More about The New Confessions of An Economic Hit Man
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Economic hit men (EHMs) â��are highly paid professionals who cheat countries out of trillions of dollars. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder.â�� John Perkins should knowâ��he was one of them. He wrote those words a decade ago. And in this second edition, he adds over a hundred pages of new material describing how this system has since spread throughout the world.
Recruited out of college by the National Security Agency, Perkins was officially on the payroll of an international consulting firm. His job was to convince countries strategically important to the U.Sâ��Indonesia, Panama, Educador, Columbia, Saudia Arabia, Iran, and moreâ��to accept enormous loans for infrastructure development. Saddled with huge debts, these countries came under the control of the United States government, World Bank and other U.S.-dominated aid agencies that acted like loan sharksâ��dictating repayment terms and bullying foreign governments into submission. Perkins reveals the hidden mechanisms behind some of the most dramatic events in recent history, such as the fall of the Shah of Iran, the death of Panamanian president Omar Torrijos, and the U. S. invasions of Panama and Iraq.
The material in the new chapters exposes how the EHM system has spread across the planet, from the Seychelles to Honduras, Ecuador, Libya, Turkey, Western Europe , Vietnam, Chinaâ��and to the United States. Perkins also provides a timeline of EHM activities since 2004 with extensive documentation to back it up.
John Perkins was chief economist at a major international consulting firm where he advised the World Bank, United Nations, IMF, the US Treasury Department, Fortune 500 corporations, and governments in Africa, Asia, Latin America, and the Middle East. He is a founder and board member of DreamChange and Pachamama Alliance, nonprofits devoted to establishing a world our children will want to inherit.