Friday, July 16, 2010
Let's Make Money
That's the title of the 2008 movie produced by an Austrian filmmaker Erwin Wagenhofer playing on Canal+ these days. I watched parts of it including a segment by Economic Hit Man John Perkins which reminded me of Naomi Klein. Perkins published an interesting book in 2005 which is available from Amazon for less than $11. And you can start listening to the hour-long confession of the hit man too.
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So according to this guy there are three phases:
i) Send an Economic Hit Man to trap countries in a big World Bank loan that they will never be able to repay
ii) Send the jackals to topple/assassinate statesmen
iii) Send in the army like in Iraq
My question is has not an Economic Hit Man made Mauritius take huge loans in foreign currency since he started working in MOF four years ago (foreign debt as per BOM bulletin indicates that foreign currency loans of the central government has increased by 41% between 2008 and 2009!!!)?
Nigeria seems to be suffering from the same kind of attack.
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