Which Way, L.A.?
Is the US Becoming a Banana Republic?
Argentina, Indonesia, Russia and other so-called “emerging economies” have followed a pattern that’s all too clear to officials of the International Monetary Fund. Entrenched financial elites take too many risks during good times, and when times go bad they can’t pay their debts.
By Warren Olney • • 1 min readArgentina, Indonesia, Russia and other so-called “emerging economies” have followed a pattern that’s all too clear to officials of the International Monetary Fund. Entrenched financial elites take too many risks during good times, and when times go bad they can’t pay their debts. But they’ve accumulated so much influence that governments can’t call them to account and the rest of the country suffers.
Warren Olney
former KCRW broadcaster
Andrea Brody
Senior Producer, KCRW's Life Examined and To the Point podcast
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