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India, second-largest wheat producer, bans exports amid food supply concerns Their calamity was largely self-engineered.īut Sri Lanka may be a preview of what's coming after Ukraine.Ī friend sent me this: Sri Lanka's neighbor, India, has just outlawed all wheat exports, trying to hoard its wheat for its own consumption.Īnd India is the second largest wheat producer. Sri Lanka was already headed towards crisis before Ukraine. He said something like "10% hikes in the price of wheat will cause economic crises, but 20% will cause governments to fall." Just after the Russian invasion, Kyle Shideler, I think, noted that the Ukraine and Russia together were responsible for 25% of the world's wheat exports.
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The MSM in Canada will not show you this, isn’t that ironic? /0myLRYzi5F- bu/ac May 14, 2022 In Sri Lanka they have lit the Minister of Media’s house on fire for creating fake news as well as other corrupt politicians. Previous to this, the houses of politicians were burned down. Sri Lanka PM Rajapaksa's sons had Rolls Royce, Lamborghini, Ferrari, Mclaren etc. Sound /GlyJ7orJgy- Wall Street Silver May 14, 2022 Hungry and desperate protesters in Sri Lanka set a politician's Lamborghini on fire. Sound /qG29JPvY8S- Wall Street Silver May 14, 2022 Politician in Sri Lanka retreats while being attacked by a angry and hungry mob ?įood shortages, not enough fertilizer, not enough energy.
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Sound /WvbYvxGgBj- Wall Street Silver May 14, 2022 Then came a disastrous ban on chemical fertilizers, as the Rajapaksa government pushed organic farming at a time when climate change was already threatening harvests and food security.Īngry and hungry mob in Sri Lanka hunting politicians while the police retreats. The economic stress increased as pandemic travel restrictions dried up tourism dollars. Whew! At least America has done nothing like that. As economic growth slowed, it kept borrowing to pay.
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Over a period of decades, the small island nation of 22 million people had built a, bloated state sector, robust social welfare programs that exceeded the country's means, a large military and an elaborate series of postwar construction projects. The latest to go: Mahinda Rajapaksa, the patriarch and prime minister, who was evacuated from his home this week after setting off clashes that left eight people dead across the country. Now, that dynasty, which has dominated the country for the greater part of two decades, is on the verge of an end, with most of the family in hiding at a military base and only the president clinging to power. Once empowered by a triumphant Buddhist Sinhalese nationalism after a brutal civil war, the Rajapaksas have been undone by what their own allies call incompetence and denial. The wave of anger now gripping the country is as much about the family dynasty ruling Sri Lanka as it is about the economic disaster. Nearly a year later, Sri Lanka lies in economic ruin, with basic food items scarce, hospitals out of medicine and lines for fuel stretching for blocks as the country's foreign reserves all but run out. Sri Lanka's Ruling Family Is in Hiding Due to.