Sri Lanka - On the Brink of Failure

[ll74]

What a shitty situation. I've always heard how beautiful it was there. Our media has mostly ignored things there. Guess Ukraine is more important because of Russia or something.

"Sri Lanka crisis: Daily heartbreak of life in a country gone bankrupt - BBC News" https://www.bbc.com/news/world-asia-62077109.amp

 

[John_von_Neumann]

As economists have pointed out, it is the sweeping tax cuts of 2019 - lobbied for and cheered on by many corporate and professional groups - that contributed to emptying Sri Lanka's coffers, and helped bring the nation to this brink.

 

[ll74]

Yep...I'm sure some in the forum will point to the socialist aspect. Seems like the people are getting bent over hard on this

 

[oggbashan]

Covid did more than tax cuts. Sri Lanka's economy was supported by tourists who couldn't come.

 

[ll74]

Covid did more than tax cuts. Sri Lanka's economy was supported by tourists who couldn't come.

That's a very good point. Every single tourist supported country was hit hard. I think it'd be interesting to compare and contrast to other countries whose money comes primarily through that industry

 

[jaF0]

What a shitty situation. I've always heard how beautiful it was there.

I've always heard what a giant sewer the whole place is.

 

[lanceGibs]

https://indianexpress.com/article/w...rajapaksa-flees-residence-protesters-8018894/

 

[lanceGibs]

I've always heard what a giant sewer the whole place is.

Shri Lanka was a beautiful nation of proud people,due to Chinese influence and the political greed of one one family the nation has become a basket case

 

[jaF0]

And the crowds have gone full Donny.

 

[ll74]

Progress for the people

"Sri Lankan President Gotabaya Rajapaksa to resign next week" https://nypost.com/2022/07/09/sri-l...t-gotabaya-rajapaksa-to-resign-next-week/amp/

 

[jaF0]

I'm not in favor of mass mobs descending on government facilities.

 

[ll74]

I'm not in favor of mass mobs descending on government facilities.

I'm in favor of Sri Lanka's president finally resigning amid pressure.

 

[Btq97]

What a shitty situation. I've always heard how beautiful it was there. Our media has mostly ignored things there. Guess Ukraine is more important because of Russia or something.

"Sri Lanka crisis: Daily heartbreak of life in a country gone bankrupt - BBC News" https://www.bbc.com/news/world-asia-62077109.amp

What you seem to forget is the color multiple. White people with "Western asperations" vs non whites far far away.
The oil price shock is not nice I am feeling the pinch in the uk I can only imagine they have far far worse.

 

[jaF0]

Protests and public pressure do not need to include storming government buildings.

 

[ll74]

Protests and public pressure do not need to include storming government buildings.

I believe this one did.

 

[oggbashan]

I visted Sri Lanka in 1960. I found the people friendly and the scenery outstanding. But even then poverty was endemic.

I could buy handmade goods for next to nothing. A UK pound or a US dollar seemed like riches to most locals.

 

[jaF0]

I believe this one did.

So did Jan 6.

Are you saying you support that?

 

[ll74]

So did Jan 6.

Are you saying you support that?

Of course, because those are two of the same situations

 

[jaF0]

Both are mobs trying to overrun a government building to oust a government.

 

[ll74]

Both are mobs trying to overrun a government building to oust a government.

You don't say.

And so both are doing so for the exact same reasons, obviously.

Makes sense

 

[phrodeau]

I've always heard what a giant sewer the whole place is.

Is it a shithole country then?

 

[mayfly13]

Shri Lanka was a beautiful nation of proud people,due to Chinese influence and the political greed of one one family the nation has become a basket case

yes! I don't know about their national traits, but all the Shri Lankans I came across seemed very civil, mindful and educated.

 

[mayfly13]

That's a very good point. Every single tourist supported country was hit hard. I think it'd be interesting to compare and contrast to other countries whose money comes primarily through that industry

apparently New Zealand
but it's not just covid + it's tourism based economy
they've had several corrupt neoliberal govts that sold their infrastructure, and then Jacinda's incompetent economic measures preceding and following covid


ETA
Apparently there are now heaps of homeless people on the streets of Auckland, things one wouldn't have seen 20 years ago.

 

[oggbashan]

Sri Lanka has also had a succession of politicians from one family who raped the country's economy to enrich themselves.

 

[Biggs_Darklighter]

Have never heard a good thing about the place. At first I was thinking "well at least they still have the singing lemurs" but then I remembered that was Madagascar.