Sri Lanka is bankrupt

Started by Barry, July 09, 2022, 12:44:49 PM

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johnofgwent

Quote from: Nick on July 09, 2022, 09:15:28 PM
Who knew Brexit would have such far reaching affects?
The place just hadn't been the same since Arthur C Clarke stopped mind controlling the population from his satellite network's ground station in the garden of his bungalow thete
<t>In matters of taxation, Lord Clyde\'s summing up in the 1929 case Inland Revenue v Ayrshire Pullman Services is worth a glance.</t>

Nick

Quote from: Barry on July 09, 2022, 12:44:49 PM
.. and the people are revolting because they are hungry.

https://abcnews.go.com/Business/wireStory/explainer-sri-lankas-economy-collapsed-85579631

Awful for the people there. India is well placed to help. So are China.

This is partly due to the green agenda being pursued.

https://twitter.com/SriLankaTweet/status/1545691325692985345
It's on the news here that the PM has resigned, after they stormed his palace and swam in his private pool. Let them eat cake did he say?
I can explain it to you, but I can't understand it for you.

Nick

Who knew Brexit would have such far reaching affects?
I can explain it to you, but I can't understand it for you.

Sean

How awfull. They were never bankrupt or starving when they were a crown colony. Perhaps now might be the time to end this experiment of Sri Lanka .Return to being British Ceylon?

Barry

.. and the people are revolting because they are hungry.

https://abcnews.go.com/Business/wireStory/explainer-sri-lankas-economy-collapsed-85579631


Quote[highlight]In April 2021, Rajapaksa suddenly banned imports of chemical fertilizers. The push for organic farming caught farmers by surprise and decimated staple rice crops, driving prices higher.[/highlight] To save on foreign exchange, imports of other items deemed to be luxuries also were banned. Meanwhile, the Ukraine war has pushed prices of food and oil higher. Inflation was near 40% and food prices were up nearly 60% in May.
Awful for the people there. India is well placed to help. So are China.

This is partly due to the green agenda being pursued.

https://twitter.com/SriLankaTweet/status/1545691325692985345
† The end is nigh †