Comment by kragen 7 months ago That's an excellent point, and one I hadn't really internalized. Thank you. 2 comments kragen Reply Gibbon1 7 months ago Instructive to read up on the 2022 Sri Lanka protests.https://en.wikipedia.org/wiki/2022_Sri_Lankan_protestsDebt crisis and sharp spikes in fuel and oil costs resulted in shortages of both. Also shortages of fertilizer. Which resulted in shortages of food.If I was a Sri Lankan politician I wouldn't want a repeat of that. nradov 7 months ago The Sri Lankan politicians like "Mr. 10%" were largely in it for the gift. The debt crisis could have been prevented if they followed IMF recommendations in the first place.
Gibbon1 7 months ago Instructive to read up on the 2022 Sri Lanka protests.https://en.wikipedia.org/wiki/2022_Sri_Lankan_protestsDebt crisis and sharp spikes in fuel and oil costs resulted in shortages of both. Also shortages of fertilizer. Which resulted in shortages of food.If I was a Sri Lankan politician I wouldn't want a repeat of that. nradov 7 months ago The Sri Lankan politicians like "Mr. 10%" were largely in it for the gift. The debt crisis could have been prevented if they followed IMF recommendations in the first place.
nradov 7 months ago The Sri Lankan politicians like "Mr. 10%" were largely in it for the gift. The debt crisis could have been prevented if they followed IMF recommendations in the first place.
Instructive to read up on the 2022 Sri Lanka protests.
https://en.wikipedia.org/wiki/2022_Sri_Lankan_protests
Debt crisis and sharp spikes in fuel and oil costs resulted in shortages of both. Also shortages of fertilizer. Which resulted in shortages of food.
If I was a Sri Lankan politician I wouldn't want a repeat of that.
The Sri Lankan politicians like "Mr. 10%" were largely in it for the gift. The debt crisis could have been prevented if they followed IMF recommendations in the first place.