The painful price of Tokyo

THE GAME OF MY LIFE – Bill Velasco (The Philippine Star) – March 6, 2021 – 12:00am The International Olympic Committee and Tokyo Organizing Committee are literally being forced to spare no expense to push through with the quadrennial spectacle. While effects of the COVID-19 pandemic are being mitigated by countries reopening and vaccine rollouts, there is still some hard-nosed pressure to scrap the Games. All of this has caused an eye-popping escalation of cost which will leave Japan and its reluctant citizenry holding the bag. Tokyo Olympic organizers estimate that they will spend more than d…

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HEDGE accordingly