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Tokyo chosen to host 2020 Olympic Games | euronews,
Oh well.
I don't know if Japan should have made the bid for the olympics. The country is over 200% of its GDP in debt. if it loses it's AAA credit rating, the country will most likely default, and no, i'm not joking. And the downside is that the last 3 olympics haven't been profitable. Too much expenditure, too little profit.
Tokyo has been chosen as the host city of the 2020 Olympics. The Japanese capital, which is the world’s largest metropolitan area in the world and counts more than 13 million inhabitants, has already hosted the Summer Olympics once before in 1964.
Oh well.
I don't know if Japan should have made the bid for the olympics. The country is over 200% of its GDP in debt. if it loses it's AAA credit rating, the country will most likely default, and no, i'm not joking. And the downside is that the last 3 olympics haven't been profitable. Too much expenditure, too little profit.