#283: Confessions Of An Economic Hitman | John Perkins
60 min •
20 november 2022
In 2007, a chance encounter changed my life forever when I was handed “Confessions of an Economic Hitman” by John Perkins before heading out on a vacation. The parallels between the way that the IMF and World Bank operated with poor countries such as Ecuador drew surprising connections in my own life to how the local mortgage companies were extending credit during a housing boom to customers that should never have been considered. It was my proverbial “lightbulb moment”.
John Perkins explains how multinational engineering firms such as the one he worked for in the 1970s would work with globalist banking institutions to enslave countries with debt in order to get them under their control. Once captured, America would extract the country’s natural resources in exchange for partial repayment of the debt and the country would slowly slip into poverty.
While America busied itself with endless unwinnable wars in the Middle East, China quietly took the Economic Hitman model and modified it for use in Africa and South America with tremendous results. The EHM of Perkins’ past now has competition from the East, and the stakes could not be any higher.