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Forced to go along under threat of economic and political reprisals, no wonder people yearn for the "good old Soviet days" with jobs and basic needs met. Today they're cursed with neoliberal hardships, proving commissars were friendlier than bankers.
Economic Hit Men Enforcers
In his book "Confessions of an Economic Hit Man," John Perkins discussed his own work with the IMF, World Bank and other global financial institutions, saying his job was to convince countries to accept unaffordable loans for infrastructure development, contracted to US corporations.
He defined economic hit men as:
"highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, (USAID, the IMF), and other foreign 'aid organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization."
His mandate was to impoverish and bankrupt countries, trapping them in debt bondage, those refusing facing economic, political or other reprisals.
Starving Third World Economies
In her February 3 article titled, "The Egyptian Tinderbox: How Banks and Investors Are Starving the Third World," Ellen Brown explained:
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