e-Con e-News blog: eesrilanka.wordpress.com ‘Before you study the economics, study the economists!’ e-Con e-News 14-20 July 2024 * In 1504, Portuguese king Dom Manoel issued a decree forbidding the insertion on maps of any routes beyond the Congo, and had any references to these routes erased on all maps drawn even prior to that. Portugal invaded Sri Lanka in […]

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New Money The Congressional Budget Office has admitted that the US national debt cannot be repaid. So what’s the solution from the US Government and Federal Reserve, will this weigh on the election, and what will the result be for the stock market?

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The Homeless Romantic Ben Norton of Geopolitical Economy wrote an article that discusses the misleading accusations against China for Sri Lanka’s debt crises and economic instability. Contrary to popular belief, 81% of Sri Lanka’s external debt is owed to Western financial institutions and allies, while China holds only 10%. The West’s accusations are criticized as […]

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Dilrook Kannangara Sri Lanka is doomed under Ranil’s foolish gimmicks that are kept hidden from locals. However, an influential expert group has pointed out the real horror of Sri Lanka’s so-called debt restructure. All that Ranil has done is pile up more and more debt since late 2022 and postponed the repayment of loans and […]

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Lanka ABC news

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