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104: John Perkins | Debt Traps & Confessions Of An Economic Hitman

Curious Worldview

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The Debt Trap of Ecuador

Ecuador owes money to China for mining gold and copper deep in the Amazon rainforest. John Avlon: President was trying to do best thing for his country, understood global economics. He says U.S., China take advantage of this vulnerable place because it's densely populated. Avlon: Ecuador is a classic example of how an economic hit can turn into a debt trap.

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