Are the Olympics ever Skipped?

The Olympic Games not only convey together elite athletes to compete on a world stage; in addition they give host nations a technique to showcase their nations to the world. The trick is to throw the world's largest celebration without going bankrupt in the process. Hosting the Olympics is a financially risky proposition, one which begins a decade earlier than the events are actually held. Cities compete to convince -- first their own international locations, then the International Olympic Committee -- that they're the best venue: Safe, with handy transportation, plus environment friendly and elaborate infrastructure. The method is not cheap. But even one of the best-laid plans seem to end with skyrocketing costs. Perhaps underestimating expenditures is an Olympic tradition, too. It certainly appears that approach while you take a look at our chronological list of Olympics that broke the financial institution, starting with the very first one. In April 1896, Athens, Greece, hosted the first Olympic Games of the trendy era. And almost misplaced all the pieces in the method.

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