Economic Hit Men


Economic hit men are people who work for financial institutions were created by the Western governments to control and to slave so call the 'Third World countries' or countries that are in economic crisis. First let look how these in financial institutions where originated and who are economic hit men.

At Bretton Woods, in New Hampshire's White Mountains,USA, all allies of second war world met in July 1944 to plan a new financial architecture for the post war world. In this new order, trade would be progressively liberalised, but restrictions on capital movements would remain in place. Exchange rates would be fixed, as under the gold standard, but now the secure the international reserve currency would be dollar rather than gold. The two guardian "sisters" of this new order were to be established in Washington, USA. The International Monetary Fund (IMF) and the International Bank for Reconstruction and Development, later (in combination with the international Development Association) Known as World Bank.
john perkins
John Perkins was an Economic
Hit Man.
Perkins played a leading role
in a larger process of economic
colonization of Third World

According to former World Bank President (from 2007-2012) Robert Zoellick 'The IMF was supposed to regulate exchange rates. What became the World Bank was supposed to help rebuild countries shattered by the war.

In August 1982, Mexico declared that it would no longer be able to pay its debt. An entire continent shakes on the verge of declaring bankruptcy. Yet the days had gone when investors could confidently expect their government to send gunboat when a foreign government misbehaved. Now the role of financial policing had to be played by two unarmed bankers.

Their new watch word became 'conditionality': no reforms, no money. Their preferred mechanism was the structural adjustment programme. The policies the debtor countries had to adopt became known as the Washington Consensus, a wish list of ten economic policies that would have bring joy to the heart of a British imperial administrator a hundred years before. Number one was to impose fiscal discipline to reduce or eliminate deficits. The tax base was to be broadened and tax rates lowered. The market was to set interest and exchange rates. Trade was be liberalised and so crucially were capital flows.

To some critics, however, the World Bank and the IMF were no better than agents of the same old American imperialism. Any loans from the IMF or World Bank, it was claimed, would simply be used to buy American goods from American firms often arms to keep ruthless dictator or corrupt oligarchies in power. The costs of 'structural adjustment' would be borne by their unlucky subjects. Third World leaders who stepped out of line would soon find themselves in trouble. Therefore, there were so many Africans leaders who refused to accept deals forced on them by economic hit men, they were outcast of power.

Jaimes Roldos Aguilera of Ecuador
Jaimes Roldos Aguilera President of
Ecuador 1979-1981 assissanated
because of disagreement with
economic hit men

Former chief economic of the Boston based company Chas.T.Main, Inc., John Perkins claims he was employed to ensure that money lent to countries like Ecuador and Panama by the IMF and World Bank would be spent on goods supplied by US corporations. 'Economic hit men like himself, according to Perkins, were trained to build up the America empire to create situations where as many resources as possible flow into this country, to our corporations and our governments':

This empire, unlike any other in the history of the world, has been built primarily through economic manipulation, through cheating, through fraud, through seducing people into our way of life, through the economic hit men. My real job was giving loans to other countries, huge loans, much bigger than they could possibly repay. So we make this big loan, most of it comes back to the United States, the country is left with debt plus lots of interest, and they basically become our servants, our slaves. It's an empire there's no two ways about it.

According to Perkins, two Latin American Leaders Jaimes Roldos Aguilera of Ecuador and Omar Torrijos of Panama, were assassinated in 1981 for opposing what he calls 'that fraternity of corporate, government and banking heads whose is global empire. As Bob Zoellick puts it, 'The IMF and the World Bank lend money to countries in crisis, not countries that offer huge opportunities to corporate America.

Look IMF and World Bank when the 'two sisters 'were created to control the weakest countries such as the Third world countries. When Robert Mugabe refused to follow the British orders the Zimbabwean economy was destroyed but Robert Mugabe tried to fight back by printing more Zimbwabean dollars where 200 millions zimbabwean dollars is equal to 5 US dollars today.
They same thinking they are trying to strangle Iranian economy but Iran is fighting back because they understood early that the best weapon the Western government use its economic hit men to destroy you when they can't come by force the same thing with North Korea. Look International Monetary Fund (IMF) leaders are always Europeans and World Bank are always Americans. The Africans and others they can be Secretary General of United Nation but not the leaders of two sisters.


