Why would anyone want to host the Olympics?

Why would anyone want to host the Olympics?
Why would anyone want to host the Olympics? (via The Economist)

TO TRIUMPHANT shouts of “banzai!” it was announced on September 7th that Tokyo would host the 2020 Olympic games. The city fended off not-especially-stiff competition from Madrid, whose chances were damaged by Spain’s sickly economy, and Istanbul…

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