True costs of Tokyo 2020 to come after five-ring circus leaves town

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Japan's Deputy Prime Minister Taro Aso really had it right last year when he called Tokyo 2020 the "cursed" Olympics. What seemed at the time just another foot in the mouth of a politician notorious for gaffes now feels like an understatement as Japan Inc. abandons these Titanic Games.