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The political instability consequent to the coup d'état stalled the Honduran economy, and the unpayable external debt (c. US$4 billion) of Honduras was excluded from access to international investment capital. That financial deficit perpetuated Honduran economic stagnation and perpetuated the image of Honduras as a banana republic. [16]
The Zieglers founded Banana Republic in Mill Valley, California, in 1978. The brand's safari-style clothing was styled by Patricia Ziegler. Mel wrote the catalog. Upon hearing the business's name, a friend told the Zieglers, "Bad choice. You'll be picketed by people from small hot countries." [2]
In American literature, the term banana republic originally denoted the fictional Republic of Anchuria, a servile dictatorship that abetted, or supported for kickbacks, the exploitation of large-scale plantation agriculture, especially banana cultivation. [33] In U.S. politics, the term banana republic is a pejorative political descriptor ...
Bernays's most extreme political propaganda activities were said to be conducted on behalf of the multinational corporation United Fruit Company (renamed Chiquita Brands International in 1984) and the U.S. government to facilitate the successful 1954 coup against the democratically elected president of Guatemala, Jacobo Arbenz Guzman.
The generational gap of political positions could be due to the fact that today's youths grew up in different sociopolitical environments to their parents and grandparents - environments which make them more likely to go to university, correlating with socially liberal views on certain issues. [25]
Clinton campaign manager Robby Mook called the remark "chilling" and said: "Trump thinks that the presidency is like some banana republic dictatorship where you can lock up your political opponents." [ 59 ] The remark was viewed as part of "a litany of statements [Trump] has made during the campaign that many legal specialists have portrayed as ...
The term "banana republic" seems for a long time to have been used to refer to any Latin American dictatorship, regardless of dependance on exports or relations with the US/private industry - here is an article from a video game designer using "banana republic" and "Castro" in the same sentence. --Eldomtom2 13:43, 17 May 2022 (UTC)
Castillo Armas quickly assumed dictatorial powers, banning opposition parties, executing, imprisoning and torturing political opponents, and reversing the social reforms of the revolution. In the first few months of his government, Castillo Armas rounded up and executed between three thousand and five thousand supporters of Árbenz. [ 3 ]