Los Angeles Times Bestseller
How do we stop the unrelenting evolution of the economic hit man strategy and China’s takeover?
The riveting third edition of this New York Times bestseller blows the whistle on China’s economic hit man (EHM) strategy, exposes corruption on an international scale, and offers much-needed solutions for curing the degenerative Death Economy. In this shocking exposé, former EHM John Perkins gives an insider view into the corrupt system that cheats and strong-arms countries around the globe out of trillions of dollars and ultimately causes staggering income inequality and ecological devastation.
EHMs are highly paid professionals who use development loans to saddle countries with huge debts and force them to serve US interests. Now, a new EHM wave is infecting the world, and at the peak of the devastation sits China, a newly dominant economic power, with its own insidious version of the US EHM blueprint. Twelve explosive new chapters detail the allure, exploitation, and wreckage of China’s EHM strategy in Latin America, Asia, Africa, the Middle East, and Europe.
If allowed to continue its rampage, the EHM strategy—whether executed by the United States or China—will destroy life as we know it. However, all is not lost. Perkins offers a plan for transforming this system that places profits above all into a Life Economy that restores the earth. He inspires readers to take actions toward a new era of global cooperation that will end the United States’s and China’s EHM strategies for good.
"The riveting third edition of this New York Times bestselling title expands its focus to China, exposes corruption on an international scale, and offers much-needed solutions. Extensively updated, this edition features fourteen new chapters, including a new introduction and conclusion. The book brings the story of economic hit men (EHMs) up-to-date and focuses on China's EHM strategy. EHMs are highly paid professionals who use development loans to cheat countries around the globe out of trillions of dollars and force them to serve US interests. Former economic hit man John Perkins gives an insider view into this system. With a truly global perspective, this book offers powerful revelations on extremely timely elements, including the third economic hit man wave that is sweeping the world and the way China optimizes US EHM models to make them a more dominating force. China's strategy is even more dangerous since it's successful at enticing lower income nations. Perkins also reveals how we can transform what he calls a failing Death Economy into a Life Economy. He encourages China's leaders to apply the Confucian ideal of serving the family to the global community to end the EHM strategy. The book ultimately provides a source of hope and inspires readers to participate in a new era of global cooperation"--
