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Countries are learning it doesn't make economic sense to host the Olympics

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  • Countries are learning it doesn't make economic sense to host the Olympics

    https://ca.finance.yahoo.com/news/no...192919690.html

    Economists have demonstrated that revenues are vastly overestimated, and as a result, only Belarus and China have bid on the 2022 Winter Olympics.

    I certainly wouldn't want the Olympics anywhere near me. Eminent domain hell, anyone?
    "I am not angered that the Moral Majority boys campaign against abortion. I am angry when the same men who say, "Save OUR children" bellow "Build more and bigger bombers." That's right! Blast the children in other nations into eternity, or limbless misery as they lay crippled from "OUR" bombers! This does not jell." - Leonard Ravenhill

  • #2
    Winter Olympics need to be in a foreign country that has ice -- like Canada or Alaska.
    "Neighbor, how long has it been since you’ve had a big, thick, steaming bowl of Wolf Brand Chili?”

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    • #3
      Originally posted by KingsGambit View Post
      https://ca.finance.yahoo.com/news/no...192919690.html

      Economists have demonstrated that revenues are vastly overestimated, and as a result, only Belarus and China have bid on the 2022 Winter Olympics.

      I certainly wouldn't want the Olympics anywhere near me. Eminent domain hell, anyone?
      Whenever I hear some muppet suggest that we should look to hosting them I have to fight down the urge to deliver an economic smackdown.
      "If you can ever make any major religion look absolutely ludicrous, chances are you haven't understood it"
      -Ravi Zacharias, The New Age: A foreign bird with a local walk

      Be watchful, stand firm in the faith, act like men, be strong.
      1 Corinthians 16:13

      "...he [Doherty] is no historian and he is not even conversant with the historical discussions of the very matters he wants to pontificate on."
      -Ben Witherington III

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      • #4
        Originally posted by Cow Poke View Post
        Winter Olympics need to be in a foreign country that has ice -- like Canada or Alaska.
        Or Utah.
        "I am not angered that the Moral Majority boys campaign against abortion. I am angry when the same men who say, "Save OUR children" bellow "Build more and bigger bombers." That's right! Blast the children in other nations into eternity, or limbless misery as they lay crippled from "OUR" bombers! This does not jell." - Leonard Ravenhill

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        • #5
          Originally posted by Cow Poke View Post
          Winter Olympics need to be in a foreign country that has ice -- like Canada or Alaska.
          At least one Alaskan don't want 'em.
          Micah 6:8 He has told you, O man, what is good; and what does the LORD require of you but to do justice, and to love kindness, and to walk humbly with your God?

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          • #6
            Originally posted by KingsGambit View Post
            https://ca.finance.yahoo.com/news/no...192919690.html

            Economists have demonstrated that revenues are vastly overestimated, and as a result, only Belarus and China have bid on the 2022 Winter Olympics.

            I certainly wouldn't want the Olympics anywhere near me. Eminent domain hell, anyone?
            Why do the Olympics matter?

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            • #7
              Um, why are they so over built? Is it like a requirement thing or just excessive bidding?

              "He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot


              "Forgiveness is the way of love." Gary Chapman

              My Personal Blog

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              • #8
                Originally posted by Teallaura View Post
                Um, why are they so over built? Is it like a requirement thing or just excessive bidding?
                As the Olympics are supposed to be the pinnacle of competitive sport, top-class sports facilities are required eg stadiums and swimming pools; all these usually have to be built from scratch and are often underused afterwards. Also when it was seen as a good event to host you had all the bidding to see who was willing to spend most on it.

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                • #9
                  I will host the olympics in my backyard. Everyone bring their own BBQ and beer.

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                  • #10
                    Originally posted by Teallaura View Post
                    Um, why are they so over built? Is it like a requirement thing or just excessive bidding?
                    Each potential venue has to "sweeten the pot" over the already excessive minimum requirements to win the bid. It looks like the winner has to be bad at math.
                    "Neighbor, how long has it been since you’ve had a big, thick, steaming bowl of Wolf Brand Chili?”

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                    • #11
                      Originally posted by Cow Poke View Post
                      Each potential venue has to "sweeten the pot" over the already excessive minimum requirements to win the bid. It looks like the winner has to be bad at math.
                      That was kinda what I figured.

                      "He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot


                      "Forgiveness is the way of love." Gary Chapman

                      My Personal Blog

                      My Novella blog (Current Novella Begins on 7/25/14)

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                      • #12
                        Originally posted by Paprika View Post
                        As the Olympics are supposed to be the pinnacle of competitive sport, top-class sports facilities are required eg stadiums and swimming pools; all these usually have to be built from scratch and are often underused afterwards. Also when it was seen as a good event to host you had all the bidding to see who was willing to spend most on it.
                        Okay.


                        So, why do they all have to be in the same place, now, I mean?

                        "He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot


                        "Forgiveness is the way of love." Gary Chapman

                        My Personal Blog

                        My Novella blog (Current Novella Begins on 7/25/14)

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                        • #13
                          Originally posted by Teallaura View Post
                          Okay.


                          So, why do they all have to be in the same place, now, I mean?
                          Because there's the tradition of orgies living together in one village as a symbol of brotherhood!

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                          • #14
                            They can't just use wifi like everyone else?

                            "He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot


                            "Forgiveness is the way of love." Gary Chapman

                            My Personal Blog

                            My Novella blog (Current Novella Begins on 7/25/14)

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                            • #15
                              If it is such a lucrative marketing opportunity, the Olympic committee should be paying the countries to build the stadiums and host them.


                              Also, why don't they just reuse the olympic settings in countries that have previously hosted the olympics?

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