Do The Olympics Help Or Hurt Their Host’s Economy?

The Olympics are, for the most part, a welcome two week distraction and one of the rare instances where the focus of the entire world is on one place at one time. The games give each country’s best and brightest the chance to prove they have what it takes to compete on a world stage. It gives the winningest athletes the chance to be recognized for feats the vast majority of us could never dream of achieving. However there is one place the Olympics falls short. Hosting the games does not bring the economic boon that is promised. Preparations by …

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