Tokyo Olympic Games, the sudden epidemic, so that they had to accept the arrangement of empty venues, in addition to the empty field, because of the epidemic, the Japanese Olympic Organizing Committee expected the economic revival of tourism, hotel industry and other industries, has also become a bubble, according to media reports, originally expected to make a profit through the Tokyo Olympic Games, Japan finally lost 150.7 billion yuan because of hosting the Tokyo Olympic Games.
However, the situation of the Tokyo Olympics is not the most tragic, after all, this loss is the overall loss of Japan, and when it comes to paying the most tragic price for the Olympic Games, it is still necessary to talk about the 1976 Monterey Olympic Games in Canada.
In 1976, Monterey and Los Angeles, Moscow, and Florida bid for the Olympic Games together, and in order to bid for the Olympic Games, Monterey shouted the slogan of hosting delegations for free food and lodging and hosting the most simple and perfect Olympic Games so that they finally won.
The olympic bid was successful, but Monterey's troubles came, their population was only 3 million, their financial resources were limited, but the stadium needed to be modified, the hotel needed to be renovated, Monterey soon found that their budget of 120 million US dollars was not enough, but at this time they were already riding the tiger, after all, the Olympic Games could not be refunded unconditionally for seven days.
Because of the lack of funds, monterey Olympic venues have been repeatedly striked and workers have marched many times, which has forced the city to increase its budget again and again.
With a total of $120 million in qualifiers, Mundra ended up spending 15 times more than the qualifiers for the 15-day Olympics, spending $1.596 billion for the 15-day Olympics, while they ended up getting just over $500 million in return, which also left the city with $1 billion in debt.
As we all know, Canada and the United States are the same, and his state and city are autonomous, which also means that the debt needs to be repaid by Monterey itself by taxes, but Monterey only has 3 million people, which also makes this time to pay off the debt longer.
It is reported that in order to pay off the debt, Montreux is exhausted by various methods, the most important of which is that they have raised the tobacco tax, and the increase in tax revenue has also made the residents of Monterey complain, fortunately, after 32 years of efforts, in 2006, Monterey Finally filled in this hole, but because of this encounter, Monterey City is also talking about the Olympic Games, and there is no longer the slightest idea of hosting the Olympic Games. However, to some extent, today's Olympic Games are also encountering the dilemma of Monterey, if the commercial value of the Olympic Games cannot be improved, perhaps the hosting of the Olympic Games will become a big problem in the future.
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