The 10 Billion Euro Paris Olympics Disaster

Guest Post by Martin Armstrong

The French are outraged by the amount of money their government has spent on the 2024 Paris Olympics. The government has already spent 9 billion euros on the games, but costs continue to grow daily, and it is now estimated that it will cost France at least 10 billion euros to host the games. There have been countless mishaps when building arenas that have multiplied costs. Parisians know that their city cannot hold the estimated 15 million visitors. Macron believes he is royalty, and hosting the Olympics has always been about boasting rights as it never results in a profit for the hosting country.

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