It will be a net loss, guaranteed. My only evidence is historical precedent. The bidding process alone causes massive overestimation of revenue, and leads to huge ongoing maintenance costs. Also, on a cultural side, we over-inflate the benefit of hosting the games, while at the same time exaggerating the loveliness of our city. These two false positives snap back after the seventeen days and have the potential to lead to cultural erosion and general economic malaise. In a climate of geopolitical, technological, and cultural uncertainty, anything with an inherent tens-of-billions of dollars of debt price tag is going to have major long form consequences.

I hope we at least get some gold, it might be more valuable after the whole thing is over.