Sri Lanka is Just the Beginning — More Defaults Are Coming & Perhaps Another Case for Bitcoin
Published in
8 min readApr 20, 2022
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.
