6 of 7 people found the following review helpful
Excellent, albeit very American, take on world economics.,
This review is from: Confessions of an Economic Hit Man: The shocking story of how America really took over the world (Paperback)Perkins explains, in no uncertain terms, how America is the cause of many of today's problems around the world. Economic hit men, just like Perkins, went to developing countries with master plans to bring prosperity to them - instead these countries couldn't pay back the loans to America, leaving them in misery and debt to the mighty superpower forever more.
The book couldn't warrant 5 stars because it is very biased (albeit convincing), but what it deals with is very real. The US roped in so many countries and still has control over them today as a result of these massive loans they first gave in the seventies e.g. many South American and South East Asian countries.
The two countries which resisted American influence back then say a lot: Iraq and Venezuela. Iraq is always a tricky country to analyse, but Venezuela is now a shining light for South America - while the US strangled South American countries for decades while claiming it was doing the countries good, Venezuala now has control over its oil and could really effect change for the good in the region.
I like Perkins because he is very humane throughout, likes to get to know what life is really like in these countries, and ultimately because he breaks a taboo by writing a book about EHMs. If you remember that there are many arguments to counter almost everything Perkins says, this book is a very appealing read to understand international affairs more effectively.