Sri Lanka default.

[ZenOps]

https://www.bbc.com/news/business-61102495

Fitch downgrade from "CC" to "C". "D" basically means that no money will be paid out on any investment, zero cents on the dollar.

Small riots. But nothing nation shattering - yet.

[ZenOps]

"This week alone, 11 people have died waiting in queues for fuel, according to police officials."

https://www.cnn.com/2022/06/23/asia/sri-lanka-economy-collapse-prime-minister-intl-hnk/index.html

Honestly though. All things being the way they are, I expected far worse by now.

[ZenOps]

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BBC chimes in.

[ZenOps]

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President flees to Maldives. Prime Minister in charge for now. Always wondered how much fuel those little Tuk Tuks used. It seems they are lining up for three days to get three litres of fuel.

Could be a sign of times next year for Europe.