MeisterEckhart wrote on May 15
th, 2022 at 7:43am:
thegreatdivide wrote on May 14
th, 2022 at 10:25pm:
Meantime another democracy (Sri Lanka) has been driven into the clutches of the IMF (Instant Misery Fund), by the current evil global, privately-financed, money as debt system.
Whatever evil has fallen on the Sri Lankan people, it's due to the CCP's debt-trapping of Sri Lanka, exploiting the corrupt Rajapaksa family's tenuous grip on its quasi-dictatorship of the country, and including conditions in the agreements that allowed the CCP to meddle in Sri Lankan domestic affairs.
https://en.wikipedia.org/wiki/2019%E2%80%93present_Sri_Lankan_economic_crisis#Ex..."Despite commentaries blaming China for the debt crisis, the Australian Lowy Institute pointed out that Sri Lanka was "not engulfed in a Chinese debt trap", because
external debt owed to China was only about 10% of the debt stock in April 2021. Instead, the majority of Sri Lanka's external debt stock is owed to international capital markets, which accounted for 47%. Another 22% is held by multilateral development banks, followed by Japan having 10% of Sri Lankan external debt."
So much for the Chinese "debt trap" diplomacy myth from a "freedom" ideologue.
Loss of tourism during the pandemic is another significant factor.
Meanwhile the citizens think that replacing one democratic government with another will somehow solve the problem, when the real culprits are private international money lenders.