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At this point financial disaster would be if you had to pay the cost of the olympics the next years, not if you have already paid that. The sure thing is that only a small portion of the money will return in the form of generated revenues, so from the view of investment it wasn't that great. The decrease of army expenses the last years covers the largest part of the cost. I would say the upcoming unemployment is the serious worry since approximately 100k people that have been working for the olympics they'll stay with no work.
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