Is the United States becoming a banana republic? Analyst Christian DeHaemer breaks it down... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy A 1,000% Return From Bananas Christian DeHaemer | Aug 29, 2023 In 1870, a merchant captain by the name of Lorenzo Dow Baker imported bananas from the Orinoco, which he then sold on the docks of Philadelphia. He undercut the local apple harvest by 80% and made more than a 1,000% return on his investment. A few years later in 1876 at the world's fair, a banana tree was displayed down the hall from Alexander Graham Bell's telephone exhibit. It was the first time most people in North America had ever seen a banana, and they loved them. Bananas rapidly gained popularity and sales grew. After several more profitable trips to the Caribbean and back, Baker and eight other investors formed the Boston Fruit Company, which went on to become the United Fruit Company, now Chiquita. Baker retired a very rich man. Upon seeing the profits, more fruit companies formed. These established themselves as vertical integration companies, meaning they owned the plantations, the transportation in the form of railroads, trucks, and ships, and the brokers who bought and sold the fruit, as well as the people who worked the trees and the politicians who ran the countries. The phrase âbanana republicâ was termed by author O. Henry in a short story in 1904. It is now a popular part of the lexicon. Tiny Stock Has 264 Patents on Groundbreaking AI Tech A little-known AI tech is becoming critical to the operations of 94% of corporations... Itâs projected to be in nine out of every 10 cars by 2028... And is already essential to the workflow of 80% of hospitals. Which is the real reason why Bill Gates bet an enormous $20 billion on this AI niche... double what he invested in ChatGPT. Yet one tiny company already holds 264 ironclad patents on this tech. And it's lined up to hand savvy investors like you 5,300% profits. [Click here for the full story.]( From YourDictionary.com: The term banana republic describes a struggling country whose economy depends on exporting natural resources â particularly agriculture, hence the banana â to larger, wealthier nations. These countries are politically unstable, making them susceptible to worker exploitation, government corruption, and foreign control. While banana republic used to be a commonplace term in political science, itâs considered derogatory today. Characteristics of a banana republic are: widespread government corruption, tyranny, instability, civil unrest, coup attempts, economic dependency on exporting a limited natural resource, infrastructure owned by out-of-country interests, overall economic dependency on foreign investment or business entities, widespread poverty, and a large gap between the ruling and working classes. The parallels to the modern United States are obvious. Granted, the country isnât dependent on a single natural resource, nor is its infrastructure owned primarily by out-of-country interests, but one could argue that it is economically dependent on a small circle of business entities, and weâve been lurching toward tyranny, destruction of the middle class, and all the rest. Iâm not the first person to have this idea. Al Jazeera put out the headline "The United States Is a Banana Republic." [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela
- Saudi Arabia
- Canada
- Russia Think you know the answer? [See if youâre right!]( The Atlantic asks, "Is the U.S. on the Verge of Becoming a Banana Republic?" A Washington Times headline reads, "Welcome to the Banana Republic of America." I donât think we're there quite yet, but we're getting closer every year. The secret police have their own agenda. The taxman is used for political purposes. Voters are ignored. Insiders are corrupt. Laws are applied haphazardly, if at all, with little sense of justice. Spending and debt go up while services go down. All the while, the political process gives us the same old choices most people don't want. It's no wonder that approval ratings for all forms of government are at abysmal levels. Even the armed forces, which had previously been held in high esteem, canât even meet their recruitment targets despite paying large bonuses and letting in out-of-shape, low-level criminals. All the while, the mainstream media tell you things have never been better. The question you must ask is at what point in the cycle does it turn around... or does it turn around at all? When will we wake up? What is rock bottom for a country anyway? I mean, sure, Japan and Germany turned it around, but thatâs not a round trip anyone wants to take. Tomorrow we will search for historical examples of civilizations and economies bouncing back... and we wonder if it could happen here. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).