Post A

A: Identify and explain at least two global or regional consequences of Economic Hit men practices. Use the text and film that we looked at (Confessions of an Economic Hit man & Zeitgeist Addendum (film we saw in class)). What evidence does John Perkins give to convince you of the impact of economic hit men?

ECONOMY: One of the consequences of the economic hit men practices is the economy. The reason why the economy is affected in this practices its because of the unbalanced way this practices are done. In the book "Confessions of An Economic Hitman", the author exposes many aspects in which the global economy is been affected. The economy is being affected, when The World Bank loans other small and undeveloped countries, money for them to industrialise. The problem in this practice are the taxes, or the interests. Immediately when the country enters in an external debt with The World Bank, the economy is unstable. 

SOCIAL: Another consequence of the economic hitman is the social aspect. When this practices take place, usually in poor countries the social aspect gets affected. Personally, I identified one global consequence when this practices are do. Corruption, this is a topic that is unchained when talking about economy. When a country gets money loaned from The World Bank, the representatives of the country may distribute the money in a wrong way, causing more losses than improvements. The way that money is administrated by the rulers of a country is essential in order to have well structured country. 

Works Cited:

  "Confessions Of An Economic Hitman Images | TheCelebrityPix." Confessions Of An Economic Hitman Images | TheCelebrityPix. N.p., n.d. Web. 24 Mar. 2014.