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For every $100 of crude taken out of the Ecuadorian rainforests, the oil companies receive $75. Of the remaining $25, three-quarters must go to paying off the foreign debt. Most of the remainder covers military and other government expenses—which leaves about $2.50 for health, education, and programs aimed at helping the poor …

For every $100 of crude taken out of the Ecuadorian rainforests, the oil companies receive $75. Of the remaining $25, three-quarters must go to paying off the foreign debt. Most of the remainder covers military and other government expenses—which leaves about $2.50 for health, education, and programs aimed at helping the poor …

November 24, 2016 Nate

Perkins, John (2004-11-09). Confessions of an Economic Hit Man

For every $100 of crude taken out of the Ecuadorian rainforests, the oil companies receive $75. Of the remaining $25, three-quarters must go to paying off the foreign debt. Most of the remainder covers military and other government expenses—which leaves about $2.50 for health, education, and programs aimed at helping the poor. Thus, out of every $100 worth of oil torn from the Amazon, less than $3 goes to the people who need the money most, those whose lives have been so adversely impacted by the dams, the drilling, and the pipelines, and who are dying from lack of edible food and potable water.”


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