Saturday May 06, 2023

023 | Economic hitmen - from US dominance to potential Chinese superiority? | John Perkins

I'm fortunate to be joined once more by John Perkins - the infamous Economic Hitman whom you may remember from episode 17 of the podcast. This time we talk about China and their economic hitmen, what is it about their approach that has been so appealing and so successful, the pluses and minuses of their approach to the economic hitman strategy as they apply the 4 pillars as well as some issues that have arisen as a result of poor infrastructure development by Chinese contractors and more importantly the environmental impact these strategies have. John talks more about how it is we can make a life economy rather than this continuation of the death economy that he was once a part of creating many years ago through a sustainable future as a part of the planet rather than placing ourselves "above" the needs of the planet! Tune in to find out more!

00:50 Why a third edition?
04:12 Shouldn't we be encouraging lifting people out of poverty?
06:10 What is the Death Economy vs. Life Economy?
10:15 Difference between ESG & "Life Economy"?
12:40 Why is China's approach to EHM's so egregious, and what do they do well?
19:15 China still exercise influence on countries they invest in
24.30 Don't we need to release regulations in order to bring industry back to US/Europe etc. for economic independence 
29:45 Free Market vs Predatory Capitalism?
34:00 The devil we know (USA) vs Devil we don't? (China)
41:35 Aren't china attempting to bring the world together though?
47:20 How can we look forward?
52:57 What can people do, now?

There are a lot of things I could link here, but 
having read a lot of John's work, and his newest edition to The Economic Hitman, I cannot recommend the book highly enough. It is referenced cover to cover and thoroughly researched so I'll provide a link to that here (note: this isn't sponsored, neither John or his team have asked me to do so and I gain nothing from you clicking the link or anything like that!) 
https://johnperkins.org/books

China's bad projects - Ecuador hydro electric dam next to rainforest on a fault line
https://www.wsj.com/articles/china-global-mega-projects-infrastructure-falling-apart-11674166180
https://multimedia.scmp.com/week-asia/article/3011618/beijing-conquest-latin-america/chapter02.html  
https://energiesnet.com/chinas-ecuador-hydroelectric-plant-and-others-global-mega-projects-are-falling-apart-wsj/


Countries China trades with vs USA 
https://www.visualcapitalist.com/china-u-s-worlds-trading-partner/

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