Like me, I bet you can’t wait for the Winter Universiade Games in 2019 in Krasnoyarsk. What? You’ve never heard of these games? In truth, neither have I. But the Russian government announced last week that it was planning to spend $492 million to host these games, and the local government in Krasnoyarsk said it would spend another $200 million on them. When the final bills come due, we can expect the costs for these games to balloon into billions of dollars.For the 2014 Winter Olympics in Sochi, Russia spent more than $50 billion on construction and preparation, most of …read more
Source: The American Interest
