The Olympics are often used in economics classes as case studies on how stadiums and big government spending ruins parts of cities. Crime and income disparity around stadiums go through the roof, tax receipts fall while expenditures rise - basically, they are so bad that their continued existence is proof of corruption. Of course they don't say that outright, but it's strongly implied.

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I meant watch the athletics on display, not the fiat ponzi!

People actually watch them?

Not the sports ball, but the other stuff is impressive!