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Confessions of an Economic Hit Man

Author: John Perkins

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Through the account of a professional career, the book reveals how loans and economic projects are exploited to influence the decisions of developing nations and subject them to political and economic control, while highlighting the role of corporations and financial institutions in perpetuating debt and economic inequality.

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Description

“Economic hit men” are highly paid professionals who deceive and defraud nations around the globe, siphoning off trillions of dollars. These “hit men” channel funds from the World Bank, the U.S. Agency for International Development (USAID), and other foreign aid organizations into the coffers of a select circle of major corporations and wealthy families—the very entities that control the world’s natural resources. Their toolkit includes fraudulent financial reports, rigged elections, bribery, extortion, and sexual manipulation—not to mention outright murder. They play an age-old game, reminiscent of the tactics used by empires of the past, yet adapted to the terrifying new dimensions of our current era of globalization.
The book reveals a series of international conspiracies: nations of strategic importance to the United States are persuaded to accept massive loans, with the stipulation that lucrative infrastructure projects be awarded to American firms. Once burdened by crushing debt, these countries fall under the control of the U.S. government, the World Bank, and other U.S.-dominated aid agencies—entities that dictate repayment terms and exert influence over the critical decisions of the debtor nations. This provocative book sheds light on the economic crises facing developing nations, the future of our own lives, and the hidden realities of undeclared international wars. It is essential reading for any government official who wishes to grasp the volatile shifts defining our current global landscape.

Additional information

book-author

Year

2023

Publisher

Al-Rafidain Publishing House

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