Economic Hit Men

Your comments


That reason we, africans have a big battle in front us to be free from economic hit men. It won't be easy but nothing is impossible.
Jo , Lusaka, Zambia


America won't give up is empire so easilly. Third World countries are far for be free from American empire. Don't forget the Chinese empire is seeding in Africa. I'm sorry for Africans
Lewis , USA, Texas


My dear Africans these people created organisations and telling us that these organisations are there to help us. Look what these people are doing to us. We need to educated ourselves to have chance to change things around Africa. By education will know what these organisations are there for. Thanks to My Continent for the article.
Ole , Nigeria, Lagos


This is nothing new to us in the Americas. Barbados' former prime minister, Owen Arthur fought them fairly successfully. Perhaps the key for Africa may be more intra-African trade, communications, easy travel across the continent & perhaps using the Rand as a reserve currency within Africa as the US$ has been, globally. Political stability is absolutely necessary as well.
Basil , Bridgetown, Barbados


it is so pretty good story
joseph , usa las vegas nv


ALL debter nations need to do, is simply stop paying the loans all at the same time and trade with each other. easier said than done when sick twisted murderous people are in control. Either way we need to rise up and throw of the shackles before we are totally enslaved again or worse.
gary , london


Africa the TIME is yours!My dear africans we need to take a careful look at all the western system that enslave us and get out of them all. IMF,World Bank,UN,World Cup,so call World Health Organization, international trading and many others.But wacth God is bringing judgement upon these western like He did before many years ago. Please my dear Africas don't give up! Just one more step Marc UK
marco , UK


Africa was labelled the "resource provider" for other continents, now Asia taking course, what a shame!! This is explained by the way African puppets (leaders) behave,they cannot decide without consulting there fathers abroad. Multinational companies are draining Africans,hahaha! Now betting companies in the name of MNCs. Africans leaders do not serve their people, rather they respond to outsiders
Ngobi Ronald , Kampala, Uganda


no wonder we are where we are.
munakampala omulabuffu , Kampala


if only the African continent leaders will realize the importance of good governance and the need for African co-operation on Economic front and engage in trade and self help the level of western control will be reduced.
Ogboma ifeanyi , Nigeria


Bob Marley once cried:"frica Unite"! Fellow Africans & our symphathisers elsewhere in the world,we need to unite against West Emperialism.Trade amongst ourselves,stop being dignified beggers.Indeed he who feeds you will control you.Thomas Sankara,then President of Burkina Faso was killed in 1987 by the enemies of Africa bcos he stood for the genuine development of Africa.ICC is meant for Africans
Albert Masetla , South Africa, Pretoria


It is a pity that our leaders can not open their eyes to see this. The youths of today have to stand tall and liberate Africa from this economic mayhem
Tim , South Africa


If at all ICC is the genuine organ it should have taken into court Tony Blair and his close ally Former president Bush.They staged a war in Iraq on pretex of biological weapons of mass destruction owned by the late Saddam Hussein but it never proved to be true.The ICC should leave Uhuru Kenyata and his second in command to rule their country after democractic election.
Daudi Amiri Mbaga , Tanzania


@Daudi Amiri. Not in the Kenyan case. What took place in Kenya was mass murdering in 2008 to ensure that the Mt.Kenya mafia rigs themselves in and continue looting the country. The ICC should sue on and try those thugs. Most African leaders deal with their own people worse than anyone in the West would. And China is now funding mass murderers in Africa! The 2013 election was total fraud!
George Nyamweya , Rio de Janeiro


Africa does not need the west, we must trade within our own continent more, buy, do business with ourselves, not follow colonial & imperialist orders. Africa is rich, we need consume local, depend on ourselves first, export surplus products to any nation after local need has been met. The west are here to kill us for our own resources, look what they done to Libya when we reject their policies!.
Asuma Azima , Kuffra, Libya


Hi my Africans, there is future without past. Think about past, before planning for tomorrow. Where to start? let yet think only one word to begin with.
D Munzemba , UK


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