Have you ever wondered why western nations, mega-corporations, IMF, and World Bank are willing to invest and lend loans to “third-world” countries?
What is the reason behind the state of perpetual poverty, corruption, misery in those countries?
Well, The New Confessions of an Economic Hit Man by John Perkins answers and exposes the reality of these issues.
The author shares his journey as an EHM.
In preface he writes: 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 include 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. I should know; I was an EHM.
He expresses his regret and remorse over what he did in his journey as a former EHM. In introduction, he writes: I’m haunted every day by what I did as an economic hit man (EHM). I’m haunted by the lies I told back then about the World Bank. I’m haunted by the ways in which that bank, its sister organizations, and I empowered US corporations to spread their cancerous tentacles across the planet. I’m haunted by the payoffs to the leaders of poor countries, the blackmail, and the threats that if they resisted, if they refused to accept loans that would enslave their countries in debt, the CIA’s jackals would overthrow or assassinate them. I wake up sometimes to the horrifying images of heads of state, friends of mine, who died violent deaths because they refused to betray their people.
This highly recommended book will take you on a journey to the dark and gloomy side of American empire and imperialism.