Economic Manipulation in Developing Countries

We work many different ways, but perhaps the most common

is that we will identify a third world country that has

resources our corporations covet, like oil, and then

arrange a huge loan to that country from the World Bank

or one of its

sisters. However, the money never goes to the country.

Instead, it goes to our own corporations to build

infrastructure

projects in that country, power plants, highways,

industrial parks, things that benefit a few rich

people in that country, as well as our own corporations,

but do not help the majority of the people at all.

And yet they, the whole country, is left

holding a huge debt, and it's such a huge debt they can't

possibly repay it.

So at some point, the economic hitmen go back and say,

"You owe us a

lot of money. You can't repay your debts, so give us a pound of

flesh." When I failed

to bring them around, to get them to accept these loans,

to get them to put their

countries into servitude, then I knew that standing right behind

me were what we call the jackals,

and these are people who overthrow governments or assassinate their

leaders.

And both Jaime Roldós of Ecuador and Omar Torrijos of Panama were

assassinated by CIA-sponsored jackals

because I failed to corrupt them.

End of transcript · 223 words

iPhone app Translate videos on your iPhone Paste a TikTok, Instagram or X link, add subtitles in your language and save the video to Photos.

Read any video in your language

Paste a link from X, TikTok, YouTube or Instagram. You get a page like this one.

© 2026 TranslateMom Transcripts Sources Pricing Legal