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An Economic Hit Man Speaks Out: John Perkins on How Greece Has Fallen Victim to “Economic Hit Men”

July 3, 2015

Noted II:
* [MIND-BOGGLING] Black Portal & Alien Cube UFO Over Texas! 6/29/2015 

Noted:
* Europe’s Attack on Greek Democracy 
* China State Official Hints Beijing May Bailout Greece 
* Did The IMF Just Open Pandora’s Box?
* Federal Judge of 17 Years Repents – Compares Damage Done by “War on Drugs” to Destruction of World War II 

Source of report here.

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“My sin was ripping off people around the world,” said John Perkins, author of “Confessions of an Economic Hit Man,” at Transitions Bookplace in Chicago, on February 3, 2006. (Photo: Peter Thompson / The New York Times)

John Perkins, author of Confessions of an Economic Hit Man, discusses how Greece and other eurozone countries have become the new victims of “economic hit men.”

John Perkins is no stranger to making confessions. His well-known book, Confessions of an Economic Hit Man, revealed how international organizations such as the International Monetary Fund (IMF) and the World Bank, while publicly professing to “save” suffering countries and economies, instead pull a bait-and-switch on their governments: promising startling growth, gleaming new infrastructure projects and a future of economic prosperity – all of which would occur if those countries borrow huge loans from those organizations. Far from achieving runaway economic growth and success, however, these countries instead fall victim to a crippling and unsustainable debt burden.

That’s where the “economic hit men” come in: seemingly ordinary men, with ordinary backgrounds, who travel to these countries and impose the harsh austerity policies prescribed by the IMF and World Bank as “solutions” to the economic hardship they are now experiencing. Men like Perkins were trained to squeeze every last drop of wealth and resources from these sputtering economies, and continue to do so to this day. In this interview, which aired on Dialogos Radio, Perkins talks about how Greece and the eurozone have become the new victims of such “economic hit men.”

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From → World Watch

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