World Cup, Olympics Not Bringing Home the Bacon in Brazil

This can't be what Brazil expected or wanted to hear:

The 2016 Olympics will be no panacea for Brazil’s faltering economy if last year’s World Cup is any guide. Contrary to government projections, Brazil has failed to lure to its beaches and jungles many of the 3.5 billion TV viewers that followed the tournament. 

The flow of tourists to the country, which spent more to host the mega-event than any nation before it, has remained flat from a year earlier since the final match July 13, according to tour operators and an online search engine. Spending by foreign visitors fell 7.4 percent from August through November, compared with a year earlier, central bank data shows.

The golden rule of international sporting events, and for that matter building stadiums- only do it because you want them, not because it's going to make money. You won't make money unless you put other things around the stadiums, and raise the price tag on your project.