Economic Hit Man
Every developing/under developed country need to know about these kind of guys and they should be careful with them to save the interest of their own country.
There is no official post called EHM (Economic Hit Man), it is an unofficial job working indirectly for Developed countries and for the interests of Business tycoons. Exploiting the other countries and their economies.
EHM is an agent of Capitalism. He makes made-up forecasts of growth for a country. Encourages the country to upgrade infrastructure with loans from developed countries capitalists. In this way 2nd (developing) and 3rd(under developed) world countries will be in the hands of 1st world (developed) countries.
These officials will be working with World banks, IMF's and other financial institutes. They will encourages 2nd and 3rd world countries to take huge loans by showing them dummy data and forecasts.
In one way they work for 1st world country governments, but paid by corporate tycoons , who are getting benefit out of it. So the country behind it will never be caught. Mostly they call them self as economist.
Some real time cases.........
John Perkins worked as EHM for different countries like Indonesia, Saudi Arabia, Panama.
Perkins, showed a growth rate of 17% for Indonesia , encouraged it to work of infrastructure for Indonesia Oil companies with US Construction companies. At any cost, the truth is the economic growth of that country can never exceed 7%. Its all made-up to trap them for big loans and chance for some capitalists to start their business there.
This is how the high cost construction projects in Panama were invested by American and Japan companies.
The main objective of EHM's would be to make sure countries will take money from big business mans and International financial institutions, and make them more dependent. This is how JECOR deal between US and Saudi is formed.
EHM's failed in Iraq, Saddam Hussain was rejecting US dominance in that region, so it was attacked by US twice.
Unfair Free trade agreements and expansion of Developed countries businesses is the base line of EHM.
Read more from the book by John Perkins. Below is a glance about the book.
http://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man
Be careful Governments, they are everywhere.
There is no official post called EHM (Economic Hit Man), it is an unofficial job working indirectly for Developed countries and for the interests of Business tycoons. Exploiting the other countries and their economies.
EHM is an agent of Capitalism. He makes made-up forecasts of growth for a country. Encourages the country to upgrade infrastructure with loans from developed countries capitalists. In this way 2nd (developing) and 3rd(under developed) world countries will be in the hands of 1st world (developed) countries.
These officials will be working with World banks, IMF's and other financial institutes. They will encourages 2nd and 3rd world countries to take huge loans by showing them dummy data and forecasts.
In one way they work for 1st world country governments, but paid by corporate tycoons , who are getting benefit out of it. So the country behind it will never be caught. Mostly they call them self as economist.
Some real time cases.........
John Perkins worked as EHM for different countries like Indonesia, Saudi Arabia, Panama.
Perkins, showed a growth rate of 17% for Indonesia , encouraged it to work of infrastructure for Indonesia Oil companies with US Construction companies. At any cost, the truth is the economic growth of that country can never exceed 7%. Its all made-up to trap them for big loans and chance for some capitalists to start their business there.
This is how the high cost construction projects in Panama were invested by American and Japan companies.
The main objective of EHM's would be to make sure countries will take money from big business mans and International financial institutions, and make them more dependent. This is how JECOR deal between US and Saudi is formed.
EHM's failed in Iraq, Saddam Hussain was rejecting US dominance in that region, so it was attacked by US twice.
Unfair Free trade agreements and expansion of Developed countries businesses is the base line of EHM.
Read more from the book by John Perkins. Below is a glance about the book.
http://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man
Be careful Governments, they are everywhere.
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