By Steve Sailer
02/13/2010
How much of the Greek bankruptcy has roots in the expenses of the 2004 Summer Olympics (and the backscratching political deals within Greece to get funding for the Olympics)? How much of the oil price spike of the summer of 2008 had to do with the Chinese stocking up in anticipation of the Olympics?You would think it would be easy to make money on a sporting event where you don’t pay the athletes in anything except glory, but after the 1984 LA Olympics, which made a fortune by using old stadia, it hasn’t worked out like that.
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