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No mention of the real cause of Sri Lanka’s economic collapse.
1 posted on 08/24/2022 6:15:18 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

The IMF will wind up owning the country.


2 posted on 08/24/2022 6:16:13 AM PDT by dljordan
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To: Oldeconomybuyer

3 posted on 08/24/2022 6:17:46 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: Oldeconomybuyer

Doesn’t matter how irresponsible you are or how big (entire countries) or little (student education loans) you are, some government will bail you out.


4 posted on 08/24/2022 6:18:32 AM PDT by ProtectOurFreedom (“May your neighbors respect you, trouble neglect you, angels protect you and heaven accept you”)
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To: Oldeconomybuyer
Simple solution, as has been done many, many times throughout the twentieth century. Abrogate the debt, and start over. Short term disruption with long term gain.

Additionally, allow Sri Lankan farmers to farm as they always had, without the :help" of the corporations of the West. Allow "liberty for all" and watch the leap in creative economic activity.

5 posted on 08/24/2022 6:26:26 AM PDT by Worldtraveler once upon a time (Degrow Government)
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To: Oldeconomybuyer

There is no problem so big that the IMF can’t make it bigger.


6 posted on 08/24/2022 6:55:08 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: Oldeconomybuyer

Meanwhile...

https://asia.nikkei.com/Editor-s-Picks/Interview/Sri-Lanka-president-urges-China-to-change-tune-on-debt-as-IMF-visits


7 posted on 08/24/2022 6:58:49 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: Oldeconomybuyer
Oldeconomybuyer :" No mention of the real cause of Sri Lanka’s economic collapse. "

Tell Sri Lanka to bill the World Economic Forum (WEF)
It seems that WEF has all the ideas and money to collapse most of the world economies
And they can join the Netherlands for economic stupidity over 'cow farts' and ambient methane gases;
the Netherlands which will soon totally depend on other countries for their food transportation and production

9 posted on 08/24/2022 7:17:11 AM PDT by Tilted Irish Kilt
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To: Oldeconomybuyer

Chinese communist debt trap Belt and Road projects, Chinese communist political corruption, and Chinese communist “Woke” ideology.

The term “Woke” was first used by the communists during the Cultural Revolution in China.


10 posted on 08/24/2022 9:13:18 AM PDT by BeauBo ( )
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