Images CHAPTER 45Lessons for China

In 2015, a top Ecuadorian official told me, “We’d rather accept loans from Beijing than Washington. After all, China has never overthrown or killed our leaders — unlike the US.”

When I pointed out that China had a history of invasions in Asia, he replied, “Yes. They’ve seen those places as part of their ancient kingdom. But they haven’t done it in Latin America, or Africa, or the Middle East. The US has.”

We were discussing the debt audit commission that had reviewed the legitimacy of the loans taken on by Ecuador’s CIA-supported dictators during my EHM days. The commission’s findings had convinced President Correa ...

Get The New Confessions of an Economic Hit Man, 2nd Edition now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.