Vancouver taxpayers on hook for $1-billion as most Olympic Village units unsold

Discussion in 'Economy' started by Modbert, Sep 9, 2010.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    Vancouver taxpayers on hook for $1-billion as most Olympic Village units unsold

    We saw it happen in Greece on a larger scale, and now we see it happening in Canada.

    Going forward, countries really need to think about just how much not only they are willing to invest in these games but whether it is feasible economically.
     
  2. California Girl
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    California Girl BANNED

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    The Brits are gonna love this. Oops.
     
  3. xotoxi
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    xotoxi Platinum Member

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    Goddamn liberals!
     
  4. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Greece's problems were not caused by The Olympics. They may have played a small role - but they are not a major factor in how their economy has cratered.

    The high estimate for the cost of the Athens Olympics is 15B Euros. Their total debt is projected to reach close to 300B Euros this year.
     
    Last edited: Sep 9, 2010
  5. Mini 14
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    Mini 14 Senior Member

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    Wow!

    When did Canada buy Vancouver?!?!
     
  6. Baruch Menachem
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    Baruch Menachem '

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    We have one, they have one.


    Ours is better
     
  7. Charles_Main
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    Charles_Main AR15 Owner

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    Not surprising. Save for a few notable exceptions. the Olympics have a long history of ending up a economic disaster for the Host countries.
     
  8. Charles_Main
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    Charles_Main AR15 Owner

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    I love it, people trying to blame the problems in Greece, Caused by Massive Social programs. were the fault of 15Billion spend on the Olympics.

    To rich.
     
  9. Modbert
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    Modbert Daydream Believer Supporting Member

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    It's a good thing I didn't say that then.
     
  10. Modbert
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    Modbert Daydream Believer Supporting Member

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    I love it when fear mongers hijack threads, take things that were said out of context and make the thread political. Oh wait, no I don't.
     

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