The world economy is in dire straits as country after country descends into crisis followed by chaos. It all seems to have begun, as it usually does, in the Third World, but is now rapidly spreading to the First World. Sri Lanka and Panama were among the earliest nations to see crisis-related unrest spill over into … Continue reading Riots and unrest spreading beyond Sri Lanka and Panama due to inflation and economic breakdown
COVID QR codes now being used to RATION FUEL in Sri Lanka as economic collapse accelerates
We are hearing through the grapevine that Sri Lanka’s latest approach to handling the fuel crisis in its country is to ration fuel using residents’ Wuhan coronavirus (COVID-19) QR codes. The only way to buy gasoline in Sri Lanka, we are told, is to show one’s COVID “passport” via a smartphone – this being exactly the type … Continue reading COVID QR codes now being used to RATION FUEL in Sri Lanka as economic collapse accelerates
Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments
The supply chain crisis caused by entire countries shutting down for months over a virus that had a 99.5 percent survival rate is now being exacerbated by the war in Ukraine and new lockdowns in some producer countries, and is now causing some countries so much economic stress they are defaulting on their debts. Sri Lanka, … Continue reading Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments
