The Paris Olympics is turning into a catastrophic financial flop (msn.com)



"In reality, the economic case for staging the Olympics has always been shaky. Even so, Paris is turning into a catastrophic financial flop, with tourists avoiding the city and travel slumping. It is about to kill the Olympic juggernaut stone dead..."

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Nothing new, has been that way for years. A site spend a lot of cash for excess facilities, security, supply chain and "promotional expenses" (read committee kickback graft etc) During the Olympics the host at best breaks even only to be left with very high maintenance costs on overbuilt facilities. Look back at past sites. The local economy cannot keep up and maintain the new stuff so they erode.

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A new broom always sweeps clean.

Well said, J149. Was going to say the thread title was misleading, no need to mention Paris, the rest of the title still holds true.

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I'll be in Paris late next month. Maybe i can get a good deal on all those surplus Olympic t shirts that will most likely be available.

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"Remember Red, Hope is a good thing. Maybe the best of things. And no good thing ever dies."  - Andy Dufresne, The Shawshank Redemption

I'll be in Paris late next month. Maybe i can get a good deal on all those surplus Olympic t shirts that will most likely be available.

... nothing more relaxing than doing a few laps across the Seine River to start the day in Paris.  Enjoy

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I'll be in Paris late next month. Maybe i can get a good deal on all those surplus Olympic t shirts that will most likely be available.

Haha, nice thinking! You might score some great deals on Olympic merch. Enjoy your Paris trip and happy bargain hunting

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I'll be in Paris late next month. Maybe i can get a good deal on all those surplus Olympic t shirts that will most likely be available.

Or you can just gear for the upcoming LA Olympics that go on sale periodically.

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