Sri Lanka crisis, hopefully Kenya tusifike apo

abbychumz

abbychumz

Elder Lister
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Sri Lanka nation runs out of diesel, medicine, installs 13-hour blackouts. Sri Lanka authorities have announced 13-hour daily power cuts, with hospitals forced to suspend surgeries due to a lack of medicines - as the whole island ran out of purchasable diesel.

The country of 22 million is now amid its worst economic crisis since independence in 1948, which was sparked by lack of foreign currency to pay for essential imports.

Many economists also blame government mismanagement, namely tax cuts and years of budget deficits.

Sources RT news
 
can happen easily but on another note , they came from a civil war 3 decades ago.
Rwanda too but it’s all about how you manage your country .
Kenya is headed there , our currency rate right now , is where Sri Lanka was 10years ago and we’ve been deteriorating fast the past 3 years .
 
I mean to say we are following them judging by how their currency has been dropping . It’s the same downward fall.
 
mzeiya said:
Hao ndio pia Chinaman alichukua port juu ya deni kutolipwa?
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Anglututu said:
Ndio and even while seeing this unfolding Kenya was busy signing Chinese loans at the very same time. With the usual suspects saliva drooling all over for their kickbacks
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Upus. China's loans to Sri Lanka are less than 10% of the debt profile.The port was making losses and is now profitable after it was leased to a Chinese firm.

Colombo actually owes more to western lenders than China but you would never hear this.

The China loans bad propaganda is meant to scare and keep us firmly in Western financial machinations.

To Whites, we are not supposed to have development partners that they don't approve of since we can easily be deceived. We are like kids who have to be shown what's right for us and protected from the bad bad Chinese(loans)

Any sensible African should be very offended.

In the meantime, America owes China 1 trillion dollars and we don't hear how they want to debt trap the US
 
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