The Rise & Fall of Sri Lanka

12 Replies to “The Rise & Fall of Sri Lanka”

1. What “rise”?

   1. There was an initial flurry of economic excitement (and growth per capita) that is typical when governments start to borrow heavily. But, eventually the money runs out. If you look at the fertilizer issue, it was more about money than ideology. The government was subsidizing fertilizer imports up to 88%. The more farmers fertilized their fields the more money they got from the government. So the government shuts off the tap. Only problem is everyone is used to getting government handouts just as the government runs out of borrowed money and foreign currency. I’m not sure what the WEF angle is here but incompetence and greed explain 90% of the problems in Sri Lanka. The tiny country (by population) has mountains of debt that it can’t repay. It’s trying to get debt forgiveness from China and the IMF.

      1. Yes, I get it. I just disagree that there ever was a real rise or that long term rise was possible given Ceylonese, their hate for one another and the backwardness of their society. As far as I am concerned there is a natural limit for every culture, Ceylon has achieved its long ago.

         1. At the rate we borrow money you could argue that all western cultures have exceeded their natural limit. The only question is how long can the Ponzi scheme go on?

            1. Steve
               As long as the WEF dickheads keep pushing the war against Russia

            2. Steve, that is a fair, albeit an intendent point. The raise of welfare state combined with the uncontrolled immigration from hostile to civilization sources may well be our downfall.

            3. They’re hoping to keep it going until the boomers die off, and hope to confiscate their estates.

2. Canada is importing and installing these cultures of incompetence, corruption, and nepotism into the Canadian government bureaucracy.

   There is a reason that third world corrupt countries are shitholes.

   1. Exactly that, and that is why we see them overrepresented among Canadian public sector employees. That is nowhere near more visible than at airports. Been to Pearson lately?

   2. Yup. Just check out our politics here in BC. SE Asians, Chinese, increasingly, Middle Easterners and of course the First Immigrants – all factions that must be appeased and kowtowed to if you want to get anywhere in all three levels of politics.

   3. Yup. It seems that every time I call a government number, I get someone who speaks English with a distinct accent, which is neither European nor east Asian. If I get someone who’s “bilingual”, he or she speaks with such a thick Quebec accent, I’d rather talk with a third worlder.

3. This sort of thing would never happen in Canada, would it?