Sri Lanka *JUST* COLLAPSED | No Gas, No Food: The Coming Global Crisis

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Source:
1) https://www.bbc.com/news/business-61961821

Sri Lanka was a beautiful place, a place that attracted many tourist and had a large growing population. However this population of 22,000,000 is now greatly struggling due to fuel being cut off as well as food shortages. We are witnessing the entire collapse of the country as well as an economic collapse of their economy. I believe what is happening in this Sri Lanka Collapse could become a coming global crisis, this crisis could be one that could catch billions of guard.

We are seeing many businesses close entirely as well as many industries being forced to cancel operations due to a lack of customers with money and lack of employees able to commute to work.

Could the growing crisis in Sri Lanka come to other locations? What could this mean for the overall global economy and what can we learn from this?

There are many great lessons that could be learned. One of which is to have an online business as in Sri Lanka they suggest to work from home. The next is to have low debt levels and have high cash reserves so that you can invest and have options in the event of an economic crisis and the last thing is that you are simply prepared.

#srilanka #economy #recession

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