Confessions Of An Economic Hit Man (Paperback)

In this book, John Perkins presents a controversial claim that he was recruited by the National Security Agency (NSA) to convince the political and financial leaders of developing countries to draw on huge development loans from the World Bank and the USAID. The loans were so enormous that they couldn’t be easily paid back, handing US the reins to the countries’ decisions on several foreign policies. The United States, he claims, has been misusing this power to cripple these nations politically and made the wealth gap wider, driving the economy of these countries lower. He explains that economic hit men have been used by the US to funnel money from the World Bank, the USAID and other foreign aid companies into the pockets of a few wealthy families. These families, he professes, control most of the world’s natural resources, and they spare no risks in rigging elections, making up fraudulent financial reports, payoffs, extortion, sex and murder. This is a controversial book by Perkins, and its authority has been challenged by journalists from around the world.