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Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments – NaturalNews.com

https://www.naturalnews.com/2022-04-24-governments-to-collapse-global-supply-chain-crisis-inflation-worsen.html#

(Natural News) The supply chain crisis caused by entire countries shutting down for months over a virus that had a 99.5 percent survival rate is now being exacerbated by the war in Ukraine and new lockdowns in some producer countries, and is now causing some countries so much economic stress they are defaulting on their debts.

Sri Lanka, which is currently undergoing massive unrest due to a tanking economy, has announced that in order to preserve what dollar reserves it has in order to buy food and energy for its people, it will suspend its debt payments, likely triggering outright defaults that could produce a domino effect.