Drug Trafficking, Financial System and the Narcotization of the Earth

Image: Erythroxylum coca by H. Zell / Wikimedia Commons

“The billions of dollars that the drug trade injects into the bankrupt financial system through money laundering has been used to recapitalize the financial sector. In light of the revelations about HSBC, the LIBOR scandal, and the potential for the reintroduction of Glass-Steagall, there is now an opportunity to do away with the entirety of the deadly drug trade.”  LaRouchePAC

LaRouchePAC: Drug Trafficking and the Financial System
- Ivanov in South America

It is development which guarantees true sovereignty – above all in areas that are called planetary centers of drug production – and that means the sovereignty of nations, as against their global exploitation by transnational crime which mercilessly converts entire countries and group of countries into a sort of drug farm in the service of international crime.” – Viktor Ivanov,  Director of Russian Federal Drug Control Service

More transcript from the Video:

“Production of Afghan opium has been multiplied 40 times since Bush began war there in 2001.”

“According to a study by two Colombian professors, 2,6 % of the total street value of cocaine produced remains within Colombia while a staggering 97,4 percent of profits  (…) laundered by banks in first world consuming countries. The reason that the war on drugs has failed is that the drug money has been necessary to keep the banking system afloat. But likewise, the refusal to stop the drug trade has made available the capital that feeds the financial system’s addiction to that dirty money, and has thereby staved off the implementation of the new financial architecture.”

“During the 2008-2009 crisis, approximately 352 billion nacrodollars were injected into major banks during crisis points.”

“$100 in production = $100,000 at market in distribution nations”  

Source: http://larouchepac.com/home?n=23384&l=28

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