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Old 06-22-2022, 04:54 PM
 
Location: Wylie, Texas
3,839 posts, read 4,452,037 times
Reputation: 6120

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Granted I will admit that I dont have an indepth knowledge of the country, but my impression was that it was a quietly relatively high achieving country that had just emerged from decades of civil war and was on the way up. It had a higher HDI than India/Pakistan and seemed to be doing just fine in the shadow of its much larger neighbors.
Fast forward today, the Prime Minister just announced that the economy has officially collapsed. Massive shortages of essential goods all over. Yet this is not a communist fiasco like say Venezuela. Since the civil war ended it has been peaceful. What happened?
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Old 06-22-2022, 10:10 PM
 
2,242 posts, read 1,346,068 times
Reputation: 3447
https://asia.nikkei.com/Spotlight/Sri-Lanka-crisis/Nepotism-bad-policy-push-Sri-Lanka-to-brink-of-economic-ruin
Nepotism, bad policy push Sri Lanka to brink of economic ruin
May 15, 2022


The Rajapaksa family and their friends have been ruling the country since the 1970s..
Cronyism and nepotism became much worse under the Rajapaksa family (Sri Lanka).
The Somoza family ruled Nicaragua for forty-three years from 1936 to 1979.
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Old 06-23-2022, 12:00 AM
 
Location: Taipei
8,873 posts, read 8,462,534 times
Reputation: 7430
China's debt trap lol.
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Old 06-23-2022, 01:49 AM
 
278 posts, read 82,570 times
Reputation: 131
Also, organic farming.


https://foreignpolicy.com/2022/03/05...arming-crisis/
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Old 06-24-2022, 06:58 PM
 
Location: Honolulu/DMV Area/NYC
30,666 posts, read 18,290,146 times
Reputation: 34547
Quote:
Originally Posted by ralfyman View Post
I'm baffled at how foolish some can be. Did they think that we've been able to achieve the agricultural yields that we do because we wished it and it became true? Pesticides and the like have been a major contributor of what we produce today.

Organic produce, which isn't even inherently healthier than non-organic produce--is at much higher risk of being devastated a whole host of pests, etc.
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