Sri Lanka is in Crisis: Here's Why 

As a Bangladeshi I understood how terrible the situation in Sri Lanka is when I realized the fact that they were bailed out by Bangladesh

Damn.. you somehow made this even more depressing than actually living in Sri Lanka 😐

As a Sri Lankan; In simple terms, the government took money in the form of loans from other countries. Used them to live a lavish life, and destroyed the Sri Lankan Rupee little by little. This same cycle has been running since Ranil's relative took precedency around 1978/9.

It's very sad to see what's going on in Sri Lanka, and I'm very worried that the same will happen to my country aswell (nepal), I pray for all my fellow Sri Lankans 🙏

The only option left for Sri Lanka is to get massively bailed out by international institutions with dollars and introducing very restrictive reforms (higher taxes, less public spending). We might even see Siri Lanka paying for oil or whatever they need with tea or whatever they produce instead of dollars. Anyway this surely won't be liked by the people but at the current situation it's the only option, add to that the risk of next civil wars and many years of 0 tourists who won't travel to such unstable country. The other possibility might be China bailing them out for allowing to operate military port or maybe even India, who knows.

I know it's been said before but I really enjoy how your portray the country flags as their national animal. Very unique and I love animals and it's interesting to see what animals are a country's national animal

I lived in Sri Lanka from February of 2017 to November of 2019. While I was in the country I loved it and i miss it dearly. It makes me sad to see what has happened to it as I still have friends living in the country. I hope to return one day but unfortunatly that doesn't seem to be any time soon.

Sri Lanka was like this person who had everything but had a terrible childhood. It was having flashbacks then later went to drink. It became an alcoholic and spent it’s money and time in bars. Things were becoming worse like the person’s wife getting a divorce, the kids leaving with the wife and etc. He lives in the streets broke and now addicted to drugs. Tell me what Sri Lanka is in your opinions. This is a comparison. Edit: Pls don’t get offended.

Excellent analysis. I have a friend from Sr Lanka and have been following the development. One of the key reasons you do not touch upon is corruption. I learnt that many in the government and at important positions were manned by one family ! Very sad. Hopefully, they find better people to govern and the West can extend a helping hand

Hi Im a Sri Lankan. I see that this vid was released 2 years ago. At that time Sri lanka fell down so bad. Lot of Power outages and more. We ran out of fuel and oil and those times are terrible. But now, new president increased taxes. And as I see sri lanka is growing again. Thank you for making this video and You got a sub💗

Another contributing factor is the fact that the political leadership was a corrupt family that pretty much had control of the government and led to this. They are the reason for at least the economic issues.

Small countries that rely on import usually strengthened their economy on two particular thing: manufacturing of goods that require special experise (f.e: Liechstenstein produce false teeth and Taiwan produce chips and electronic supplies) or banking (Hong Kong, Singapore, Bahamas, Panama). Small countries that dont have any other strong sector besides tourism can easily die when tourism is fucked. However people always need good and people always need place to keep the money However the ongoing wars obviously make foreign investors reluctant to trust their money in Sri Lanka. If only back then people could realize early that they ought be united and not to consider themselves as more superior than others, Sri Lanka could have been rich by now

In indian subcontinent every country except india and Bhutan are facing a shortage of foreign exchange reserves Indian foreign exchange reserve has also declined from 640 billion dollars to 570 billion dollars and it is still decreasing

President Gotabaya? More like President Gotabaya new house in Singapore.

“Today I prayed for Boston, for America, my home away from home. Today, I realized how lucky we Sri Lankans are to have peace in our country. How I feel today, hearing of the bombs going off in the city brings back memories of how I used to feel four years ago in Sri Lanka when the LTTE was setting off bombs all around Colombo” ― Thisuri Wanniarachchi

I am excited to hear your take on this topic, mate! Keep it up!

I follow some Sri Lankan Buddhists. Beautiful country. I pray the country finds peace at the least, the history and culture is so magnificent. One of the only Bodhi trees from the original is there.

This aged well, Sri Lanka didn't split and things are getting back to normal

As a Canadian who's parents and grandparents were from Tamil Sri Lanka, I think they're doomed. With lack of food and the pandemic, they may not be able to survive. Recently, Sri Lankans traveled to Colombo and flooded the prime minister's house. Swimming in their massive pool, drinking their beer, eating their food, etc. They had to fled the capital. My mom went to Mullaitivu for the summer and she says there is decent living there and protests don't happened. It still means they face trouble and I do hope they recover with peace.

It is a matter of time for many countries in Latin America to follow a not so harsh scenario, but a similar one to Sri Lanka's.

