JULY 29, 2021 17:05:20SOURCE: FINANCIAL CHAIN TALKWHO IS THE MOST EXPENSIVE OLYMPIC GAMES IN HISTORY?ON THE 23RD OF THIS MONTHTHE WALL STREET JOURNAL HAS PROVIDED THE ANSWERUNDER THE IMPACT OF POSTPONEMENT, VENUE CONSTRUCTION AND COVID-19 EPIDEMICBUDGET FOR THE JAPANESE OLYMPIC GAMESIT HAS INCREASED FROM THE INITIAL BID OF 7.4 BILLION US DOLLARSSOARING TO $15.4 BILLIONEVEN SOME AUDIT EXPERTS PREDICTTHE TOTAL COST OF THE TOKYO EVENT WILL ULTIMATELY REACH 26 BILLION US DOLLARSEQUIVALENT TO TWICE THE AMOUNT OF THE 2016 RIO DE JANEIRO OLYMPICS (13.7 BILLION US DOLLARS)10 TIMES THE SIZE OF THE 2004 ATHENS OLYMPICSIT IS THE MOST EXPENSIVE OLYMPIC GAMES IN HISTORYWHERE DO THE HIGH EXPENSES MOSTLY COME FROMAPART FROM THE COST INCREASE CAUSED BY THE POSTPONEMENT OF THE EVENTAND 8 VENUES WITH A COST OF 3 BILLION US DOLLARSI'M AFRAID MOST OF THEM WERE 'GREEDY'AT THE END OF MARCHDAILY NEWS REVEALS OUTSOURCED OLYMPIC WORKERSBLACK MATERIAL WITH A DAILY WAGE OF 300000 YENLATER, TBS WAS EXPOSED AGAININTERNAL STAFF OF THE OLYMPIC COMMITTEE SAY THAT ONE PERSON CAN HOLD DIFFERENT POSITIONS AT THE TOKYO OLYMPICSTHE NEWS IS THAT LABOR COSTS CAN REACH UP TO 800000 YEN PER DAYTHIS IS EQUIVALENT TO NEARLY 50000 YUAN IN INCOME PER DAY WHEN CONVERTED INTO CHINESE YUANYOU CAN ROUGHLY UNDERSTAND IT AT A GLANCE LIKE THISREFEREES FOR MULTIPLE COMPETITIONS THIS YEARWHY ARE THERE WIDESPREAD ISSUES WITH VISION AND INTELLIGENCEAS LONG AS THE MONEY IS IN PLACEYOU CAN WIN THE CHAMPIONSHIP WITH A BACKFLIP FROM TOKYO TO OSAKATHIS IS NOT OVER YETTWO DAYS AFTER THE NEWS BROKEDIRECTOR OF THE ACCOUNTING DEPARTMENT OF THE OLYMPIC COMMITTEE, YASUSHI MORITANI, COMMITTED SUICIDERUMORS OF CORRUPTION HAVE STARTED TO SPREAD WIDELYBUT DO YOU THINK PERSONNEL COSTS ARE THE BIG PART?ACCORDING TO THE KOREAN MEDIA "MONEY TODAY" REPORTTHE UNIT PRICE OF CARDBOARD BEDS PURCHASED BY THE JAPANESE OLYMPIC COMMITTEE IS 200000 YENAPPROXIMATELY RMB 11854THE PRICE OF CARDBOARD BEDS PURCHASED BY THE OLYMPIC COMMITTEE ISHOWCOME AND EXPERIENCE THE PRICE GAP BETWEEN INTERNATIONAL CITIES AND LANGFANGIN ADDITIONTHE OLYMPIC VENUES ARE MANAGED BY ADVERTISING AGENCIES COMMISSIONED BY THE JAPANESE OLYMPIC ORGANIZING COMMITTEETHE COMMISSION FEE FOR ONE VENUE IS 3.5 BILLION YEN10% OF THE FEE WILL BE PAID AS A MANAGEMENT FEE TO THE ADVERTISING AGENCYAND ALTHOUGH THESE VENUE CONSTRUCTION PROJECTS ARE PUBLICLY TENDEREDBUT IN THE END, ONLY NINE COMPANIES WON THE BIDIF OTHER COMPANIES WANT TO PARTICIPATE, THEY HAVE