Norman Pagett
1 min readAug 18, 2016

that explains what will happen in Rio post Olympics.

In 2004, the Greeks staged the Olympics, the venues now lie derelict and Greece is broke, They borrowed $11Bn to do it, with a population of 11 million — a very neat figure.

But this is not confined to Greece.

Building massive projects across the world in order to “create prosperity” just isn’t working, but still the building goes on, because the science of economics says it should

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