Olympics Continues To Waste Billions
From the New York Times, 2/28/22 – “South Korea spent at least $13 billion on the Games, with some experts projecting returns on this investment of $58 billion within 10 years. Local news outlets speculated that the Olympics could help Gangwon Province “emerge as one of the world’s major winter tourist attractions.” Yet on a recent visit to Pyeongchang, the distance from that vision and the present reality seemed immense, with Covid-related travel restrictions worsening what had already been a lackluster start to the county’s post-Olympics life.”
Don’t say we didn’t warn you!