Home Real Estate How politicians rob citizens? [Sri Lanka economic crisis]

How politicians rob citizens? [Sri Lanka economic crisis]

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How politicians rob citizens? [Sri Lanka economic crisis]

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#Srilanka
Right now, Sri Lanka is going through a massive crisis.

Inflation is hitting 17.5%!
Currency is devalued by a huge margin and people are traveling via bullock carts.

What went so wrong that the situation turned so ugly?

Watch this video to know this and also if a similar situation can turn out in India too? 🙂

00:00 Intro
01:06 What’s In Today’s Video
02:13 Current Situation in Sri Lanka
10:54 Can India Face Similar Issue?
15:03 Key Actionable
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Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons

Video Editing: Vallabh Salgaonkar
Thumbnail: Ayushman Khare

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28 COMMENTS

  1. Bro , in Lanka there is some sort of accounting mismanagement as well as i have heard tht the govt doesn't fully know their actual debt, its structure and repayment plans. a lot of it is in the air, so financial/accounting mismanagement at the govt and audit level is also to blame.

  2. No words to describe your knowledge and sharing..Can you create a video and share how to select any bond from Golden Pi or Wint… Especially where you invested for your parents..In which bonds…? Basically the selection criteria of any bond apart from senior and secured..What other things to look out for..?

  3. India is not on a verge of collapse like srilanka. Rightist party spreading lots of communal hatred that's what iam worried about now. More than corruption it needs to be addressed first.
    Law and order and peace was the first and foremost of a country to attract investors if we failed it then we face serious issues

  4. I feel Akshat tends to present a extremely pessimistic view most of the times.
    Sri lankan economy is very small, they have more imports than exports, their tourism sector is in a mess due to covid since last 2 years, situation across the globe is not pretty especially with oil prices. These and many other factors contributed to the current situation. To extrapolate it and apply it to India, does not make sense in my view.

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