To the Point
Is the US Becoming a Banana Republic?
An article in the Atlantic magazine is drawing a lot of attention from Wall Street to Washington. It's about cozy relations between financial and political institutions that make the US look like Argentina, Russia, Indonesia and other “emerging markets.”
By Warren Olney • • 1 min readAn article in the Atlantic magazine is drawing a lot of attention from Wall Street to Washington. It's about cozy relations between financial and political institutions that make the US look like Argentina, Russia, Indonesia and other “emerging markets.” A former chief economist for the International Monetary Fund says Democrats and Republicans have enabled “financial oligarchs” to accumulate too much political power, so much that they can resist the reforms needed for economic recovery. Is it time for the government to wake up to reality?
Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Christian Bordal
Managing Producer, Greater LA
Frances Anderton
architecture critic and author
Simon Johnson
Massachusetts Institute of Technology
Desmond Lachman
former Deputy Director of the Policy and Review, International Monetary Fund
Thomas Ferguson
Professor of Political Science, University of Massachusetts