It’s a great scene from the movie Sunset Boulevard. William Holden, playing an unemployed screenwriter, stumbles into a woman’s mansion while attempting to avoid some bill collectors. They make some small talk, and Holden realizes he’s seen the woman before.

When ABC News revealed that the U.S. Olympic team's opening ceremony uniforms were made in China, the public rallied in outrage. In a rare moment of bipartisanship, members of Congress took to the podium, denouncing the "Made In China" label as offensive to all things American.

Not since the end of World War II has London spent so much time in the global limelight—a testament to the power of the Olympics and the economic boon the Games can represent.