Brazil: Strapped for Cash, Olympic Stadiums in Ruins

Posted on February 20, 2017 • Filed under: Brazil, Economy reported Brazil’s $12 billion Olympic legacy lies in ruins: Five months after the Rio Games, stadiums are crumbling as cash-strapped nation is left with crippling debts

Shocking pictures show arenas used during the Olympic and Paralympic Games last year in disrepair
An estimated $12billion was spent on the Games, with nearly the same being spent on the 2014 World Cup
Brazil is facing a huge economic crisis, with public sector workers going unpaid and facing wage cuts
There is a growing anger in Brazil over the amount spent on the sporting events at a time of recession By Dave Burke For Mailonline Read Full Article

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