Sri Lanka's Economy and Government Have Collapsed!

1 year ago
151

After weeks of protests over rampant inflation, the economy and the government of Sri Lanka has descended into chaos as protestors have stormed the Presidential Palace, swam in the President's swimming pool, burned down the private residence of the Prime Minister, and stormed the country's Central Bank. The causes of this economic collapse can be traced back to the pandemic, the central bank money printing causing inflaiton, the subsequent tightening conditions, the Chinese Belt and Road initiative, and the commodity inflation following the Russian invasion of Ukraine.

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#srilanka #beltandroadinitiative #inflation #protest #MelonHead

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