x10003q
Well-known member
- Joined
- Jul 21, 2020
No thank you.
ORDA has already proved to be a gigantic money sucking boondoggle. Besides, ORDA, NYC, NYS do not have the spare funds needed to payoff the decision makers on the International Olympic Committee.
After a handful of people get richer, this is what happens:
https://www.nytimes.com/2022/02/27/world/asia/south-korea-pyeongchang-olympics.html
or the Governments are left holding the bag of huge debt:
ORDA has already proved to be a gigantic money sucking boondoggle. Besides, ORDA, NYC, NYS do not have the spare funds needed to payoff the decision makers on the International Olympic Committee.
After a handful of people get richer, this is what happens:
"Pyeongchang Still Awaits Its Olympic Payoff"
"One of South Korea’s poorest regions hoped that hosting the 2018 Games would bring tourists and prosperity. It hasn’t really happened."https://www.nytimes.com/2022/02/27/world/asia/south-korea-pyeongchang-olympics.html
or the Governments are left holding the bag of huge debt:
What’s the payoff to hosting the Olympics? - Marketplace
The Tokyo Olympics is likely to lose money for Japan — potentially in the billions. But they’re not the only host city to do so.
www.marketplace.org