Former ‘economic hitman’: U.S. ‘death economy’ brought world to brink of destruction
Former ‘economic hitman’: U.S. ‘death economy’ brought world to brink of destruction
By Travis Gettys
Monday, March 17, 2014 13:10 EDT
A former “economic hitman” explained that the United States model for global domination cannot be repeated – and should not be attempted.
Author John Perkins explained last week on the David Pakman Show how American corporations extorted natural resources from developing nations in a process that sounds very similar to domestic privatization schemes.
Perkins, who wrote the 2004 book “Confessions of an Economic Hitman” about his experience working as a chief economist for the engineering company Chas. T. Main, said corporations would identify countries that had resources sought by the U.S. and arrange for them to obtain large loans from the World Bank and similar organizations.
“But the money never actually went to the country,” Perkins said. “Instead, it went to our own corporations to build infrastructure projects in that country. They made a great deal of profit from that.”
More:
http://www.rawstory.com/rs/2014/03/17/former-economic-hitman-u-s-death-economy-has-brought-world-to-brink-of-destruction/
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