Tuesday, July 24, 2012

43 Signs That The London Olympics Will Be A Complete Disaster

London Oympics

This Friday the Summer Olympics will officially start — can London escape the "Olympic Curse"?

We've had months to consider the question, and we've come to a pretty conclusive answer.

No.

In fact, unless there is some miracle during the games, the London Olympics may be remembered as one of the most disastrous of recent years.

We've come up with 43 reasons that we think the Olympics will be remembered as a disaster, and trust us, the list could have been longer — we probably could have come up with dozens of reasons related to the IOC "brand police" or the G4S fiasco alone.

Barcelona is the one city in the last 30 years has had an unambiguously positive legacy from the games.

It revamped the city's waterfront.

(Source: Vanity Fair)



In some cases, the Olympics have been directly tied to economic disaster. The Greek budget ballooned to $11 billion, almost double initial estimates.

Many of the sites built for the games now sit unused and empty.

(Source: AP)



Economists hired to check the feasibility of the London Olympics thought it was a bad idea.

"The quantifiable evidence to support each of the perceived benefits for mega-events is weak".

(Source: Vanity Fair)



See the rest of the story at Business Insider

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