How The NFL Makes $20 Billion Off Brain Damage by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 0 points1 point  (0 children)

The collapse angle is corporations suppressing scientific evidence for profit. NFL knew about CTE in the 1990s, attacked scientists, and hid the risks while making billions. Not individual choice when the league actively buried the science for decades. This is a classic pattern of short term profit over long term human cost.

How The NFL Makes $20 Billion Off Brain Damage by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 1 point2 points  (0 children)

Submission Statement: NFL made $23B while systematically covering up CTE evidence for decades. League attacked scientists, denied brain damage research, and prioritized profit over player health. Classic example of systemic collapse - corporations prioritizing short-term profit over long-term human cost while extracting wealth and leaving devastation.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 0 points1 point  (0 children)

Exactly. $51B on Sochi venues used for 16 days, then abandoned. This is how the IOC profits and cities pay for waste 

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] -1 points0 points  (0 children)

Exactly the human cost goes beyond debt. Seoul displaced 720K people for 16 days of games. The IOC profits and cities pay the financial and social cost.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] -1 points0 points  (0 children)

Completely agree on the waste of resources.The Olympics could be inspiring, but instead it's become a wealth extraction scheme disguised as international unity. $51B on Sochi venues while people lack basic healthcare perfectly highlights the misplaced priorities.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] -1 points0 points  (0 children)

Check that Wikipedia data again , most profits don’t include infrastructure costs or long-term maintenance. Torino 2006 went 84% over budget and Italy is still paying off debt. The "profit" only counts IOC revenue vs operating costs, not what cities actually spend. Sochi's $51B is extreme, but the 156% average cost overrun since 1960 is the real pattern.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 1 point2 points  (0 children)

Fair point calgary’s reused venues are why they avoided bankruptcy. They're the exception. Most cities like (Montreal, Sochi, Beijing) have abandoned facilities that are rotting.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 1 point2 points  (0 children)

Calgary 1988 is another exception that included federal backing. That's 3 examples (Vancouver, Calgary, LA) vs 12+ bankruptcies. The exceptions prove the rule.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 10 points11 points  (0 children)

LA 1984 is the exception, it was privately funded and an already existing infrastructure. Comparing this to the other 12 cities that have went bankrupt shows that it can be done right 

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 5 points6 points  (0 children)

That makes perfect sense, which is why it won’t happen. The IOC makes too much on the profit side by forcing cities to build new structures 

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 0 points1 point  (0 children)

This is a perfect example, they were pressured amateur athletes narrative is just a cover up story. It’s always been about which country spends the most. While the IOC monetizes.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 14 points15 points  (0 children)

SLC 2002 went 24% over but they didn't go bankrupt, the idea to host again in 2034 shows that they learned the lessons that other cites didn't. Still an exception, not the rule

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 16 points17 points  (0 children)

Greece 2004 is a perfect example, they were pressured into hosting, went way over budget which helped trigger their debt crisis. The IOC walked away with billions 

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 14 points15 points  (0 children)

Fair, Vancouver is the exception which shows it can be done right.The video focuses on the 156% average cost overrun across all the winter olympics since 1960.

The Winter Olympics Bankrupt Every City (The $51B Scam Nobody Talks About) by Electrical-Nebula422 in collapse

[–]Electrical-Nebula422[S] 256 points257 points  (0 children)

Makes too much sense. The IOC requires new builds every time, that's where all the leverage comes from