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Do The Olympics Predict Economic Disaster?

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Manage episode 430184885 series 2780780
Kandungan disediakan oleh Economics Explained. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Economics Explained atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

For decades, hosting the Olympics has been seen as a prestigious opportunity to showcase a nation's success. However, history shows that these events often coincide with economic challenges. Russia hosted the 2014 Winter Olympics, facing economic decline shortly after. Brazil's economy stagnated following the 2016 Rio Olympics, and China's growth slowed during the 2022 Winter Olympics. With France facing economic tensions ahead of its upcoming Olympics and Australia slated to host in 2032, it's worth questioning whether these prestigious events are predictors of economic downturns. Could there be a connection, and are these multi-billion dollar projects worth the risk?

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  continue reading

245 episod

Artwork
iconKongsi
 
Manage episode 430184885 series 2780780
Kandungan disediakan oleh Economics Explained. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Economics Explained atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

For decades, hosting the Olympics has been seen as a prestigious opportunity to showcase a nation's success. However, history shows that these events often coincide with economic challenges. Russia hosted the 2014 Winter Olympics, facing economic decline shortly after. Brazil's economy stagnated following the 2016 Rio Olympics, and China's growth slowed during the 2022 Winter Olympics. With France facing economic tensions ahead of its upcoming Olympics and Australia slated to host in 2032, it's worth questioning whether these prestigious events are predictors of economic downturns. Could there be a connection, and are these multi-billion dollar projects worth the risk?

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

245 episod

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