Economic Crisis

Sri Lanka is broken. Thousands queue daily outside petrol pumps for their ration of four gallons of fuel. Armed police, by law, guard each pump, stopping fights. Lined up for eight hours in the heat of the day leads to frayed tempers. Some have even died while queuing.

Fuel prices have doubled. Vegetables are now five times more expensive than last year. Rice is up 30 percent. People have a choice: Shop at a private supermarket, or spend all day in the queue at a government-run shop, where prices are three to four times lower.

Read more at “Could America Soon Look Like Sri Lanka?”