“In Sri Lanka curiosity was not a trait encouraged among children, particularly in girls, because those in power- often males, but anyone older, or of higher caste, education or influence- were always right and their reasons needn't be explained or understood to the subordinate.” ― Niromi de Soyza

As a Sri Lankan, I can confirm thst Srillion is my favourite number.

Id love to see spanish American war in your style, the flag animals are so cool and creative! Gud vid

Today I learned that the Grizzled Giant Squirrel of Sri Lanka is a real animal, and they are adorable.

i wish you put more emphasis on corrupt leaders on the head of state

I'm wondering why it took the algorithm so long to suggest me your channel, but I'm glad it finally did. Subscribed.

This coming decades will be interesting. Many countries are going to collapse while some will hold. Countries that are have a strong agricultural economy, that can access input like fertilizer, oil, natural gas and any form of energy to power their economies should be able to hold.

sri lanka is beautiful and im so sorry for the people there...

I don't understand how country with so many food growth abilities can be so dependent on food import

This was super interesting, thanks for sharing with us! Keep up the good content man. God bless you :)

I'm actually in Sri Lanka right now visiting family and power does indeed go out every now and gas is scarce too so not a lot of traveling is happening

It was so sad coz Sri Lanka is better country in South Asia in terms of gdp per capita even bigger than Philippines and this was all happen.😢

You need to add the source of your information and link in description all the data you used in this video becouse otherwise no one can check if the data are true or false.Thats the difference between speculation and facts

stay strong my brother and sister in Sri Lanka you guys are the best and you have one of the best history an culture and i love learning about you guys pakistan is unfortunate might go through the same thing because of our bad government but i really really hope it dose not and i do think there is hope just stay strong love form pakistani 🇱🇰 ❤🇵🇰

I truly enjoy your content, especially with the videos from a year ago or younger, you finally understood the rhythm and dynamic for talking, and the visuals and jokes get better, this is very solid work

Thanks for the amazing vid Hoser!

Ive actually been to Sri Lanka and has several friends from there. AS far as IM concerned, there was a harsh economic crisis, but no violence was present. Thats what was peculiar about it, the protest were done peacefully.

I hope Sri Lankans get out if this crises, and I am sure they will, much love and power to Sri Lanka from India🇮🇳❤️🇱🇰

His voice and talking pace really emphasize the bad 😂

Excellent breakdown of the history and implications, hope things smooth over soon

I'm worried about it, I hope the situation in Sri Lanka gets better, and I also hope the same not to happen in Latin America, socialists are being elected in so many countries, and some of them are in a high risk to collapse, specially Argentina

1:20 “We didn’t start the fire, it was always burnin since the world’s been turning.” Billy Joel and chorus

One of the better videos I have seen on this topic .. and a good explainer without having to explain the whole Rajapaksa family shenanigans ... While the lockdowns of 2019 & 2020 (and then again 2021, thank you omicron) were already tough, I am happy to have left in August 2021 ...

I remember going on vacation to Sri Lanka about 5 years ago. It was a beautiful country, with lots of cheap, delicious fruits. Guess I went there at the best possible time

Short answer: Since Srilanka had it's economy relying on tourism,when the pandemic hit and travel was restricted...Well....I guess you can figure this out yourself.

Just a normal day in 2022

7:49... this part is hilariously wrong... the tea plantation Tamils had been shipped in during colonialism to work the tea plantations... and were called Indian Tamils , even though they were not Tamil, they were Malayalis. These Malayalis did not join the Civil War in any way, because their main haters were the Sri Lankan Tamils. The Indian Tamils had been discriminated against the most by Sri Lankan Tamils, not the Sinhalese...

Damn. I really wanna know the background musics used throughout the video

I love the vids.

Hello from India 👋👋 This is informative 👍👍 It's really hard to see Sri Lanka like this 😅😅 It's been 1 year right how is it doing now?

I didn't even know anything happened in Sri Lanka

China owns a 99 year lease on a port in Sri Lanka. That's really troubling

I was on vacation in Sri Lanka back in 2015 with my family and all I can say is that i’m really sad to see them like this:(

The capital of Sri Lanka isn't Colombo, it's Sri Jayawardenepura Kotte, right next to Colombo.

yk i never really understood why the banning of fertiliser was such a big problem, cause sri lankan schools like to preach the fact that organic fertiliser is the easiest shit in the world to produce.... also, for those who are curious, rn, the situation has pretty much leveled out, and tourism is starting to take off again (very few imports tho, so pretty much no new stuff for anyone)

ngl i had a social worker still talk to him he's from Sri Lanka and he told many horror stories and how his family shipped him to Canada for a better life and he still see's them but I Do Hope his family can soon do the same.

