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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 book provides a look "behind the curtain" at what has transpired for the past fifty years regarding US foreign policy and economic development. Read morePublished 3 days ago by Lucy Koch
This may be fiction, but it's true. The puzzle pieces fit and make today's events make total sense. The masters of the universe are losing their power by the minute. Read morePublished 7 days ago by Peter Mehit
If this book doesn't spur you into learning more and exploring ways you can make a difference, then nothing will. Read morePublished 8 days ago by David Carmona
Well written book. Very informative. I highly recommend this to everyone.Published 10 days ago by Kurt B.
This book is a painful reminder of how and why foreign policy is made and how it works.Published 13 days ago by Robert Kavanaugh