{"id":41384,"date":"2018-12-06T20:40:01","date_gmt":"2018-12-07T01:40:01","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41384"},"modified":"2018-12-06T20:40:01","modified_gmt":"2018-12-07T01:40:01","slug":"the-new-economic-hitmen","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41384","title":{"rendered":"The New Economic Hitmen"},"content":{"rendered":"
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The New Economic Hitmen<\/span><\/a><\/h3>\n<\/div>\n
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John Perkins original book, \u201cConfessions of an Economic Hitman\u201d and his current book, \u201cNew Confessions of an Economic Hitman\u201d brought to light some of the strategies the US has used over the years in order to gain control of foreign reserves that American companies may want to seize, such as oil.<\/p>\n

According to Perkins, the method of achieving this end was to use external consultants such as the one he worked for. They would arrange large loans for\u00a0those countries via\u00a0the World Bank and its partner organizations. However, the governments in question never received the money. Instead, the money would be transferred, directly or indirectly, to\u00a0American companies, including construction firms like\u00a0Halliburton or suppliers like\u00a0General Electric. These American entities would then launch infrastructure projects which may have included power grids, or industrial parks and highways. These projects generated huge profits. However, not surprisingly, those profits went to the American companies and a few rich local familes. In the end, these countries that were already weighed down by huge debts just saw their debts grow larger, which in turn pressured the already poor and middle class.<\/p>\n

Typically, a developed country with a dictator that sits on a perch makes for a soft target. Dictators are often propped up by failed systems like corrupt police force and military. They are usually the most eager to redeem their images so if you can take photos with them signing agreements about huge infrastructure projects it will help soften their soiled\u00a0images.\u00a0\u00a0Therefore, they are happy to stand on the podium and tell their ill-informed, semi-literate populace about the development the government is bringing to their country.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The New Economic Hitmen John Perkins original book, \u201cConfessions of an Economic Hitman\u201d and his current book, \u201cNew Confessions of an Economic Hitman\u201d brought to light some of the strategies the US has used over the years in order to gain control of foreign reserves that American companies may want to seize, such as oil. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5,6],"tags":[12293,6971,21199,888],"class_list":["post-41384","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","category-liberty","tag-economic-hitmen","tag-john-perkins","tag-the-hutch-report","tag-world-bank"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41384"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41384\/revisions"}],"predecessor-version":[{"id":41385,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41384\/revisions\/41385"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}