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Perkins writes that his economic projections cooked the books Enron-style to convince foreign governments to accept billions of dollars of loans from the World Bank and other institutions to build dams, airports, electric grids, and other infrastructure he knew they couldn't afford. The loans were given on condition that construction and engineering contracts went to U.S. companies. Often, the money would simply be transferred from one bank account in Washington, D.C., to another one in New York or San Francisco. The deals were smoothed over with bribes for foreign officials, but it was the taxpayers in the foreign countries who had to pay back the loans. When their governments couldn't do so, as was often the case, the U.S. or its henchmen at the World Bank or International Monetary Fund would step in and essentially place the country in trusteeship, dictating everything from its spending budget to security agreements and even its United Nations votes. It was, Perkins writes, a clever way for the U.S. to expand its "empire" at the expense of Third World citizens. While at times he seems a little overly focused on conspiracies, perhaps that's not surprising considering the life he's led. --Alex Roslin --This text refers to an out of print or unavailable edition of this title.
Do you really want to know what power is ??
Do you really wanna know what greases the gears of a world powers war machines ?? Read more
This book should be mandatory reading at school. It will open your eyes to how the world turns.
And when you have read this one, read also History of the American Empire... Read more
Really enlightened me about many things I never knew before and poses some conspiracy theory well balanced with hard facts throughout the past 5 decades!Published 8 days ago by nathan
This is an amazing book and I feel that everyone should read this.Published 12 days ago by Caleb Niehues