How The Rich Countries Exploit The Poor

Many people will find it bidding: sell oil to the US foreign aid game (is) a EMPIRE
hard to believe that rich at favorable prices, allow sham. Aid is actually Steven Hiatt,
countries deliberately US investment in the another way the rich editor
exploit poor countries. In countries concerned, permit exploit the poor. Much aid Berrett-Koehler
our newspapers we read US military bases, etc. In is in the form of loans that Publishers, Inc.
about rich countries giving the few cases where the have to be repaid and San Francisco
aid to poor countries. We poor countries refused to increase the debt the poor 2007
like to think that we are do what the US demanded, countries owe to the rich.
doing what we can to help the US organized military After Confessions, other
the poor. But anyone in a coups and, as a last resort, economic hit men revealed,
wealthy country who reads assassinated the president in A Game As Old As
these books will have to or prime minister. Perkins Empire, more about how
struggle with the realization gives many examples and the rich exploit the poor. A
that their affluent lifestyle says that the US has been Game exposes offshore
is in part paid for by the trying to remove the banking, export credit
suffering and deaths of president of Venezuela. agencies, and more. Steven
millions of the most One example is Ecuador. Hiatt, the editor, claims that
wretched people on Earth. We (lent) it billions of very little debt has been
John Perkins has written a dollars so it could hire our canceled. Poor country debt
book which explains one engineering and is in fact greater than ever
way the wealthy countries construction firms to build before over US$3
exploit the poor. For many projects ... As a result, in ... trillion. Payments on Third
years Perkins was part of three decades, the official World debt amount to over
the US team that persuaded poverty level grew from 50 US$375 billion a year. This
poor countries to borrow to 70 percent, public debt is more than the amount of
huge amounts of money increased from $240 foreign aid that the poor
from the rich countries. He million to $16 billion, and countries receive.
did this by telling the the share of national If we really want to do
developing countries that if resources allocated to the something about poverty,
they borrowed money and poorest citizens declined we first have to stop the
built roads, ports, dams and from 20 percent to 6 exploitation of the poor by
power plants, they would in percent. Today, Ecuador the rich. Unless the
a few years join the ranks must devote nearly 50 exploitation stops, aid and
of developed countries (and percent of its national debt cancellation will do
be able to repay the loans). budget simply to paying off little to help the poor.
Perkins says that he did this its debts instead of to
knowing that the poor helping the millions of its CONFESSIONS OF
countries could never citizens who are officially AN ECONOMIC HIT
achieve the promised classified as dangerously MAN
economic growth and impoverished. (This is John Perkins
would never be able to why we had to have the Berrett-Koehler
repay the loans. Jubilee campaign to cancel Publishers Inc.
This was the whole point. the debts of the worlds San Francisco
Once they were in debt to impoverished countries.) 2004
the US, the US was able to Perkins states
force them to do its unequivocally that (t)he A GAME AS OLD AS