Bailout

March 13th, 2015, 11:53 pm

Oz has wealth... an interesting observation, given the fastest growing debt as a percentage of GDP from the top 20 economies. Nearly every resent game were a prelude to an economic disaster. 1976 - end of an armature era, bankrupt city and unfinished stadium, 1980 - the last spasm of the USSR PR followed by an economic collapse, 2004 Athens - no comments, Beijing - back to slavery, now all but few buildings are rusting away, 1984 LA - California, as a state and community past it's peak in mid 80s, and so on. May be the game's spirit is a problem?
 
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Cuchulainn
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Greece Bailout

March 14th, 2015, 5:57 am

The hope was that Olympic stadia could be used for concerts afterwards. But even in 1977 Montreal could not get any fans even with the likes ofELP
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