The IMF claims that the debt crisis is one of liquidity, requiring money thrown at the problem, rather than one of solvency, compelling debt forgiveness that should be absorbed by losses to the financiers. In Sri Lanka, this political fix…

Massive demonstrations that swept Sri Lanka last year exposed the serious challenges at the heart of the global economy. In July 2022, former President Gotabaya Rajapaksa was forced to flee the country, only a few months after announcing a hasty…