.... AMY GOODMAN: Well, before we go further, economic hit men - TopicsExpress



          

.... AMY GOODMAN: Well, before we go further, economic hit men — for those who haven’t heard you describe this, let alone describe yourself as this, what do you mean? JOHN PERKINS: Well, really, I think it’s fair to say that since World War II, we economic hit men have managed to create the world’s first truly global empire, and we’ve done it primarily without the military, unlike other empires in history. We’ve done it through economics very subtly. We work many different ways, but perhaps the most common one is that we will identify a Third World country that has resources our corporations covet, such as oil, and then we arrange a huge loan to that country from the World Bank or one of its sister organizations. The money never actually goes to the country. It goes instead to U.S. corporations, who build big infrastructure projects — power grids, industrial parks, harbors, highways — things that benefit a few very rich people but do not reach the poor at all. The poor aren’t connected to the power grids. They don’t have the skills to get jobs in industrial parks. But they and the whole country are left holding this huge debt, and it’s such a big bet that the country can’t possibly repay it. So at some point in time, we economic hit men go back to the country and say, Look, you know, you owe us a lot of money. You can’t pay your debt, so you’ve got to give us a pound of flesh. democracynow.org/2007/6/5/john_perkins_on_the_secret_history
Posted on: Sun, 24 Aug 2014 04:53:37 +0000

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