Confessions of an Economic Hit Man

by Perkins, John

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Book summary

John Perkins writes of his experiences in a job that few people are aware exists: economists whose primary function is to persuade developing countries to take on enormous loans so that they can hire American companies, thus diverting vast sums of money back into the U.S. When these countries have trouble repaying, the American government steps in and dictates terms, essentially hijacking the economy of the place. Perkins's view of the domination of the global economy by the U.S. and of the greed and power plays this involves, is a controversial one that his former employers attempted to suppress for many years. Perkins claims that this "confession" could pave the way for reform but that, if nothing else, it has eased his conscience.

Customer Reviews

  "John Perkins has done a real service to Americans by revealing the true motivations behind "economic aid" to third world countries.



This book could also be titled "Political Science 101", as it explains clearly that loans are made with the sinister true purpose of indebting poor countries to the point where they have no recourse but to default. Once the default has occurred, then of course the United States takes the oil reserves, mineral rights - or whatever has value in satisfaction of the debt. The sad part of the equation is - that all of this is planned ahead of time. The loans are made with the express purpose of enslaving the country, and confiscating their wealth! Political assasinations, empire building and the lies and deceits of government (our government), are carefully explained in thorough detail.



For those of you who still think of your country as the holder of the moral "high ground", you owe it to yourself to read this book.



Be prepared for the depression that follows. This is not an easy read. But I can guarantee - it will change your view of the "land of the free, and the home of the brave"!



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