Comment by Gibbon1
2 days ago
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.