How Lanka got itself into a crisis. Is there a way out? Bisbo

Sri Lanka in recent years has been going from crisis to crisis. Sometimes it's the tsunami, then the Easter bombing and then covid, which brought down tourist arrivals to just a trickle. But were they enough to bring Lanka down? Have a look at the video as Bisbo details a brief history of Lanka's financial crisis.

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Sources

AFP
Sri Lanka cancels school exams over paper shortage; March 20, 2022

Devpolicy Blog from the Development Policy Centre
Paradise squandered – what really happened to Sri Lanka’s economy; Yolani Fernando; March 31, 2022

SF Daily
Then and now: Hambantota International Port; Maya Majueran K; Aug 2, 2021

Avalra
Sri Lanka cuts VAT from 15% to 8%; Richard Asquith; Nov 28, 2019

Reuters
Sri Lanka boosts FX reserves with lift from Chinese swap; December 29, 2021.
Sri Lanka paddy crop slated to drop after chemical fertilizer ban; November 10, 2021.
Explainer-Sri Lanka on the Edge as Debt Burden Mounts; January 17, 2022.

Down to Earth
India has the highest number of organic farmers globally, but most of them are struggling; August 2, 2018.

WION
Tea-for-oil': Sri Lanka plans to use tea to repay Iran for a $251 million oil debt; December 23, 2021.

Colombo Page
Sri Lanka’s trade deficit narrows in November 2021 with above US$ 1.0 billion of export earnings; Jan 25, 2022

The Hindu
India extends another $500 million LoC to Sri Lanka for emergency fuel import; January 19, 2022.

India Today
Sri Lankan economic crisis explained in five charts; Samrat Sharma; April 4, 2022

ABP Live
India Extends $900 Million Aid To Help Sri Lanka Tide Over Its Economic Crisis; January 14, 2022

Talking Economics
Bridging the gap: Unlocking untapped potential in Sri Lankan agricultural exports; Nimesha Dissanayaka; Apr 5, 2021

The New York Times
How China Got Sri Lanka to Cough Up a Port; June 25, 2018.

The Times of India
Covid-19: Sri Lanka lifts 6-week virus lockdown amid economic worries; October 1, 2021.
UK, Canada issue advisories for Lanka amid forex crisis; March 15, 2022.
Sri Lanka economic crisis forces people to flee to TN; March 23, 2022.
16 refugees land in Tamil Nadu as economic crisis squeezes Srilanka.; March 23, 2022.
Go Gota Go: Students take frontline in Lanka protests; April 6, 2022.

The Economic Times
Economic Crisis in Sri Lanka Sends Global Demand for Indian Textiles & Teas Soaring; April 7, 2022.

Forbes
The Story Behind The World's Emptiest International Airport; May 28, 2016.

Al Jazeera
Sri Lanka to pay $200m compensation for failed organic farm drive; January 26, 2022.

Ship Technology
The story of Hambantota Port: a flunking token of political corruption; September 18, 2018.

One India
China Exim lends Sri Lanka $ 307 mln to build port; October 18, 2007.

NEWSWIRE
4 hour power cut ? : CEB Engineers’ Union gives update; January 16, 2022.

[Desertfox]

Wow! Our speaker looks real in this video.
Thank you for presenting this video unbiased!🙂
— From Sri Lanka 🇱🇰

[aryanabhayverma]

Situation in Sri Lanka is miserable. All thanks to Rajapaksa family's poor implementation of policies.

[kanekiken]

The most important things we learn from this are :

1. Freebies politics is worst.
2. Never give power to families.

[snehakashyap]

I found your channel just 2days ago and since then I'm binge watching all your old videos. Keep up the good work. Cheerio!

[lakkasun]

Im from Sri Lanka, every one in Sri lanka should watch this !

[anoopm]

Big salute should be given to late Narasimha Rao and Manmohan Singh saving India from brink of disaster due to economic crisis. Another kudos should be given Shiv Shankar Menon saving India billions of dollars.

[iota]

Following you guys from 10_20k


This by far the earliest you have made a video on a current topic🙃

[anti-dope]

Small mistake at 11:44. India didn't send 40 tons of gold to Switzerland. It sent 20 tons to Switzerland and 47 tons to UK.

[nickblue]

We need to understand that the welfare scheme in Sri Lanka was not aimed at the betterment for the people but rather buying their obedience and vote bank. No matter the policies with good Economics at heart a country should definitely provide basic social security to it's people

[Tamilz]

After they killed so many Tamils it’s karma I hope for a new government change for my homeland 🇨🇦 🇱🇰 🐅

[arjunthakur]

bisbo explains it in such a way that even 10 year old can understand it

[pulkitchopra]

If this freebie ploitics continues in India then we are also going to face what sri lanka is facing today!

[vloggerboysvibes]

Sri Lanka deserves better life.... Hope it comes soon... Well done bisbo team

[ankursinha]

The most unbiased way of telling the facts and what needs to be done. Even after watching the same content from many sources I always find Bisbo's coverage the best of all. I just want to make a small suggestion, I think you should post more videos of this sort and I don't know what is stopping you in doing that but you should just give it a shot. Thanks 🙏

[swayamp]

I was asking for video on sri lanka crisis since many days, finally uh made it,

[thariqthassim]

Well made video. As a Sri Lankan the situations are extremely bad in here.

[naadanparinda]

Mark my words: After this crisis gets over, Sri-Lanka will continue their inherent hate against Indians. In fact, their tiny navy is still being cocky and continues arresting Tamil fishermen. No matter what you do to countries like Sri-Lanka and Nepal, they'll continue playing the China-Pakistan card against us.

[ralphserrao]

The best way to deal complicated news into fun videos that’s what Bisbo does kudos to the team

[muthuvelayutham]

well done bisbo. Good job. Simply sublime.

[Aman-qrwi]

Indians should take note.

This video is a very important case study with respect to statecraft, diplomacy, economics and geopolitics.

Thank you so much Bisbo, you're very cool.