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Message: <blockquote data-quote="giggee" data-source="post: 20491387" data-attributes="member: 75685"> That's what happens when you go after a country who is having the money and also have invested in your country .. Mind you  its the only country who has money to offer.  india took 60 billion usd projects from china in year 2015 . What we did we blamed them<img src="/styles/default/xenforo/smilies/default/rofl.gif"  class="smilie" loading="lazy" alt=":rofl:" title="ROFL    :rofl:" data-shortname=":rofl:" />  you need to understand consequences of what you are doing.. They stopped all the projects including major once and now they are asking for penalties as well.  Hambantota project was a huge plan to make  in to a huge industrial and international event zone..  But only few was built they first started building airports and harbour . To built a harbour  was thought in early as 1980's but nobody did  .. This route have most vessels  but not marketed properly..   Our debt is increasing in rupee terms hugely due to devaluation of the ruppee . In 1976. 1USD was 8.50 LKR.  Just as economy got opend  it went upto 16 in one day in 1978...    In 1990  1 dollar was at LKR 40. In 1994 it was 50.  25% up was seen in just 4 years In last  1 and half years it been 15%.  We felt apart due to 88/89 lot of businesses lost their contracts and got wiped out from their markets so production plants went down .. Thats why we are here ...You cant blame mahinda for taking loans cause  nobody left him even a single ruppee to spend .. He got an empty treasurey. They gave him the country After selling sathosa (sathosa buyer took a loan from. Boc to buy it with political support. And that loan was not payed back)  air lanka. Sri lanka insurance, gas  and even sold half of petroleum units. and loan to GDP was 102% in 2005 when he took the office  but it was 68% when he left cause of production mainly in service  sector has gone up.. If. Anybody before mahinda had saved single ruppee to spend to build all he did including even clean roads in colombo (now all the plants are brown no watering)you can argue for taking loans..  He managed a war and development better than  everyone thought.. He choose the right friends with money ..   Thats how he built it..  He manage to built these while  crude oil barrel was at 140+  . If now we had same price then this government not have any options.Only thing is how suddenly these people from last year felt they cant pay  back? Cause they did not get money ruppee got devalued loan payment went larger. N larger ...    But major issue was taken place in 88/89 our country lost major industries  due to jvp buggers our businessmen lost contracts with foreign parties factories got closed thats why we are here<img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" />:   Last thing  is choose the right people to be friends and when they help  do not bite them cause they gonna bite you back everybody has a limit .. <img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /><img src="/styles/default/xenforo/smilies/default/D.gif"  class="smilie" loading="lazy" alt=":D" title="Big grin    :D" data-shortname=":D" /></blockquote>

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