Friday, December 31, 2010
HOW BELIZE WAS COERCED INTO DEBT ECONOMICS AS POLITICAL POLICY!
THE STORY OF THE ECONOMIC HITMAN!
HOW BELIZE WAS COERCEDED INTO DEBT ECONOMICS AS POLITICAL POLICY.
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Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and US AID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run ...After several years struggling with his conscience over the role he was playing in crippling foreign economies, he quit his consulting job. In the 1980s Perkins founded and directed a successful independent energy company. In the book Confessions of an Economic Hit Man, Perkins states that he suspects the success of his company was due to 'coincidences' orchestrated by those appreciative of his silence about the work he did as an economic hit man. He then sold the energy company in the late 1980s. Since then he has been heavily involved with non-profit organizations in Ecuador and around the world. He continues this work today, in addition to his writing. One of his organizations, Dream Change, is dedicated to shifting consciousness and promoting sustainable lifestyles for the individual and global community.
Posted by A Professional BEACH BUM retires in Belize! at 6:01 AM