Rio Games are an Olympic economic disaster

Judging from the disastrous news surrounding the Rio de Janeiro Olympics, the best thing that could happen to Latin American countries—or perhaps to all countries that apply to be hosts of future Olympic Games—is to lose their bids, and save themselves from a monumental waste of money.

The Rio Olympics, the first to be held in South America, may go down in history as an economic fiasco and a public relations embarrassment.

It’s no wonder that 63 per cent of Brazilians said the