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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 the Hardcover edition.
I finish a book almost every week or two. This one was written in such a egomania approach it was difficult to digest. Beside all the Middle East chapters are all rubbish.Published 1 day ago by lovereading
What everyone should read and know. I've listened to him in interview and believe he is for real. What he and others have done to the world structure is truly criminal. Read morePublished 3 days ago by G. Shantz
This book open my eyes like never before, I now see the wold in a different way. It is a book you must read if you have a desire to get inform. Read morePublished 6 days ago by Amazon Customer
Eye-opening must-read for anyone who ever doubted the U.S.'s predatory and destructive activities abroad.Published 8 days ago by Tina
I already knew about Mr. Perkins; I heard him in an interview on a progressive radio station in New York when the book came out. Read morePublished 10 days ago by Charles Woods