Should rich countries’ cancel poor countries’ debt?
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About the video: ‘Should rich countries’ cancel poor countries’ debt?’
Former economic hitman John Perkins talks about the growing interest in reducing the debt burden in the less developed world. He explains why so many poor countries got into much of this debt in the first instance. In light of these circumstances he says it is essential that more people speak out on this issue. Not only must more debt be forgiven, but the economic system that perpetuates such debt must also be reformed.
Total views: 1,880
Filmed: Porto Allegre, Brazil on 28 January 2005
Credits: Interviewer and Camera - Zoe Young Editor - Marcus Morrell
Copyright © 2005 Zoe Young
About John Perkins
From 1971 to 1981 John Perkins was Chief Economist and Director of Economics and Regional Planning for Chas T. Main, an international consulting firm based in Boston, Massachusetts. In 2004 he published a best-selling memoir called ‘Confessions of an Economic Hitman,’ in which he describes his work at Main and the duplicitous means by which corporate America has prospered at the expense of many of the world’s poorest nations.
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