Rio 2016 – Opening Ceremony
7 years was not enough for the country to have a realistic financial plan, at least for the opening ceremony L; forget the rest.
The Brazilian Govt stepped in 48 hrs. before the opening ceremony to fund millions of Reals…breaking its promise to their people that, ‘the govt will not fund the Olympics’.
The bid was won by Brazil during its commodity boom days.
A straight extrapolation of the country’s ‘Money Life’ then, got them into a bottomless pit today.
Today’s Money Life is ‘NOT’ Tomorrow’s Money Life.
Money Life Planning is not based on futuristic excel sheets.
It is based on ‘Dynamic Real Time Adjustments’ to the reality ‘in sight’.
Having a plan is good, but, being prepared for the worst is even better.