How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions


There are people in USA to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with huge debts they could not hope to pay, these countries were forced to acquiesce to political pressure from the United States on a variety of issues.Those people who cheat countries around the globe out of trillions of dollars are named as Economic Hit Men(EHMs). One of EHM published his confessions as a book named “Confessions of an Economic Hit Man” in 2004. And I could read that book last week.

John Perkins describes himself as a former economic hit man–a highly paid professional who cheated countries around the globe out of trillions of dollars.

20 years ago Perkins began writing a book with the working title, “Conscience of an Economic Hit Men.”

Perkins writes, “The book was to be dedicated to the presidents of two countries, men who had been his clients whom I respected and thought of as kindred spirits–Jaime Roldós, president of Ecuador, and Omar Torrijos, president of Panama. Both had just died in fiery crashes. Their deaths were not accidental. They were assassinated because they opposed that fraternity of corporate, government, and banking heads whose goal is global empire. We Economic Hit Men failed to bring Roldós and Torrijos around, and the other type of hit men, the CIA-sanctioned jackals who were always right behind us, stepped in.

John Perkins goes on to write: “I was persuaded to stop writing that book. I started it four more times during the next twenty years. On each occasion, my decision to begin again was influenced by current world events: the U.S. invasion of Panama in 1980, the first Gulf War, Somalia, and the rise of Osama bin Laden. However, threats or bribes always convinced me to stop.”

But now Perkins has finally published his story. The book is titled “Confessions of an Economic Hit Man”

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2 thoughts on “How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions

  1. it is nice to hear that you have read my book finally.
    anyhow that is a great book
    why other countries worry about Us.
    mind your own business !

  2. oh yeah man. i just finished reading it couple of weeks back.never knew you were interested in this kinda stuff though.. btw, did you get a chance to watch this documentary ‘Zeitgeist’ ?. well it’s free you can download it off the net. you should watch it sometime.

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