Many people just watch the Olympics every four years and enjoy it. The Olympics is not just the event, is the complete progress of the event. It includes the planning, construction, and facilities for the city, and all of this concludes to a money pit. Yes, during the Olympics the city economy grows but this doesn’t pay all the costs that they had to pay. For example Montreal that hosted the Olympic Games at 1976 has just finished paying the stadiums. The cause for this money depression is mainly the stadiums, the sport venues and the housing facilities. Although the Olympics are a great marketing tool, it doesn’t pay the costs. The Olympics are not more than just a money expending event.
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