Confessions of an Economic Hit Man

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Confessions of an Economic Hit Man is a book that I would strongly recommend reading. It describes the personal story of how the John Perkins was a so called “Economic Hit Man”. Here is an interview in which Perkins describes the role he played, as well as the other key players around the world, in controlling third world nations’ finances, debt, and hence neutralization of their roles in the international political arena. Here is a quote by the author:

Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign “aid” organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet’s natural resources. Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

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3 Comments

Filed under Politics

3 responses to “Confessions of an Economic Hit Man

  1. zfnd

    The book was a great read!

  2. In 1998, when all Asian Tigers’ economies went down, I was shocked that Indonesia had huge debt with World Bank. With the large oil resources, I was wondering why it has so much debt! (and the citizens are still living below poverty line).

    Right now, I am wondering about other middle east countries.

  3. .. also, to add, the three things that always being bribe to leaders (including to Prophet Muhammad peace be upon him) are women, money, and power. Only people who are sincere and strong in faith, manage to overcome those temptations.

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