Sri Lanka admits bankruptcy

“Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told parliament Tuesday.

The island nation’s 22 million people have endured months of galloping inflation and lengthy power cuts after the government ran out of foreign currency to import vital goods.

Sri Lanka president heckled outta parliament..

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Sri Lanka grinds to a halt as fuel reserves shrink (hyper inflationary collapse scenario)

Public transport is grinding to a halt as one of the world’s most economically-strapped nations goes through a crisis.

h/t A Deplorable Neanderthal


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