The Role of Economic Hitmen

Economic hitmen, often disguised as consultants, play a crucial role in manipulating developing nations into substantial debt. These individuals typically secure large loans from institutions like the World Bank for countries rich in resources, such as oil or lithium, promising development projects. However, the funds from these loans frequently do not reach the borrowing nations directly; instead, they are channeled to U.S. corporations to execute large infrastructure projects, benefitting mainly the elite of those countries while leaving the majority impoverished. This cycle of debt often forces countries to make concessions, including the selling of natural resources at lower prices and ceding political influence to the lending nations.