Tuesday, August 26, 2014

Hosting the Olympics - A Cautionary Tale in Images

I came across this photo gallery of the facilities from the 2004 Olympic games in Athens, and it's disturbing how abandoned the venues look only 10 years later.


Greece spent an estimated $11 billion to build the facilities, most of which have not been used since the conclusion of the games. Now, it's hard for most countries to justify hosting the games, given the nearly certain negative return on investment.

To flip through the image gallery, click here.