Thoughts Out Of Season

 The World Bank says it has no new plans to help out Sri Lanka from circling the drain unless it comes up with a better macroeconomic plan Translated into English this means: Cut back on government on government spending especially that which are geared to helping the poor ( their logic: " Hey 1/2 of the people are starving. 1/3 is not such a big reach") Privitation: Sri Lanka Airlines bring in $1.9 billion a year. "Sell it off to private investors for $100" Open up the economy. Let speculative money flood into the country. That will raise foreign reserves so you can buy more crap ( they don't say that should something minor happen, like a monk tripping over a dog chain  and spraining an ankle, will lead to a flight of capital out of the country overnight that will send their currency  falling  so fast you'll be better off using it for toilet paper in a few days) I damn with all my heart the IMF, WORLD BANK AND EVEN IN DEATH THEIR DEMIGOD MILTON FREIDMAN AN...

  Today millions of people are rejoicing in Sri Lanka at the resignation of Prime Minister Panil Wickremesinghe. The country has been plunged into chaos by economic devastation that has seen widespread food and fuel shortages, cuts in power and electricity sometimes lasting 12 hours a day, crippling inflation and even scarcity of medication to treat the most serious diseases. Lines for petrol snaked for miles through the streets u til the government outlawed sales to anyone but essential services like police, fire and EMS. Millions of people have taken to the streets in jubilation that the reigning government is now gone But what comes next? Who will emerge to take charge? Will it be the military who will restore calm using tactics, well that  militaries usually do? Will a military strongman come to power and install autocratic rule and put a clamp on democracy? Will it be a civilian government set on honoring all that democracy has to offer? Whomever is in charge is going to ...