TO "SUBCONTRACT AGAIN"NOT ONLY DO WE NEED TO PAY "AGENCY FEES" TO THE WINNING BIDDERTHEY CAN'T EVEN GET A SHARE OF THE 10% MANAGEMENT FEE FROM THE OLYMPIC ORGANIZING COMMITTEEALL 9 WINNING COMPANIES HAVE BEEN AWARDEDFOR EXAMPLE, THE WINNING BIDDER PASONA COMPANYLAST YEAR, THE REVENUE SURGED BY 65%DIVIDEND OF 17.5 BILLION YENAND ONE OF THE DIRECTORS OF THIS COMPANYIT WAS HIRAZO TAKENAKA, WHO SERVED IN THE KOIZUMI CABINET BACK THENTHE COMBINATION OF THE POLITICAL POWER OF FINANCIAL CONGLOMERATE XTHERE ARE ALSO DENTSU COMPANIES SCATTERED THROUGHOUT EVERY CORNER OF THIS OLYMPIC GAMESTHE OLYMPIC ORGANIZING COMMITTEE HANDED OVER 16.5 BILLION YEN IN OPENING CEREMONY FEES TO DENTSUCREATIVE DIRECTOR HIROSHI SASAKI, HOWEVER, STATED THATI ONLY RECEIVED A BUDGET OF 1 BILLION YEN MYSELFWOW, THIS CORRUPTION IS RAMPANTDO YOU HAVE THE COURAGE TO HOST THE OLYMPIC GAMES WELLTHE COURAGE TO BORROW THE NAME OF THE OLYMPIC GAMES TO MAKE MONEY IS REALLY GREATNO WONDER TAKESHI KITANO CURSED AT THE OPENING CEREMONY AND SAID——RETURNING THE MONEY IS REALLY TROUBLESOMETHE OPENING CEREMONY WAS SO SHAMEFUL THAT I HAD NO FACE TO GO ABROADOH, YESBY THE WAYTHE PUBLIC RELATIONS FOR FUKUSHIMA NUCLEAR WASTEWATER ARE HANDLED BY THIS DENTSU COMPANYFOR EXAMPLE, THOSE "TRITIUM" MASCOTS AND SO ONI KEEP PULLING MY HIPS HORIZONTALLYIN ADDITIONWHAT ARE THE EFFECTS OF HIGH EXPENSES?FIRST IS THE HOME STADIUMFROM THE BEGINNING OF THE SCI-FI STYLEREPLACED WITH TOILET SEATTHE CREATIVE TEAM ORIGINALLY CENTERED AROUND MIKIKO HAS BEEN DISBANDEDREPLACED WITH THE "RELATED ACCOUNT" SASAKIMOVED BY THE OLYMPIC COMMITTEEPERFECTLY INTEGRATING THE LATEST TECHNOLOGY WITH HUMAN PHYSICAL PERFORMANCETHE OPENING CEREMONY PLAN IS METICULOUSLY CRAFTED, POURING LIFE INTO EVERY SCENEIN THE END, IT BECAME A LARGE HAUNTED SCENEEVERYWHERE IS FILLED WITH A SENSE OF CHEAPNESSAT THE END OF JUNELESS THAN A MONTH BEFORE THE START OF THE OLYMPICSTHERE ARE STILL VOLUNTEERS WHO CANNOT GET VACCINATEDTHE TORCH THAT CARRIED THE SACRED FLAME WAS EXTINGUISHED TWICE;WATER POLLUTION IN TRIATHLON COMPETITIONSSEVERE EXCEEDANCE OF ESCHERICHIA COLICAUSING THE ATHLETE TO VOMIT AFTER THE COMPETITION;THERE IS ALSO THE 'NUCLEAR POWERED CATERING' THAT INSISTS ON USING FUKUSHIMA FOODFOR EXAMPLE, HONEY THAT WAS JUST DETECTED TO HAVE EXCESSIVE LEVELS OF RADIOACTIVE CESIUM YESTERDAYFORCING MULTIPLE PARTICIPATING DELEGATIONS TO DECIDE TO BRING THEIR OWN INGREDIENTS——INCLUDING THE US DELEGATION, WHICH HAS HIGH EXPECTATIONS FROM THE JAPANESE GOVERNMENTI ALSO BROUGHT BACK ABOUT 33 TONS OF FOOD FROM HOMEAPART FROM THE EXTREME COST COMPRESSION OF "THROTTLING"THE JAPAN OLYMPIC COMMITTEE ALSO LEARNED ABOUT "OPEN SOURCE"——RETRIEVE THE LOST MONEY FROM THE ATHLETES AND MAKE UP FOR ITJULY 20THFRENCH JOURNALIST COMPLAINED ABOUT THE POOR FOOD IN THE OLYMPIC VILLAGE ON THE SOCIAL PLATFORMAND THE PRICE IS TOO EXPENSIVEADDITIONALLY, ATHLETES WANT TO USE THE TELEVISION AND REFRIGERATORADDITIONAL FEES ARE REQUIRED;COCA COLA IN VENDING MACHINESTHE SELLING PRICE IS TWICE THAT OF THE OUTSIDE;BEER PAIRED WITH THE PACKAGEIT COSTS 1600 YEN;TAKE PHOTOS WITH THE MASCOTCHARGE 5000 YEN;THIS ORGANIZER IS SCRAPING THE GOVERNMENT'S PROFITS AND LOSSESPLUCKING THE WOOL OF ATHLETES AND JOURNALISTSI HAVE TO MAKE A LOT OF MONEY TO EARNBUT COMPARED TO THE VARIOUS' LEGAL 'INCOMES OF AGENTSTHE OLYMPIC ORGANIZING COMMITTEE WILL SUFFER MUCH MOREFIRSTLY, IT IS DUE TO THE EPIDEMIC SITUATIONTHE ORIGINALLY EXPECTED TICKET PRICE OF 90 BILLION YEN HAS DROPPED TO SEVERAL BILLION YENTHE ONLY HOPE FOR THE OPENING CEREMONY RATINGS IS THE VIEWERSHIP RATINGTHE SAME SIGNIFICANT DECLINEACCORDING TO US MEDIA REPORTSNBC BROADCAST ONLY WATCHED BY 16.7 MILLION PEOPLELOWEST LEVEL IN 33 YEARS37% LOWER THAN THE RIO OLYMPICS59% LOWER THAN THE LONDON OLYMPICSIN ADDITION, IT IS HELD IN AN EMPTY VENUERESULTING IN ALMOST ZERO RELATED TOURISM, ACCOMMODATION, AND TRANSPORTATION REVENUETHE HUGE ON-SITE ADVERTISING AND MARKETING HAVE BASICALLY LOST EVERYTHINGSPONSORSHIP REVENUE HAS ALSO SIGNIFICANTLY DECREASEDTHIS OLYMPIC GAMESORIGINALLY EXPECTED BY JAPAN——USING POST DISASTER RECONSTRUCTION AND URBAN REVITALIZATION AS PROMOTIONAL SLOGANSCALL THE TOKYO OLYMPICS THE 'RECONSTRUCTED OLYMPICS'NAMING THE OLYMPIC TORCH THE 'FIRE OF REJUVENATION'EVEN IF 80% OF JAPANESE CITIZENS WISH TO POSTPONE OR CANCELBUT IT IS STILL BEING HELD WITH GREAT FORCEBUT THE TWO EXTINGUISHMENTS OF THE SACRED FLAMEIT SEEMS TO FORESHADOW THE OUTCOME OF THE HOST COUNTRY OF THIS OLYMPIC GAMESJAPAN, WHICH HAD BEEN TRYING TO REVERSE NEARLY A DECADE OF ECONOMIC FATIGUE, WAS ATTEMPTING TO DO SONOW THERE'S ONLY CHICKEN FEATHERS LEFT ON THE GROUNDJUST THIS' CARNIVAL 'THAT LOST ALL ITS MONEYI PAID FOR ITBUT THEY ARE JAPANESE CITIZENS WHO PAY TAXESBUT IT'S THE CAPITAL AND TYCOONS BEHIND THEMIN THIS ABSURD FARCEMAKE A LOT OF MONEY－ END －SMALL FINANCIAL CHAIN TALKPHOENIX FINANCE CHANNEL 2 COLUMN, AN INDESCRIBABLE PROFESSIONAL TEAM313 ORIGINAL CONTENT ARTICLESOFFICIAL ACCOUNT