Eric Liu: My job was to identify countries that had resources our corporations want. We would arrange huge loans tor that country, but it was with the understanding that those loans would be used to hire our corporations to build big introstructure projects in the country. And for the most part, these things benefit a few wealthy families in those countries. But most of the people in the country end up suffering because money's diverted from education, health care and other social services to pay off the service on the debt. So in that way, we really fed that bad wolf, if you will.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode