Gary Thaller

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It was relatively easy to demonstrate that the country could assume vast amounts of debt and then repay these debts from the benefits realized from the projects themselves and from the country’s natural resources. Thus, huge investments in electrical power grids, highways, and telecommunications would help Colombia open up its vast gas and oil resources and its largely undeveloped Amazonian territories; these projects, in turn, would generate the income necessary to pay off the loans, plus interest.
The New Confessions of an Economic Hit Man
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