PBD Podcast

The Economic Hitman: John Perkins | PBD Podcast | EP 125 |

Feb 15, 2022
In this discussion, John Perkins, renowned author of "Confessions of an Economic Hitman," shares his controversial experiences in economic manipulation for the U.S. government. He recounts his journey into this secretive world and discusses the ethical dilemmas faced during negotiations with foreign leaders. Perkins also provides insights on Ukraine and Russia's geopolitical tensions and reflects on the personal risks he encountered, including a near-fatal poisoning. His stories reveal the complex dynamics of power, debt, and the tactics used to influence nations.
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ANECDOTE

Path to Becoming an Economic Hitman

  • John Perkins explains how he became an economic hitman to avoid the Vietnam War draft.
  • His father-in-law's connections with the NSA led to an interview and subsequent job offer.
INSIGHT

The Economic Hitman's Strategy

  • Perkins' job involved convincing resource-rich countries to take on large loans for infrastructure projects.
  • This benefited US corporations but often harmed the countries' citizens due to diverted funds.
ANECDOTE

Torrijos' Resistance

  • Omar Torrijos, a charismatic Panamanian leader, resisted Perkins' efforts, revealing the strategy's flaws.
  • Torrijos highlighted how GDP growth could mask the suffering of the majority while benefiting a few.
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