Olympic Games are definitely a spectacle, but the cost of hosting an event the entire world will watch comes at a huge price.
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There’s one thing that’s hard to deny: since their debut in the modern era in 1896, the Olympic Games have been a big deal.
At least to the country that happens to be hosting an upcoming games – you’ll find an often negative response from former host cities, some of which faced devastating financial losses that sometimes leave them a debt exceeding the billion-dollar mark.
