A legacy of crisis: Rio after the olympics

[Chantique]

The state of Rio—as well as the city itself—was broke before the Games began. Rio's revenue greatly relies on the price of oil, thanks to reserves tapped in the late 2000s. When global oil prices plummeted, Rio's cash flow dried up, and so did that of the biggest company in Brazil, Petrobras, the federally-owned oil company that has its headquarters and many refineries and factories in Rio. Federal bailout funds that kept Rio functioning for the Olympics are long gone, and, thanks to tax breaks given out to sponsors and other Olympics-adjacent companies, the state failed to raise any revenue from the three-week festivities. Today, the state owes some $31 billion to various creditors, including the federal government.

Petrobras is also at the center of a massive corruption scandal dubbed Lava Jato, "car wash," which involves more than $2 billion in bribes and kickbacks, some of which relates to the Olympics. Brazil's largest construction company, Odebrecht, is also central to Lava Jato. It oversaw more than half of the Olympics' building contracts and had its own bribery department to handle such affairs.

https://sports.vice.com/en_us/articl...r-the-olympics

A few pictures of the infrastructure built for the olympics completely abandoned:






















If there is anybody from england here, could you tell us, do the olympics brought any benefits to London? For what i have seen, most of the cities that hosted the olympics never made to properly use all the infrastructure built after the event.

Why the countries are so eager to get a chance to host the olympics when most of the time there is no relevant benefits to the country?

[Unforgivenn]

well.. i am from brazil, and i would say mostly people didnt want the olympics and neither world cup to be hosted here.

everyone know that this would happen, not to say the overpriced construction, which a lot of politics stolen money from the people.

and now, with all the money went to the olympics and world cup, the state is now broken and cant pay for essentials services, like medical care, police and a lot others.

[Dareous]

Calgary Alberta Canada uses parts of its Olympic park from when it hosted the event back in the day. They are also looking to put a bid in to bring it back.

[Deleted]

shit tier country is shit tier shocker

infracted - trolling

[Allybeboba]

Awful close to a nation bashing thread.

[Kujako]

The Olympics are like locus swarms. Will be interesting to see how Japan handles it.

[monkmastaeq]

Pretty much everyone knew that this was going to happen though, very sad. Like the soccer stadium that was only being used for a few games in the middle of nowhere?

[breadisfunny]

curious as to why the carpeting in the second picture is slightly askew/ripped up like they started taking it apart and then decided "nah this is too much work let's just go home."

[minteK917]

No fuck shit, third world countries should never be allowed to blow this much money on olympics, while their economy are in the toilet. Who was gona use any of these infrastructure afterward? A first world country usually take the opportunity to build things they will use. As much as montreal got shit for its ridiculously complex and expensive stadium, its still used now.

[Azadina]

curious as to why the carpeting in the second picture is slightly askew/ripped up like they started taking it apart and then decided "nah this is too much work let's just go home."

Most likely workers going home because they're already owed several months pay, and no one wants to pay it.

[Leadsop]

The problem isn't that the Olympics is bad for a country.

The problem comes when a country goes completely ball-out to build infrastructure they DON'T HAVE for the Olympics, and then fail to use any of it afterwards.

Rio is clearly in that boat. Big mistake.

Los Angeles? Great. They have everything they need already built.

[caervek]

This happens in pretty much every country that doesn't demolish/transform it's Olympic stuff.

IMO there should be a fixed Olympic venue in Greece and the games should be held there each time. People watch the games primarily to cheer on their countries athletes not to see silly opening shows, but if need they could just let a different country handle the opening event each year.

[minteK917]

Calgary Alberta Canada uses parts of its Olympic park from when it hosted the event back in the day. They are also looking to put a bid in to bring it back.

All the Canadian hosted olympics had a decent effort made to reuse everything. Most the 1976 olympic turned into museums, the olympic stadium is still used, part of it are natural museums. Those huge square shapped buildings are now condos.

[FireVoodoo]

Meanwhile Russia turned its winter Olympics objects into major tourist attractions.

Thanks to sanctions internal tourism is booming:

[minteK917]

Meanwhile Russia turned its winter Olympics objects into major tourist attractions.

Thanks to sanctions internal tourism is booming:

To be fair countries like brazil should simply never have been allowed to host. Its corrupt as fuck and its citizen are poor as hell and over taxed. They make china look like heaven.

[Deleted]

Completely expected, Brazilian's economy took a major dump with the fall of oil price, a stage when the Olympics were already planned. So, it would be a question if everyone continued as planned (being this the end result) and a full stop, leaving many places half built, and find a new country for the organization in two years.

- - - Updated - - -

To be fair countries like brazil should simply never have been allowed to host. Its corrupt as fuck and its citizen are poor as hell and over taxed. They make china look like heaven.

Brazil was allowed because their economy was one of the strongest at the time.

[Grimbold21]

That's even worse than Euro 2004 in Portugal

[Extremity]

I was under the impression that when a country hosted the olympics they generally built around existing infrastructure, such as utilizing their largest stadium but building stuff around that. Are these pictures implying this entire stadium was built PURELY for the games and had no other planned use? I mean what would you expect to happen in that case?

[Ealyssa]

Always the same when the olympics and world cups are given to poor countries. They cant handle it, are massively corrupt and let the infrastructure rot after the event because they are oversized and too costly to maintain.

As long as the corrupted IOC is let free this wont change.

[Deleted]

That's even worse than Euro 2004 in Portugal

Not even comparable. All stadiums in Portugal are still used, although not with large numbers, and maintained.