There seems to be a tremendous amount of hubris from the .01% that there won't be another recession. Built into this hubris is the feeling that IF there is another recession the taxpayers will again bail out the over-leveraged asset speculators / bond holders. That Vegas stadium is a frog on a hot plate waiting for the next recession. When, not if, there is the next recession, the tax revenue assumption that is being assumed to finance the debt on the stadium will crumble, forcing the local government to tax the citizenry to make up the difference. Just like Lake Meade's water table has dwindled over the past 30 years, Vegas will bleed residents as they inevitably are forced to raise taxes to cover the debt payments. I see the Vegas franchise folding in under a decade and moving to a more stable market. The Raiders foray into Vegas and the new stadium finance scheme is a classic example of casino capitalism run amok. I hope the Pegula's take a more prudent approach and utilize a cheaper retrofit or build a modest stadium in collaboration with local colleges, universities, the city, county, and state.