As a marketing student and a strategist, economic issues and how they influence our daily lives has always been a point of interest for me.
And based on this unique combined interest of mine towards marketing, economics and strategy, I came across a book titled Confessions of an Economic Hitman by John Perkins.
Originally published in the early 2000s, the title caught my attention, and I skimmed across its content and searched reviews, and found it a worthy buy.
It is primarily based on the concept that US wants to take over the world, ensuring that everyone bows down to them, by lending them huge sums of money that actually never leave the US boundaries.
The money transfer hardly takes place, and that too only on paper, whilst it always remains in the reserves, one way or the other.
The book thereafter talks about how the US develops its pressure on various governments by giving them hefty expensive loans, which interestingly are never fully paid by the US, and of course never paid back, putting the borrower in extreme debt burden. Despite that, the US economy is in itself the most debt driven and prone to bankruptcy. But, the book highlights how the US still remains the “last man standing”.
Many critics still believe and say that this book is based on conspiracy theories that have lived and have had their light on other regimes before the US, too, but on reading the book, one might re-think...‘What is going on?’
— The reader is a corporate trainer based in Dubai.
