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5 Things The Media Isn’t Telling You About The Olympics

Published on August 11, 2016 by   ·   1 Comment



 This year’s Olympics have a particularly romantic setting: Rio de Janeiro.

In the 1950s and 60s, Rio’s most prominent artists were international stars, which made the popularity of “Bossa Nova” the perfect opportunity for Brazilians to share their culture and approach to life with the world. But throughout the following decades, Brazil changed considerably in the eyes of foreigners. It became the land of corruption,misery, police brutality, and a savage drug war, which was partially responsible for over 60,000 homicide cases in 2014, alone.

But as athletes from all corners of the globe compete in the Olympic spirit, news outlets forget about the country’s problems.

Here’s a rundown of the five most concerning issues facing tourists, athletes, and Brazilians themselves during this year’s leading international sporting event.


On May 10, 2016, disgraced then-president Dilma Rousseff signed a bill into law that prohibits individuals from holding political protests in publicly-owned stadiums — where all Olympic games are currently being held. While some protesters claim this policy was designed by the interim president, former Vice President Michel Temer, the law is actually a product of Dilma’s time in office. Citing Article 28 from Law 13.284, police officers are now asking protesters to either leave the stadiums or destroy any material they are using to protest politicians while watching the games.

Recently, Al Jazeera reported on a group of protesters threatening to blow out the Olympic torch. They are protesting the cost of the games, among many other issues.

In addition to the Games’ $12bn price tag,” Al Jazeera reported, “anti-torch protesters are calling for more accountability from elected officials after a massive corruption scandal focused on the state oil company ensnared dozens of high-level politicians.”

A man whose unsuccessfully attempted to extinguish the torch claimed he did so because he is “against the current president, and the ‘coup.’”  But according to a group of torch-blowing protesters who used Facebook to organize their events, the idea behind the “prank” is not only focused on Temer. The protesters intend to “show Brazil and the world that we are unhappy with the current political and economic situation in the country, where WE do not want these OLYMPICS.[sic]


The state of Rio de Janeiro is expected to have a deficit of BR$19 billion by the end of the year, a projection that prompted the Olympics’ host government to issue an emergency state “decree” in June — nearly two months before the event — publicizing “the abnormal situation” in an official manner. In April of this year, the state had already reported its public deficit equaled 201% of its annual revenue — a much higher rate than what is legally allowed, as reported by Globo, one of Brazil’s most popular news organizations. Despite the financial disaster, the games weren’t canceled. According to Zurich University senior research fellow, Christopher Gaffney, “Rio will be in debt for the next 10 years following the 2014 World Cup and this month’s Olympics.

But Rio’s problem is Brazil’s problem.

Moddy’s Investors Service recently cut the country’s investment-grade rating to “junk,” And with an over $706 billion national debt, Moddy’s reports, “progress in fiscal consolidation will be slow, and economic growth anemic, for the next two to three years.”

According to Mises Institute’s Leandro Roque, the current negative economic outlook in the country — and more specifically in Rio — has a lot to do with the expansion of easy credit policies. This has given the federal government the power to “print money” out of thin air and make the cost of consumer goods go up, hurting the poor and the middle class. But that’s not all that has hurt members of lower income brackets in the country.

During the preparations for the Olympics, hundreds of residents were forcibly removed from their homes simply because they were located near a stadium built for the games.

Read More HERE

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Readers Comments (1)

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