hungry people, storming the palaces of the rulers and robbing the homes of the senior ministers
, officials and influential people. They even set it on fire after looting
everything in it. Some views of Sri Lanka's financial slump roaring
, economically and politically, they may send messages and messages to other countries, including
Arab countries. Perhaps the economic collapse may reach some of them because
hungry Arabs storming the palaces of their leaders and the luxury homes of major
responsible. Protesting hunger and corruption. Especially since reports of
Arab and Western media outlets who saw a great possibility of repeating the scenario of the
Sri Lankan. In Arab countries going through similar economic conditions. At one time
the world stands on the brink of a major economic recession as a result of the
Ukrainian revolution and the energy and food crisis resulting from what analysts say
the rule of the Rajab Aksa brothers in Sri Lanka provides a traditional model
for the ruling elites in some Arab countries. This means that some
Arab grains. You may really be facing the dangers of similar hungry revolutions,
the next few months will stop. Following the similarity of the causes of popular protests,
across the Sri Lankan capital. With the circumstances
deteriorating living conditions of some Arab peoples? Especially with countries starting
Arab countries are facing a rapidly worsening food crisis. Due to the high prices of
more than fifty percent in global markets. and lower volume
grain exports due to the Ukraine war. In addition to the rise in
energy and oil, and high inflation rates. What are the
is more threatened than others with economic collapse. It may be according to
the Sri Lankan scenario completely or similar to it with only some details.
the capitals of belt-tightening. From a purely economic point of view. The countries that,
entering the circle of bankruptcy risk. Those countries that depend on funding are
foreign capitals to support economic growth due to the continuing risks of stopping lending are
for one reason or another. Or if the creditors raise interest rates
a result of an Arab tendency to rely heavily on borrowing, the issue
current account deficit has become a political and economic burden for this
of countries. Especially if fears emerge that the flow of capital to finance
deficit prices. What necessarily leads to a deterioration in the value of the local currency and confusion and as
sudden economy. The current account usually runs a deficit when it exceeds
, meaning that it spends more than it earns for several reasons, it
headed by low saving rates, or because the country tends to
borrowed. According to the website's data, it includes a list of Arab countries that,
has a current account deficit. Therefore, it is more qualified than
Other economic crises may be followed by a collapse. On top of that, Lebanon, whose
The current account deficit reached minus twenty-two point twenty percent.
while Sudan's current account deficit reached minus ten percent.
and then Jordan by minus eight percent. Followed by Algeria, minus seven points
eighty percent. Mauritania also recorded a deficit in its current account
By minus seven point sixty percent. Then Tunisia by minus
six thirty percent. Followed by minus four point sixty percent.
followed by Morocco by minus two thirty percent, and Bahrain
minus two point ten percent. Far from
global official bank cash reserves, Arab countries such as Syria and Yemen remain among the
most likely to have a sudden economic collapse. Yemen is suffering from a war,
It has been going on for seven years. The Houthi militias control areas of
the country. Which leads to a lack of liquidity to cover the country's imports of goods.
Especially after the Houthis looted the
Central Bank when in the year two thousand and fifteen they took control of the capital,
Sanaa. Although Syria does not suffer from external indebtedness after it was declared
year two thousand and nineteen , Syria repaid the entire external debt of the
twenty billion dollars, mostly Russia, Iran and Iraq. However, in the
qualifies for the collapse and revolution of hunger more than others. As a result of the lack of liquidity
necessary to cover their imports from abroad. Especially after the decline in support
, Russia is busy in the war with Ukraine. What brought the country's economy
in a new phase of collapse. state bankruptcy. back to
, angry Sri Lankan demonstrations and the invasion of the palaces by the hungry. Its
erupted only shortly after the state declared bankruptcy completely.
although other countries declared bankruptcy before Sri Lanka, like
Brazil, but the situation in Sri Lanka was the most deteriorating.
. Usually, state bankruptcy occurs when the state is unable to pay the
sovereign debt and incapable of meeting its financial obligations
other Lebanon. Such as paying salaries and wages and paying for imported goods
goods. According to economists, the bankruptcy of countries cannot be compared to the bankruptcy of
companies and individuals. Where the International Court cannot decide to facilitate
state assets and property to pay creditors. Contrary to what the courts do
with companies and individuals. In other contexts, the declaration of states can be seen
bankruptcy as a good opportunity to escape the grip of creditors and a bold attempt
to save the economy. But such a step is not without repercussions
dire statistics. Such as investors transfer their savings from local banks to
abroad. And thus the collapse of the banking sector and the halting of commercial activities,
, industrial and price inflation and the erosion of purchasing power. With the reduction of the state's consumption agencies
belong to the International Classification of Bankrupt State Classification. Or
, at least issuing warnings about investing in it. Looking at
history, it can be said that fifty percent are from Europe, and about
Forty percent of African countries and thirty percent of Asian countries
its bankruptcy once or more during the past two centuries. between
major global economies such as America, Germany, Japan and Britain,
China. What this means is that the end of any country does not mean that it has to repeat
Sri Lankan script. However, the matter remains within the framework of the possible
expected Russian war. As long as the circumstances are the same.