How the US Government, Banks, Prison-Industrial Complex, Corrupt Officials, Businesses, Law Enforcement, Racists and the CIA Profit From Illegal Drugs
This is the eighth article in the Truthout on the Mexican Border series looking at US immigration and Mexican border policies through a social justice lens. Mark Karlin, editor of BuzzFlash at Truthout, visited the border region recently to file these reports. You can find links to the previous coverage at the end of this article.
US Banks Love Real Dollars, and Illegal Drug Money Comes in Cash
A recent article in The Guardian UK offers evidence that “while cocaine production ravages countries in Central America, consumers in the US and Europe are helping developed economies grow rich from the profits.”
According to The Guardian UK story, the study by two Colombian professors found that “2.6% of the total street value of cocaine produced remains within the country [Columbia], while a staggering 97.4% of profits are reaped by criminal syndicates and laundered by banks, in first-world consuming countries.”