The Crumbling of Sri Lanka s Economic Miracle

Join Private Internet Access VPN today and get 82% off a two year plan + 3 months free! https://www.privateinternetaccess.com/Casual Sri Lanka is on the verge of complete Economic Collapse, 15 hour rolling blackouts are crippling businesses, food has become hard to come by and expensive, and the streets are descending into chaos not seen since the end of its brutal 30 year long civil war. But how did Sri Lanka get into this mess in the first place, and what does this mean for the rest of the world? ----------------------------------------------------------------------------------------------------- Support the Channel! https://www.patreon.com/CasualScholar ----------------------------------------------------------------------------------------------------- --Contents of this video-------------------------------- 00:00 - Sri Lanka s Economic Crisis 03:11 - Sri Lanka is not a poor nation 03:35 - Source of Growth 04:52 - Collapse of Sri Lankan Tourism 06:18 - The Beginning of the end 08:19 - Going Bankrupt 08:54 - Rapid Inflation 09:50 - Global Economic Downturn 10:15 - Sri Lanka s Current Economic Condition 11:08 - Global Economic Crisis for Developing Nations #srilanka #srilankanews #srilankaeconomycrisis #srilankaeconomy