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posted ago by allahead ago by allahead +17 / -1

Discussion of Belt and Road from Epoch Times (anti-CCP site).

If you haven't read John Perkin's book "Confessions of an Economic Hitman", you should.

Synopsis: The CIA (a bunch of intelligence agencies work together, I'll just say CIA), under the guise of an engineering firm, convinces leaders of underdeveloped countries to accept substantial development loans for large construction and engineering projects, like hydro-electric dams. These projects are then contracted to U.S. companies The loans provide political influence for the US and access to natural resources for American companies.

Here's the catch, the economic data that the CIA dazzles them with is over-inflated, purposely. They take the loan and then they're on the hook to produce, but they fall short (by design), and the CIA ends up with the real assets. It's the same thing the banks have always done really, extend credit to people with unrealistic expectations, get them to work and produce something real, then if they time it right, bankrupt them and swoop in to take over the whole production. It's really sweet when the money you used was fiat and not backed up by anything.

This is just a new type of colonialism. Instead of putting White or Chinese people in your country, they just pick a corrupt family (like the Biden's) and pay them to do what they want. People don't have such a visceral reaction to a person who looks more like them and are less likely to rebel.

And the take away from reading Perkin's book is that if giving money isn't producing the results you want in your new colony, then they send in the "jackals", who make sure your small plane will crash into a mountain or your new Mercedes speeds into a light pole.

Belt and Road Wikipedia