It used to be Ceylan, one of the jewels of the British Empire, which is now called Sri Lanka, “Shining land” A beautiful island of 65 thousand square kilometers south of India, with 22 million inhabitants, 80% of whom, according to the United Nations, are forced to eat sautéed because they lack everything. Sri Lanka has been a bankrupt country since April, when it declared a suspension of payments. Nobody gives him credit. Its foreign debt of 51 billion dollars with an ever-increasing inflation of 60% creates a picture of pessimism that makes it unrealistic to ask the International Monetary Fund for 6 billion dollars in urgent aid.
A basket case. The inevitable popular anger broke out last Saturday in a phenomenon that in Argentina has a clear name: pueblada. This week, the international news agency AP listed Sri Lanka along with Argentina in a ranking of countries that replicate socio-economic conditions of alert. They are countries that are dangerously depleting their dollar reserves and swinging into an abyss. They include Zimbabwe, Egypt, Lebanon, Sri Lanka, and Argentina, among other nations.
The protests that led to the seizure of the presidential palace.
Sri Lanka now attracts the attention of the world. The crisis chained between the coronavirus pandemic that continues to strike and the crisis that spreads the war in Ukraine, with Russia’s confrontation with the West, the United States and European countries, make it a hopeless case that can be repeated.
A kind of epidemic with characteristics like those suffered by Argentina. That is why the people of Sri Lanka, who have razed the country to the ground and brought down the ruling regime, contain important lessons.
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Giulio Alganaraz
Source: Clarin
