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Economic Impact of Major Sporting Events
This chapter explores the financial consequences of hosting significant sporting events, emphasizing a study indicating that most host countries incur losses. It discusses the potential of such events to enhance a country's soft power and long-term economic growth, contrasting this with concerns over human rights issues in countries like Saudi Arabia. Additionally, the chapter touches on the relationship between rising public dissatisfaction in the U.S. and its implications for corporate earnings, particularly in the tech sector.