3:40 What? That's not even the reason for emigration. A significant chunk of Sri Lankans work in the middle east because of better pay and they don't have degrees for the most part. The remainder emigrate to US, UK, NZ, AUS etc for better opportunities. Demographics is not really the reason for that lol. 9:47 False. Chinese contractors were involved in the development. The President' built an airport in his district probably to gain more support for himself. State-owned enterprises were and still are run inefficiently, employing many people and paying unnecessary bonuses. Energy isn't priced based on market movements, they're fixed. 10:42 That's also false. The government approached China to bail them out so that they can pay their upcoming ISBs which are just loans from the foreign debt markets.

Your vids are amazing btw

I beting that Pakistan will be the next to collapse in south Asia

Love my Sri Lankan bus drivers here in Serbia

When your import dependent and frequently take out loans it is a disaster waiting to happen, look at South Africa who also likes taking out loans but their exports are still strong even with their bad government

Considering the situation in Sri Lanka and so many other places, it seems that countries that are only outraged by fuel and food inflation are actually doing just fine, like here in Brazil. But our "problems" blind us to the places that are really struggling.

I never subscribe to channels that put their ad slots in the middle of the video instead of the end. Just a heads up for you, as I’m likely not the only one

Prayers for Sri Lanka 🙏

the second you said Ceylon this is all I could think of..."So there I am, in Sri Lanka, formerly Ceylon, at about 3 o'clock in the morning, looking for one thousand brown M&Ms to fill a brandy glass, or Ozzy wouldn't go on stage that night."

Next: do either India or Iran

I love how the final advice is just survive, run and dont look back!!!

8:28 Jay Z was the 90s

im Sri Lankan And THIS IS SOOOO TRUE!!!

We are fine here 🙂👍🇱🇰

One of my friends visits Sri Lanka yearly since he's a professional wave rider and I heard someone talking to him about visiting sri Lanka and he said "stick to the beaches"

as a sri lankan i am so sad

1:43 Monsoon: Now there's a pretty meme. Exquisite!

Just need to make a comment of fertilizer thing that was talked in this video. Actually Sri Lanka has very fertilized soil. You can see it by using a world fertility map. But the problem is that the natural rice seeds produce less food and talks longer time to produce a harvest. So Sri Lankan farmers are used to cultivate genetically modified seeds, which produce more food in less time, but needs modern fertilizers. So, banning modern fertilizers means no food. Before banning, Sri Lankans should have learned the old ways of cultivating natural seeds.

10:45 "throwing money at problems type attitude", i am definitely going to use this on conversations from now on. concise.

As for right now in Sri Lanka things are trying to be repaired but tbh if you have any money left, it's best to save up and leave the country to find new opportunities somewhere else than being doomed to suffer for the rest of ur life

Saskatchewan let's gooo I knew Hoser was a real one

Gud Video -rat

*Ranil Wickramasinghe enters the chat* 😈

Day four of asking for a Algeria video

1:13 Mercedes logo

I appreciate how you use the Arabian oryx for the uae in your latest videos the falcon is overrated will you be making a video about the uae?

I like that these videos always end on an upbeat note 😊

this is a very complex things there are so many moving part in this people seriously need see the full picture and not believe what they read on the internet

I see you've used Margit's OST from Elden Ring in the background. Underrated track.

Sri Lanka will stand strong again. 🇮🇳❤️🇱🇰

It's very sad what's happening in Sri Lanka they even tried to burn the prime minister's house...

Can u do lebanon next?

I love these economic intro memes, please keep the Grade-A content coming! Lmao this is some good content!

7:30 Small correction Pak was the first country to get liberalised economy(1960) in south asia.

That MyHeritage plug was seamless

Still better than Venezuela lmao

Awesome video! Do Colombia next please

First love the videos

3:35 for the boys not being loved part, in sri lanka, as of my experience being a sri lankan, It's quite true that sexism is hard af here. Even though teenage relationships seem pretty normal in high school or even middle school days of kids from anywhere else except asia, in Sri Lanka it is almost culturally illegal to do so. The main reason being that adults think this interrupts their education which it would as the education here is one of the hardest and the probably the most outdated since they still teach the 2016 syllabus. For Sri Lanka to develop, the mindset of people should developed along with the education. (But Sri Lankans are pretty hardy on changing themselves' mindsets)

thought This was the story of argentina for a sec

Expressing his gratitude to "trustworthy friend" India for saving Sri Lanka and preventing a "bloodbath" during its unprecedented economic crisis last year, Parliament Speaker Mahinda Yapa Abeywardena has said that not a single nation has extended that kind of assistance to Colombo as done by New Delhi.

I guess the idiom “Better late than never” didn’t work with Sri Lanka

well, it is sad but it is a learning experience making new possibilities for the country every country has a fall but the country might have a rise again

Haha cool to hear of your saskatchewan ancestry; I live there now!