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While Sri Lanka s monetary meltdown acceleration with historic low interest rates driven by money printing after the tax cuts of 2019, the storm gathered pace from 2015, when rapid foreign debt accumulation greater than the annual foreign financed deficits began. ....
Sri Lanka s severe monetary instability, the obsession with controlling imports, the trade and current account deficit is a graphic example of how Keynesian or Mercantilist ideology, which is not based on logic, reason or economics, can devastate a country at peace. ....
By Dan O Donnell Jun 3, 2021 Vice Presidents by their nature are rather anonymous and easily forgotten. Richard Mentor Johnson, George Dallas, and Schuyler Colfax aren t exactly household names. But sometimes, extraordinary men are elevated to this rather ordinary office and do extraordinary things. They advise, they craft policy, and sometimes.they make music. This is the forgotten history of the Vice Presidential Pop Star. Charles Dawes was a man of many interests and talents; something of a microcosm of America itself. And in a very real way, Dawes was America itself. A descendant of both Edward Doty, a passenger on the Mayflower, and William Dawes who accompanied Paul Revere on his midnight ride, Dawes from an early age knew that he wanted to live up to his famous family name. ....