> In political science, the term banana republic describes a politically and economically unstable country with an economy dependent upon the export of natural resources.
but also, ismt that a description of dutch disease?
a banana republic is a country where the US installs a brutal dictatorship on behalf of a banana company, and the punishment for not helping grow cheap bananas for rich americans is a slow, tortuous death
It appears it’s pork, which lands in China. Current corrupt government is fighting tooth and nail in order to not start a trade fight with China at EU level.
You do realize that when a term was coined many years ago its definition might be broadened?
I don't have any insight into what to call it right now, but I thought for several decades after WWII it was still fascist? If anything being a banana republic might not be as as bad as what it used to be
I did a whole Wikipedia deep dive on this several months ago. I vaguely remembered hearing how long it took for it to switch back, but the history around it is kind of fascinating; the son of the previous king was groomed to be the successor of Francisco Franco, and I guess he did a good enough job convincing him that he was ideologically in agreement so that the power was passed to him, which he then used to reinstate a republican form of government.
