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Re:Sri Lanka is having a textbook currency crisis, triggered... by lanstin on Tuesday July 12, 2022 @09:53PM (#32078159)
The Rajapaksa family gave out jobs based on nepotism not expertise, and weren’t the sharpest knives in the drawer. It is completely insane policy, as was flatly running out of currency before doing anything about it. It will be a long road to recovery. At least they have kicked out the family from the government, and have a pretty solid plan to reverse the authoritarian sections of the constitution put in place by the Rajapaksas a few years ago. And the movement to oust the Rajapaksas has brought the whole populace toghether in a way that Sri Lanka sorely needs, Sinhala, Tamil and Musliam all working together non-violently can only be good.
Re:Sri Lanka is having a textbook currency crisis, triggered... by thematrixturtle on Tuesday July 12, 2022 @10:32PM (#32078415)
The immediate problem is that the entire legal order of succession (PM, president, Speaker etc) are Rajapaksa cronies who are busily getting the hell out of Dodge^W Colombo, so it's not at all sure who is going to form or lead the next government.

There are also a lot of unresolved tensions left over from the vicious civil war that devastated the island for decades, so it's sadly possible that things take a turn for the worse.

Re:Sri Lanka is having a textbook currency crisis, triggered... by manquer on Wednesday July 13, 2022 @12:39AM (#32079089)
not just cronies, relatives , even the Speaker is family member.
Re:Sri Lanka is having a textbook currency crisis, triggered... by lumost on Wednesday July 13, 2022 @04:51AM (#32080331)
Are there any neighboring countries which could reasonably assist in establishing a new government?
Re:Sri Lanka is having a textbook currency crisis, triggered... by thematrixturtle on Wednesday July 13, 2022 @05:16AM (#32080460)
India, but the two countries have a very complicated and touchy relationship. Sri Lanka's Tamil minority, including the Tamil Tigers, was heavily supported by Tamils in India. However, Tamil Nadu (the Indian state) itself has a fractious relationship and the Tigers repaid India's attempt to send in peacekeepers by assassinating Indian PM Rajiv Gandhi.
Re:Sri Lanka is having a textbook currency crisis, triggered... by throaghan on Wednesday July 13, 2022 @12:18PM (#32084782)
Minor correction - Gandhi wasn’t assassinated for sending in peacekeepers. It was for sending in and leaving unchecked a notoriously brutal “peacekeeping” force who terrorized the people they were there to protect: https://en.wikipedia.org/wiki/Indian_Peace_Keeping_Force#War...

Quite justified in my opinion.

Re:Sri Lanka is having a textbook currency crisis, triggered... by pjc50 on Wednesday July 13, 2022 @06:03AM (#32080695)
You mean carry out a coup and/or invade?
Re:Sri Lanka is having a textbook currency crisis, triggered... by lumost on Wednesday July 13, 2022 @06:14AM (#32080750)
No, when a government collapses it is not uncommon for a neighboring country to provide structural assistance in establishing a new government.

This only really works with a UN declaration/international support. Having historically friendly ties makes this a better proposition.