Question

Everywhere you look, banana republic.... without bananas.

"A banana republic is a country with an economy of state capitalism, whereby the country is operated as a private commercial enterprise for the exclusive profit of the ruling class. Such exploitation is enabled by collusion between the state and favored economic monopolies, in which the profit, derived from the private exploitation of public lands, is private property, while the debts incurred thereby are the financial responsibility of the public treasury. Such an imbalanced economy remains limited by the uneven economic development of town and country and usually reduces the national currency into devalued banknotes (paper money), rendering the country ineligible for international development credit" -wiki

Here is the twist. The USA issues its own credit. lol because, seriously who in their right mind would give credit to the most indebted nation in the world?

Etymology

In the 19th century, the American writer O. Henry (William Sydney Porter, 1862–1910) coined the term banana republic to describe the fictional Republic of Anchuria in the book Cabbages and Kings (1904),[1] a collection of thematically related short stories inspired by his experiences in Honduras, whose economy was heavily dependent on the export of bananas. He lived there for six months until January 1897, hiding in a hotel while he was wanted in the U.S. for embezzlement from a bank.[5]

In the early 20th century, the United Fruit Company, a multinational corporation, was instrumental in the creation of the banana republic phenomenon.[6][7] Together with other American corporations, such as the Cuyamel Fruit Company, and leveraging the power of the United States government, the corporations created the political, economic, and social circumstances, that led to a coup of the locally elected democratic government that established banana republics in Central American countries such as Honduras and Guatemala.[8]

“You Either Die A Hero, Or You Live Long Enough To See Yourself Become The Villain”.

#government #economic #created #nation #money #world #book #USA

Krunoslav 9

Answer 1

We are making a real run for the "Banana"!!!!!!!!!!!!

Answer 2

Free speech is becoming a thing of the past.


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