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And it makes sense that the US is turning into a Banana Republic itself, considering the Banana Republics were a result of American corporations and the US government using their power to undermine democracy in those countries.
From wikipedia:
A banana republic is a country with an economy of state capitalism, where the country is operated as a private commercial enterprise for the exclusive profit of the ruling class. Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling class plutocracy, composed of the business, political, and military elites.The ruling class controls the primary sector of the economy by exploiting labor.
Sounds pretty familiar
How it happened in Guatemala:
During the 1950s, the United Fruit Company sought to convince the governments of U.S. presidents Harry S. Truman (1945–1953) and Dwight D. Eisenhower (1953–1961) that the popular, elected government of President Jacobo Árbenz of Guatemala was secretly pro-Soviet for having expropriated unused "fruit company lands" to landless peasants. In the Cold War (1945–1991) context of the proactive anti-communist politics exemplified by U.S. senator Joseph McCarthy in the years 1947–1957, geo-political concerns about the security of the Western Hemisphere facilitated Eisenhower's ordering and authorising Operation Success. It was a 1954 Guatemalan coup d'état by means of which the U.S. Central Intelligence Agency deposed the democratically elected government of Árbenz and installed the pro-business government of Colonel Carlos Castillo Armas (1954–1957), which lasted for three years until his assassination by a presidential guard.[2][19]
Ah that chronic brain worm hasn't gone away... It is super handy to have a general purpose all-evil evidence-free adversary to blame everything on.