Sunday, April 24, 2022

Sri Lanka's Debt Trap

A sad day in Sri Lanka.

"Sri Lanka, an island nation of 22 million, faces an unprecedented devastating economic crisis this year, with $8.6 billion worth of debt payments due in 2022." 

















Source: Daily FT

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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.