ThePowerBrunch
Published in

ThePowerBrunch

Sri Lanka is Just the Beginning — More Defaults Are Coming & Perhaps Another Case for Bitcoin

Photo by nikko macaspac on Unsplash

During the first two weeks of April, 2022, Sri Lanka defaulted on its debt for the first time since the island country declared its independence — almost 75 years ago. To seasoned economists, this likely wasn’t a surprise — as the signs of debt default were all there, with its occurrence likely more a matter of when, and not if.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ryan C

Ryan C

I write about blockchain, crypto, the creator economy, NFTs, DeFi, & (insert buzz word here). Sometimes, I write about other things too.