It’s been a tumultuous week around the globe.
We have been closely watching the decline of Sri Lanka’s economy, as gas and food shortages have led to massive protests, with wait-times for gasoline stretching out for days on end.
It seems that Sri Lanka is the first canary in Modern Monetary Theory’s (MMT) coal mine, to take a disastrous tumble.
The government’s nepotism, corruption, and implementation of Green-New-Deal-style farming regulations, in addition to worldwide drops in travel, have sunk Sri Lanka into complete chaos.
