6min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Why the Srilanken Government Is Implementing These Policies?

In march 20, the central bank of srilanca began printing money in order to finance a growing budget deficit. The result was massive food and security as well as the whole economy, basicly, hats been crippled. And now everything is super expensive; essential imports are being imported because people can't pay for them. So this is going to collapse, it's goin to get bailed out. There seems to be a complete societal breakdown that needs to be addressed.

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