Quote:
Originally Posted by Cappy
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Fun headlines. And people love to make these types of linear links.
But the Olympics were merely one shopping spree from a country that had decades of systemic indifference towards any kind of fiscal responsibility.
Using the numbers from one of your links, the Olympics may have cost more than $7B (others disagree because the tourism dollars are large and difficult to quantify).
Regardless, the debt (from the same article) sat at $350B. And that may understate it. Greece was a mess before the Olympics, and would be in exactly the same position right now, with or without them.
More to the point, my lol was in reference to the fact that first, you were making the argument that money is money. And then you called the Olympics the nail in the coffin for Greece.