Quote:
Originally Posted by Enoch Root
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.
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Ill admit "nail in a coffin" was a poor choice of words, certainly. But, I dont think it changes the fact that the olympics were a piss poor investment just like everything else Greece spent their money on, and that many will point to the olympics to show this type of reckless spending is certainly damaging to a governments bottom line.
Oh its only 7 billion out of 350, doesn't make spending that money any better. neither does 7 million out of 350 million. Or 400 million out of 4 billion (calgary's 2015 debt)
I feel like its the same 6 people constantly arguing this issue, and Im not going to lie, its annoying.