Monday, March 24, 2014

Consequences of Economic Hit Men

Economic Hit Men usually try to persuade the leaders of undeveloped countries to use lent money from world bank for example, and then the country has to pay back the money and even more. It is kind of like fooling undeveloped countries. In the interview we saw, John Perkins, the author of the Economic Hit Man talked about the impact of Economic Hit Men in global context and also in specific regions or countries. The global impact its the controlling of the economy by using undeveloped countries and benefiting from them.

An example of a regional impact of Economic Hit Men is the death of the leader of Panama. Whenever a president of a country or the authority refuses to accept the deals offered by economic hit men, they are often killed or persecuted. Panama lost its leader in a supposed plane crash a few months after rejecting the deal.


"Confessions of an Economic Hit Man: How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions." Democracy Now! March 24, 2014. 
http://www.democracynow.org/2004/11/9/confessions_of_an_economic_hit_man

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