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hosting the olympics

Do you think that only rich countries should host the olympics.

I know somebody in Brazil and she says most people there are against having the olympics because there are alot of poor people in Brazil, the economy is in bad shape and they think the money could have been better spent on things like education and healthcare.
Also they are not exactly doing a very good job of things so far either seems to be one screw up after another.

Other poor countries like Greece they put on a good show in the end but they got into a ton of debt to finance them.
England, America and the traditional richer countries who host the olympics traditionally put on a very good show and they can afford to do it so should the olympics only go to the rich countries?
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TexasGrandpa

I am sure that a big chunk of Greek debt that is currently destroying their economy came from borrowing money to host the olympics.