Out with the Olympics; It's Corona Time

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As The Corona continues to permeate throughout countries disrupting entire societies and economies, it comes as no surprise that the virus has affected the 2020 Olympics set in Tokyo for the summer. As of this week the Japanese Prime Minister Shinzo Abe, and the International Olympic Committee President, Thomas Bach, agreed to postpone the events. One Olympic official stated, “the celebratory mood of the Olympics had already been fading due to the coronavirus. Perhaps it would not have been fully welcomed if the Games had gone on as scheduled. We just need to start afresh”. While it seems only logical to postpone to games this uncharted territory for the IOC could lead to the ultimate detriment of the Japanese economy. With six-years of planning already being implemented, buildings constructed, and nuclear waste sites SUPPOSEDLY being decontaminated enough to be safe to compete near, it is clear that Japan has invested heavily into the 2020 Olympic and Paralympic Games. The postponement will cost equivalent to $2.7 billion, or 300b yen,  and has destabilized the volunteer force prepared to work the events. While the coronavirus has left everyone in a state of liminality, one question has been firmly defined in black and white. Tokyo will not be hosting the Olympics in the summer of 2020. Thanks Corona.

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