Confessions of an Economic Hit Man

2 years ago
39

His job was to convince countries that are strategically important to the United States to accept enormous loans for infrastructure development and to make sure that the lucrative projects were contracted to US corporations.

This would make sure that these countries would remain in debt to their creditors who were often USAID, IMF, or the World Bank .

These countries simply cannot handle the debt of these loans and their poorest citizens are deprived of health, education, and opportunuty for several decades as these countries struggle economically to overcome their huge debts.

Ultimately, due to the large debts, the US is able to draw on these countries for political, economic and military favors whenever desired.

And of course, the corporations and political insiders involved with the expensive projects become extremely wealthy.

This is what Hunter Biden was doing except for the Chinese Communist Party's Belt and Road Initiative.

@KanekoaTheGreat

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