Wednesday, August 1, 2007

EHM

Confessions of an Economic Hit Man by John Perkins was a great read both because of the way it is written and the subject itself. My understanding is that it is a true story.
Author John Perkins was employed by a consultant group that worked with countries such as Saudi Arabia and Ecuador to help improve their infrastructure.

Perkins explains that the improvement were often financed through getting loans from an organization such as the World Bank and USAID. The countries, in some cases, would remain in debt, giving the US and contractor organizations great influence and control over the country and its politicians.

The book was published in 2004.

http://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man

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