>>Did you see my links about Sri Lanka?
yes.
A lot of factors are causing Sri Lanka’s situation
1) China Port deal (Port was built at the wrong place where there is a very low business and China building cost was so high, now china took that port and asking for payment of building loan). A lot of bribes were paid to President’s family.
2) COVID lockdown. (Economy is hugely dependent on tourism)
3) Organic farming
4) Risidule effect of 30yrs of civil war.
And the Paris Treaty.
China swoops in and takes over when smaller or poorer countries get taken in by Western greenness.
It can happen so fast.