"A banana republic is also characterized by a ruling class that curtails
people's personal freedoms and is moving toward a heavy-handed military
dictatorship under the excuse of fighting guerilla (or terrorist)
opposition groups or enemies. Moreover, the fact that the ruling class or
elite comes from different political parties isn't a relevant factor in
classifying a country as a banana republic; what IS relevant is the
determination of the elite, irrespective of which party its members belong
to, to shift wealth from the majority of the people (the masses) to
themselves, usually through simply printing money and incurring chronic
budget deficits, and frequently also through senseless warfare."
people's personal freedoms and is moving toward a heavy-handed military
dictatorship under the excuse of fighting guerilla (or terrorist)
opposition groups or enemies. Moreover, the fact that the ruling class or
elite comes from different political parties isn't a relevant factor in
classifying a country as a banana republic; what IS relevant is the
determination of the elite, irrespective of which party its members belong
to, to shift wealth from the majority of the people (the masses) to
themselves, usually through simply printing money and incurring chronic
budget deficits, and frequently also through senseless warfare."
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