Indeed, the final cost of Brazil’s Olympic Games is estimated to have been around $12 billion. And the subject of public finances is particularly sensitive right now because the Brazilian economy is in a recession. So, with the Olympic legacy an apparent failure, how many Brazilians are wondering if the expense was worth it?
“The legacy is incredibly poor,” Theresea Williamson, director of Catalytic Communities, an NGO that works in Rio’s slums, told the Australian Associated Press (AAP). “Just like the boom here was more intense because of the Olympics, now the fall is more intense because of the Olympics. Everybody here is suffering right now, of all incomes and all stripes and colors.”