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He single-handedly put countries into huge debt

He single-handedly put countries into huge debt

John Perkins was an economic hit man who persuaded governments to take on massive loans, plunging them into debt while he lined his own pockets and lived the good life. His book, "Confessions of an Economic Hit Man", explains why he did it and what it cost him in the end.

Some empires are built with armies, flags, and marching bands. This one was built with a spreadsheet, a firm handshake, and a signature at the bottom of a loan.

John Perkins was the man holding the pen — and for years, he did it without blinking.

Now an author, he is a former ‘economic hit man’ (EHM) who wrote about his dark career in his explosive memoir, Confessions of an Economic Hit Man.

Basically, he would convince governments of developing countries to take on massive loans that would leave them shackled to US government and corporate interests.

These debts gave Americans the power to control those countries’ politics and economies from behind the scenes.

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Jerm

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