For a decade John Perkins traveled to the world’s developing nations with the aim of selling them massive loans that they didn’t need and in most cases couldn’t possibly pay back.
Perkins’ work as an economic hit man helped lock target countries into a cycle of debt that would see them transfer control of their natural resources to serve Western interests.
In his book Confessions of an Economic Hit Man, Perkins blew the whistle on a system designed to concentrate the world’s wealth and power in the hands of a few at the expense of the many.
On this episode of The InnerView, Imran Garda asks Perkins how he came to reject the system he once served, how it’s manifesting itself in today’s world, and who are the new economic hit men leading the charge.
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00:00 Meet John Perkins
01:42 What Americans don’t understand
03:03 The countries Perkins helped exploit
03:52 Two presidents who resisted the deal
04:45 Working with the “jackals”
06:01 Creating debt traps
07:35 When Perkins realized the truth
09:21 Rethinking growth, wealth & prosperity
11:40 Trump, the Panama Canal & Greenland
15:25 China’s own economic hitmen
19:01 Economics as a tool for empire
21:33 The Death Economy vs. Life Economy
23:24 Why we are in danger
24:18 Life’s most important lessons