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Correction: I misspoke and said the Russian Ukrainian war was in 2021, when obviously it’s 2022.
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— “New Thinking” written by Dagogo Altraide —
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Sources:
https://www.bbc.com/news/world-61028138
https://timesofindia.indiatimes.com/world/south-asia/sri-lankan-economic-crisis-live-updates-15-may-2022/liveblog/91571184.cms
https://indianexpress.com/article/explained/sri-lanka-economic-crisis-explained-7849208/
https://www.bbc.com/news/world-asia-61434304
https://www.bbc.com/news/business-59952980
https://www.bbc.com/news/world-asia-61411532
https://www.amnesty.org/en/latest/news/2022/05/sri-lanka-rights-under-attack-during-economic-crisis/
https://theconversation.com/whats-happening-in-sri-lanka-and-how-did-the-economic-crisis-start-181060
https://theconversation.com/sri-lanka-teeters-on-economic-edge-from-pandemic-fueled-financial-crisis-and-ukraine-war-spillovers-179741
https://www.reuters.com/world/asia-pacific/complex-web-creditors-politics-threatens-sri-lanka-restructuring-2022-04-28/
https://twitter.com/steve_hanke/status/1508481053274615823
https://unctad.org/press-material/high-freight-rates-cast-shadow-over-economic-recovery
https://www.scmp.com/news/asia/south-asia/article/3162024/sri-lanka-issue-us1-billion-relief-amid-soaring-food-prices
https://www.ceicdata.com/en/indicator/sri-lanka/tourism-revenue
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?end=2014&locations=LK-ID-UA-PH&most_recent_value_desc=false&start=2006
https://data.worldbank.org/indicator/SI.POV.NAHC?locations=LK
https://tradingeconomics.com/sri-lanka/external-debt
https://economictimes.indiatimes.com/news/international/world-news/what-is-the-current-state-of-the-sri-lankan-economy-which-has-been-facing-headwinds-since-the-covid-19-outbreak/articleshow/90615609.cms?from=mdr
https://www3.nhk.or.jp/nhkworld/en/news/videos/20220426192645264/#:~:text=A%20major%20credit%20risk%20assessor,were%20due%20on%20April%2018th.
https://economictimes.indiatimes.com/news/international/business/fitch-downgrades-sri-lanka-to-restrictive-default/articleshow/91679845.cms
https://www.reuters.com/world/asia-pacific/complex-web-creditors-politics-threatens-sri-lanka-restructuring-2022-04-28/
https://www.reuters.com/world/asia-pacific/sri-lanka-says-world-bank-agrees-provide-600-million-financial-aid-2022-04-26/
https://www.thehindu.com/news/international/sri-lankan-delegation-heads-to-us-to-seek-4-billion-bailout-package-from-imf/article65328973.ece
https://www.reuters.com/world/asia-pacific/complex-web-creditors-politics-threatens-sri-lanka-restructuring-2022-04-28/
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//Soundtrack//
Synkro & Indigo – Guidance
Sentient MusicGasface & Temporal – MMXIII
City Phases – John Abbot
auv – Lower East Late Summer
In the Waiting – Johannes Bornlof
All Parts Equal – Airae
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This is 100% true story which happening here. Not only the Rajapaksha Family but a Lot of Politician and government officials are also corrupted
People are so disappointed with this political structure, They are asking for a constitutional restructure. Lots of protests are going on all over the country, But all of them are so peaceful.
But still, we rise as a nation! ❤🙌
one example of the complete opposite of winning in politics from an established family is Diosdado Macapagal President of the Philippines from 1961-1965 because he was known as the poor boy from lubao, lubao as a town in Pampanga
Satanic rajapaksa family and ranil,maitree too.srilankan soul is totally disconnected from our spirit for eternity.
It's almost as if they are reading the world economic forums plan. Digital currency incoming
talk about what motivated the fertalizer move this was passed over a bit
Not a single word spoken about the fact that it was trough WEF guidance that this "ruling family" thought it would be feasible. Not very cool of you @ColdFusion ..
I came here to somewhat blame Russia
Did they kill them all?
What's the point of a sound track that overwhelms the audio? I switched off before the 1 minute mark.
The soothing propaganda voice of Attenborough………..Yeah right….
Time to rid the world of politicians.
Now outside business will come in and but the whole country and enslave the people.
The issue is again with the debt that was denominated in foreign currency. Anything in their own national fiat currency is of course not a problem.
Dagogo fails to understand that tidbit.
Sounds a lot like the U.S. Except the U.S. has the luxury of printing money and bombing the shit out of other countries to take resources
So how is it now
It took me 2 mins into the video to realize, the Sri Lankans brought this on themselves; the idea of only being electable if you are from an “established family is a recipe for disaster. Nepotism, especially in politics will always lend itself to corruption and the eventual demise of a nation. Hopefully the Sri Lankans learn from this, and will not repeat this mistake in the future, and will elect the best candidate, regardless of their family background, unless their family is corrupt.
Thank you for making me aware of Other news that the current media isn't looking into. Keep up the great work. 👍
The United States and Canada currently have similar corruption going on, I hope that Biden, Trudeau, and the rest of their liberal cronies do not ruin these great countries
Well looks the path that united States of Sodoma and theirs European pets are following.
hello any game developers, please make a game about this
5:58. The fertilizer ban was also because of climate change alarmists saying to go to organic fertilizer instead of synthetic cause environment.
Inevitable when an extreme amount of wealth is accumulated among a small group of people.
Attention trumpers. This is what happens when you let a con-man become president
How about a breakdown of the foreign debt of Sri Lanka, it's not difficult to find. The New Atlas has done a video on this.
There's a reason why China is against SL getting loans from the IMF. The IMF and world Bank are the real vultures. Yes it is true that the politicians out of their depths, but they were exploited. Approximately 90% of its debt was held by western and Japanese firms. These along with the IMF are the real vultures.