Thursday, July 14, 2022

Desperate 1

Sri Lanka, the island nation off the southern tip of India, declared bankruptcy this week. That kind of thing, a country going public about being broke, doesn't happen every day. 

Last Saturday protesters stormed into the president's residence plus his seaside office, and into the home of the prime minister. They demanded that these two leaders resign. And the president and prime minister did just that a few hours later.


What was the problem? "[A]cute shortages of fuel, food, medicine and other necessities." After three months of growing despair, desperate people in various walks of life joined together to rid themselves of the leaders who put them into this situation.

Crisis at this level doesn't happen overnight. Lots of nepotism (granting cushy government jobs to family members), corruption, terrible overspending - and more - brought on economic collapse. 

from USA Today

(cont'd tomorrow)

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