Post by Eric Gajewski on Feb 24, 2016 13:41:08 GMT
TradCatKnight: Paul Craig Roberts: The evil empire has the world in a death grip
In my archives there is a column or two that introduces the reader to John Perkins' important book, Confessions of an Economic Hit Man. An EHM is an operative who sells the leadership of a developing country on an economic plan or massive development project. The Hit Man convinces a country's government that borrowing large sums of money from US financial institutions in order to finance the project will raise the country's living standards. The borrower is assured that the project will increase Gross Domestic Product and tax revenues and that these increases will allow the loan to be repaid.
tradcatknight.blogspot.com/2016/02/the-evil-empire-has-world-in-death-grip.html#more
In my archives there is a column or two that introduces the reader to John Perkins' important book, Confessions of an Economic Hit Man. An EHM is an operative who sells the leadership of a developing country on an economic plan or massive development project. The Hit Man convinces a country's government that borrowing large sums of money from US financial institutions in order to finance the project will raise the country's living standards. The borrower is assured that the project will increase Gross Domestic Product and tax revenues and that these increases will allow the loan to be repaid.
tradcatknight.blogspot.com/2016/02/the-evil-empire-has-world-in-death-grip.html#more
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