Confessions of an Economic Hit Man

Author: John Perkins
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Confessions of an Economic Hit Man


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by jgome   2017-11-07
Since we are at it, I suggest reading John Perkins's "Confessions of an Economic Hit Man":

Also, any book on past and current colonialism (say, current actions of the US military in Africa).

How do you like your illegitimately rich country?

by cidic   2017-08-19

I'm mostly for globalization. Honestly I don't think it can be stopped or slowed without doing significant domestic damage.

Recommended Relevant Reading

by silentscope87   2017-08-19

This was an animated interview of IMF John Perkins, author of 'HoodWinked' and 'Confessions Of An Economic Hitman .

by curiously_crazy   2017-08-19

I'm on the same page as most of what you post, having spent a great deal of time over the past 20 years learning about how the sheeple have had the wool pulled over their eyes (no pun intended).

My father was a bank CEO so I started learning about the total farce of our monetary system even prior to that - it runs so deep, and the indoctrination is at such a high level that I actually received a fail mark on my exam for 'international money markets'; I didn't rabbit off what they wanted to hear and counterpoints are to be stifled at every level, but I digress - the system of control encompasses so much more than just economics.

The reason for my reply is the vid you linked is probably not going to be understood by anyone just getting started without any context or background knowledge, yet is mind blowing for those who already have a grip. I'll add in a few references on the monetary system and politics because most people seem to think they understand those two facets. Once they figure out it's all a charade it's like a light bulb moment and they start looking into other areas they may have been deceived.

The Fed:


Both are an easy yet compelling read.

by Tb1969   2017-08-19

It works.

"Confession of an Economic Hitman"( "

by Cialis_In_Wonderland   2017-08-19

There are similarities between this and countless other international bailout and assistance programs, from the Irish Potato Famine to the Australian treatment of Aboriginal communities from 1994 to 2012. Charles Smith had a good article on it this week.

>Especially fascinating to learn that the English Government provided ‘relief’ loans to Ireland at market interest with a condition that they could not be used to do anything productive. Basically they set up a scheme to pay a small proportion of each community to build roads, but not a cent could be spent on developing alternate Irish-owned industries or businesses for fear it would upset the rich English industrialists.

>The English imported cheap American corn meal which everyone was forced to buy with the English Gov. financed wages (closing the loop of giving with one hand, taking with the other and adding in a profit to boot) after the Irish had to export all their own grain and livestock to England to pay the land rents.

Similar tactics are documented extensively in Confessions of an Economic Hitman . For example, instead of financing a war they might finance "infrastructure improvements." The IMF gives several billion to a dictator, the dictator steals a large portion, and the rest is (over)spent on Western equipment (turbines, cranes, wire, etc). The country remains on the hook, left with an asset worth a fraction of debt's value.

After the new regime took power, they squandered (some legitimate spending, the rest stolen or wasted) their foreign currency and gold reserves. Now, they are being financed by European and American banks with the "condition" that that money gets spent on weapons from these same European and American countries, "closing the loop of giving with one hand, taking with the other and adding in a profit to boot." It's a tried and true tactic. The end result is an impoverished vassal state, borrowing to survive.

by thecapitalg   2017-08-19

Confessions of an Economic Hitman