(DCWatchdog.com) – The citizens of Sri Lanka, a small island nation in South Asia, have seen their nation devolve into a state of chaos, poverty, and starvation after the country’s now former president tried imposing “Green New Deal”-type policies on its farmers.
Since the end of April, Sri Lanka has been in political turmoil. Sri Lankan protesters angered by the rapidly developing economic crisis have recently made global headlines by storming and even “conquering” the palaces of the president, the prime minister, and other government buildings.
Amid the chaos, Sri Lanka’s President, Gotabaya Rajapaksa, has barely managed to flee with his own life, escaping the country, and getting replaced by another questionable political veteran.
Sri Lanka, a nation of 22 million people off India’s coast and the size of West Virginia, has about 2 million farmers who have borne the brunt of Rajapaksa’s much-criticized anti-climate change, pro-eco policies – and so has, in fact, every single citizen of the country.
According to tech tycoons Chamath Palihapitiya, a citizen of both the US and Canada and Sri Lankan origin, and David Sacks, it has been precisely the now deposed president’s “Green New Deal”-style measures that have destroyed the economy of the small Asian nation.
Billionaire Chamath Palihapitiya, the CEO of Social Capital, a consultancy, was interviewed by co-host David Sacks, a member of PayPal Mafia.
Both agreed that the green policies pushed on Sri Lanka by international bodies such as the World Bank, the International Monetary Fund, and the world economic forum in Davos had misled the nation.
“Somewhere along the way the leadership of Sri Lanka decided that they were woke and so they enforced every farmer to go organic,” Palihapitiya said.
“The problem with going organic and organic fertilizer was all the small farms shut down, all of the large farms had 20 to 30 percent crop yield reductions, and the prices of food went crazy,” he elaborated.
“What they found as they tried to go woke, they went broke,” the tech billionaire concluded.
A consensus is emerging that the ex-president’s “green” measures have left Sri Lanka unable to pay for its fuel, food, or medicine.
The Green New Deal crisis in the country developed swiftly after Rajapaksa vowed to forbid the imports of chemical fertilizers and pesticides as early as 2019.
By the end of April 2021, he had delivered upon his promise, and things in the country’s economy got totally out of hand in just a single year.