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Correction: I misspoke and said the Russian Ukrainian war was in 2021, when obviously it’s 2022.

— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

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Bitcoin address: 13SjyCXPB9o3iN4LitYQ2wYKeqYTShPub8

— “New Thinking” written by Dagogo Altraide —
This book was rated the 9th best technology history book by book authority.
In the book you’ll learn the stories of those who invented the things we use everyday and how it all fits together to form our modern world.
Get the book on Amazon: http://bit.ly/NewThinkingbook
Get the book on Google Play: http://bit.ly/NewThinkingGooglePlay
https://newthinkingbook.squarespace.com/about/

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/

My Music Channel: https://www.youtube.com/channel/UCGkpFfEMF0eMJlh9xXj2lMw

//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

Movediz – Prayer

Burn Water – Circles

» Music I produce | http://burnwater.bandcamp.com or
» http://www.soundcloud.com/burnwater
» https://www.patreon.com/ColdFusion_TV
» Collection of music used in videos: https://www.youtube.com/watch?v=YOrJJKW31OA

Producer: Dagogo Altraide

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24 thoughts on “How One Powerful Family Destroyed A Country

  1. 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! ❤🙌

  2. 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

  3. 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 ..

  4. 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.

  5. 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.

  6. 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

  7. 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.

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