Sri Lankan economic crisis

[Clarke]

53 minutes ago, LordPrabhzy said:

 

And whoever is parroting the "India should take over Nepal and SL to counter China"- the delusional state these whatsapp Uni BJP supporting uncles are in is laughable. There are better ways to covertly have influence in these countries than directly occupying them economically.

 

People have stopped thinking pragmatically and logically, esp in India

 

I wouldn't say that's the case. There is always a section of a population that will have odd/illogical/biased views on certain/various topics and this applies to many/all of us, the internet just gave a voice to all. The commentators like the one you mentioned are monetizing these mindsets and biases.

[coffee_rules]

So what SL Govt is bankrupt? Their people rank higher in Happiness index than Indians as per some falana Global Happiness  ranking organization 

[ravishingravi]

12 minutes ago, coffee_rules said:

So what SL Govt is bankrupt? Their people rank higher in Happiness index than Indians as per some falana Global Happiness  ranking organization 

 

Its perhaps the least complicated economy to run. How did they screw this up.

[someone]

The NJAY scheme of Congress 2019 needs to be discussed deeply. We were lucky as Rahul didn't succeed then, but can this "free money" trick work in 2024 again?

 

 

[G_B_]

6 hours ago, coffee_rules said:

So what SL Govt is bankrupt? Their people rank higher in Happiness index than Indians as per some falana Global Happiness  ranking organization 

 

These indexes are a scam.

 

Mostly they work on surveys which are highly subjective. Organisations like gallup who conduct the global survey sub contract to somw leftist social org in India who paint a grim picture.

 

Another one is the global hunger index. Pakistan is in dire straits with food inflation but ranks higher than India supposedly...

 

Its like a leftist eco system. Some leftist comes up with some index on human performance. Orgs like the economist use it to write scathing articles.

 

 

 

[coffee_rules]

Jayasuriya thanking India

[LordPrabhzy]

On 4/6/2022 at 1:57 PM, ravishingravi said:

 

Its perhaps the least complicated economy to run. How did they screw this up.

Getting advice from Subramaniam Swami.. 

[BacktoCricaddict]

21 minutes ago, LordPrabhzy said:

Getting advice from Subramaniam Swami.. 

And Dr. Vandana Shiva.

 

https://itif.org/publications/2021/09/23/how-sri-lankas-organic-decree-created-trouble-paradise

 

While apocalyptic stories of calamity and crisis from the tropics are not at all unusual, they’re usually linked with typhoons, earthquakes, hurricanes, or military coups. But organic food? This is new.

Digging deeper quickly clarifies: Sri Lankan President Gotabaya Rajapaksa, a military man apparently unburdened by understanding of biology or agriculture, succumbed to the siren call of conspiracy theories from a well-known and persistent myth-monger from neighboring India, Vandana Shiva. Following her advice, Rajapaksa has banned imports of fertilizers and pesticides. His stated aim is to transform the agricultural economy of Sri Lanka into a purely organic enterprise in the expectation that consumers will be willing to pay a premium price for its exports. The realities of substantially reduced yields and limited markets seem not to have entered into his calculations, and actual stakeholders in the agricultural economy are warning of cataclysmic consequences, starting with halving the $1.5 billion export market for Sri Lankan tea.

 

The real motives for Rajapaksa’s decree seem to be a bit more complicated than simple conversion to the organic religion. It appears he bought into the propaganda peddled by Shiva, though a smidgeon of due diligence would have revealed how thoroughly unhinged from reality her worldview is. But the Sri Lankan economy is one of those battered by the pandemic gales of COVID-19, and it seems his measure was also aimed at mitigating a trade balance problem by conserving hard currency reserves laid waste by the impacts of the pandemic on the tourist industry, the biggest foreign exchange earner and central to the economy.

[coffee_rules]

Oh boy, I did follow her work a few years ago, until I got schooled by you and others here. Khatarnak  activism

[jf1gp_1]

On 4/7/2022 at 10:30 PM, BacktoCricaddict said:

And Dr. Vandana Shiva.

 

https://itif.org/publications/2021/09/23/how-sri-lankas-organic-decree-created-trouble-paradise

 

While apocalyptic stories of calamity and crisis from the tropics are not at all unusual, they’re usually linked with typhoons, earthquakes, hurricanes, or military coups. But organic food? This is new.

Digging deeper quickly clarifies: Sri Lankan President Gotabaya Rajapaksa, a military man apparently unburdened by understanding of biology or agriculture, succumbed to the siren call of conspiracy theories from a well-known and persistent myth-monger from neighboring India, Vandana Shiva. Following her advice, Rajapaksa has banned imports of fertilizers and pesticides. His stated aim is to transform the agricultural economy of Sri Lanka into a purely organic enterprise in the expectation that consumers will be willing to pay a premium price for its exports. The realities of substantially reduced yields and limited markets seem not to have entered into his calculations, and actual stakeholders in the agricultural economy are warning of cataclysmic consequences, starting with halving the $1.5 billion export market for Sri Lankan tea.

 

The real motives for Rajapaksa’s decree seem to be a bit more complicated than simple conversion to the organic religion. It appears he bought into the propaganda peddled by Shiva, though a smidgeon of due diligence would have revealed how thoroughly unhinged from reality her worldview is. But the Sri Lankan economy is one of those battered by the pandemic gales of COVID-19, and it seems his measure was also aimed at mitigating a trade balance problem by conserving hard currency reserves laid waste by the impacts of the pandemic on the tourist industry, the biggest foreign exchange earner and central to the economy.

They wanted to target the whole organic market. Rather than going step by step, he just randomly announced a date and expected entire nation to start organic farming. The so called organic fertilizer they got from China turned out to be toxic for their soil. Had to pay through their ass for something they didnt want. 

[ravishingravi]