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Sri Lanka might be the first of many poor countries facing hard times due to the Russian war in Ukraine. African countries, in particular, might face starvation if Ukrainian grains don't get to them.
Compared to many countries, I feel lucky to be living in America.
More like feel guilty because it's the US That pushed for this war and embargo
Humans have relied on fossil fuels for over ten thousand years. The liberal West has now deemed these fuels evil and made them too expensive to obtain. This is the beginning of a very bad time.
Sri Lanka might be the first of many poor countries facing hard times due to the Russian war in Ukraine. African countries, in particular, might face starvation if Ukrainian grains don't get to them.
Compared to many countries, I feel lucky to be living in America.
Get ready for the new waves of caravans coming up in Mexico. We had our chance to finish the wall, now it's endless invasions.
Protesters in Sri Lanka on Saturday set fire to Prime Minister Ranil Wickremesinghe’s private home after his security attacked them, BBC reported.
...
the protesters marched to Wickremesinghe’s private residence in Colombo 7 and surrounded it, demanding that he too step down.
This led to the police’s elite Special Task Force (STF) attacking the protesters, angering them which led to them setting fire to the house of Wickremesinghe who had left it with his wife.
Get ready for the new waves of caravans coming up in Mexico. We had our chance to finish the wall, now it's endless invasions.
I hear you. When things are bad in their countries, people will want to move to better countries. It's unfortunate for us that Mexico is the gateway for illegals to come to America. I have been hearing that illegals from India are now coming through Mexico. The Biden government is not helping with the problem.
I know, right? I'm soooo sick of the U.S. being the dumping ground for never ending hordes of illegals and those who want to suck the teat of our once great nation and its taxpayers.
I'm sorry their countries are going to hell, but that doesn't mean our country wants them.
Sri Lanka, an island nation of 22 million people, is in the grips of an economic meltdown. This slow-motion train wreck first began in November 2019 when Gotabaya Rajapaksa won a decisive victory in the country’s presidential elections. He immediately placed family members into key government positions and suspended Parliament. Then in August 2020, his Sri Lanka Podujana Peramuna party—the Sri Lanka People’s Front—posted a landslide victory. The win gave Rajapaksa the ability to amend the country’s constitution, which he quickly availed himself of. In total control, President Rajapaksa and his brother Mahinda, the prime minister, went on a spending spree that was financed in part by Sri Lanka’s central bank. The results have been economic devastation.
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The government embarked on a number of wasteful megaprojects. A Times of India report on those projects includes an international airport, a seaport, numerous unnecessary roads and bridges, and a cricket stadium that “has had only a few international matches and is so remote that arriving teams face the risk of wildlife attacks.” Many of these projects were named after the Rajapaksas, an association that would come back to bite them.
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In 2019, Gotabaya Rajapaksa acted to slash taxes while ramping up spending in a bid to gain greater control over Sri Lanka’s government in its next elections.
Tax cuts were basically a gimmick because they were...
...increasing spending without having the tax revenues to cover the cost get the money they want by borrowing it. Sri Lanka’s national debt ballooned as it increasingly borrowed from foreign lenders to fund Rajapaksa’s spending. But in 2020, the coronavirus pandemic devastated the country’s economy, especially its large tourism industry, a major source of foreign currency. Without that foreign currency coming in, Sri Lanka’s government was soon starved of the money it was counting on to pay its loans.
It's government mismanagement of money. Just like it is in the U.S. Government mismanagement of money is what will do us in.
My point was it’s more complicated than “this happened because they were trying to please climate fanatics in other countries” which is what first post states. It’s more than that, it was much more.
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