Tags: sri lanka | debt | chaos | u.s. | biden administration | green agenda

Could Sri Lankan Chaos Happen in US With Debt 'at the Limit'?

Police fire tear gas canisters to disperse protesters demanding the resignation of Sri Lanka's President Gotabaya in a street leading to Sri Lanka's Presidential Palace in Colombo on July 9. (Getty Images)

By    |   Tuesday, 12 July 2022 06:30 AM EDT

As economically frustrated Sri Lankans force the president and prime minister out of office, experts say the chaos should serve as a wake-up call to the Biden administration.

For months, Sri Lankan President Gotabaya Rajapaksa blamed his country's financial plight on the COVID-19 pandemic and the Russian war in Ukraine, failing to take any ownership for his own policy missteps, including the undervaluing of currency and a push for organic farming, a major blunder that helped fuel the turmoil – and a blunder that's currently being repeated in the U.S.

Marisa Herman

Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.

© 2024 Newsmax. All rights reserved.


platinum
As economically frustrated Sri Lankans force the president and prime minister out of office, experts say the chaos should serve as a wake-up call to the Biden administration.
sri lanka, debt, chaos, u.s., biden administration, green agenda
1083
2022-30-12
Tuesday, 12 July 2022 06:30 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved