telsor
Hall of Famer
If you mean 2014, Brazil was already in a shaky position financially before they hosted the World Cup, and there were many protests as they had to spend millions to build brand new stadiums and upgrade facilities, infrastructure amenities, etc. It cost them reportedly $40 billion to host the event, and there were accusations public funds were misused. That is why they are in recession, not because they hosted the event, but because they spent huge amounts of money they didn't have in order to do it. Any suggestion otherwise is unfair.
As I stated, it is estimated that we would make $35 billion dollars in our economy by hosting the event. I hardly see that as a bad thing.
Cost $40Billion, make $35Billion.....Remind me how this is a good thing?
(and remember, it would cost us more because we actually pay construction workers reasonably well and have safety standards).