Yard Couch

Yard Couch

Share this post

Yard Couch
Yard Couch
New Confessions Of An Economic Hit Man: How To Enslave A Third World Country

New Confessions Of An Economic Hit Man: How To Enslave A Third World Country

“Foreign aid” is a giant scam

Isaiah McCall's avatar
Isaiah McCall
Apr 29, 2022
∙ Paid

Share this post

Yard Couch
Yard Couch
New Confessions Of An Economic Hit Man: How To Enslave A Third World Country
Share

“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.”—John Adams

Have you ever wondered why no country ever challenges US hegemony?

Sure, it wouldn’t be easy—but you’re telling me no one besides a few Middle Eastern countries has done it over the last 50 years?

The ugly truth is many countries have done it.

And when they do someone called an “Economic Hitman” is deployed on the US’s behalf to put out the fire. John Perkins the author of the book “Confessions of an Economic Hitman” was one of these people

Here’s how his job worked.

The US does third world countries like a student who took out college loans

America is the third world’s biggest cheerleader.

We tell developing countries like Costa Rica, Ecuador, and Panama, to name a few, that they should build a new dam, install that new military base, or take out a huge expensive loan for no reason at all.

We tell them that this is a good financial move, and often as Perkins attests to, an “expert” from Harvard will advise them that all of this is in their best interest.

It’s not. It’s a classic debt trap.

So, when these countries can’t pay back their loans—like a student who was sold a bag of goods for getting an undergraduate degree in underwater basket weaving—the US rolls up like the mafia demanding their money back.

Keep reading with a 7-day free trial

Subscribe to Yard Couch to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Isaiah McCall
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share