Sri Lanka’s 2022 Economic Collapse, Explained
Channel: That's All I Have To Say About That
Date: 2022-06-24

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Sri Lanka is facing 3 economic problems that are spiraling out of control. They owe money, they need money, and they don’t have the money to buy essential imports like food and fuel. The vultures are swirling overhead with China snapping up control of Sri Lanka’s main port in exchange for debt relief and the IMF tightening the screws. Here’s exactly what’s happening.