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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Ploni who wrote (8707)5/13/1998 11:53:00 AM
From: gringodoc  Respond to of 18691
 
re: bananas

Amigo, thanks for your comment. Sounds like a good read.

There really is history to the term "banana republic", and the term has both literal and figurative meanings!

I've run a few free medical clinics in Central America these past several years and have gotten to know Honduras and Nicaragua quite well. Honduras is the quintessential banana republic. The United Fruit Company literally ran the country for several decades. And the country's top mainland (as opposed to the Bay Islands such as Roat n) "resort", if you want to call it that, is a Caribbean beachfront property in Tela. The hotel is essentially the old living quarters of the United Fruit workers!

When you fly into San Pedro Sula, you soar over an ocean of banana trees!