It's a recession - in the illegal drugs market

By 0utrider · Mar 19, 2008 · ·
  1. 0utrider
    http://www.dallasnews.com/sharedcon...anders_18bus.ART0.State.Edition1.39aa1c4.html

Comments

  1. cra$h
    whole world's goin to shit....
  2. lulz
    This has way, way more to do with the collapsing value of the dollar than anything else.

    Here's a graph compiled by the Rand corporation, showing how the price of cocaine has steadily fallen in the US over the last two decades (adjusted for inflation):

    [​IMG]

    http://blog.washingtonpost.com/fact-checker/2007/11/is_there_a_cocaine_shortage_1.html

    The gradually falling price is a result of more and more cocaine reaching the American market every year. Are we supposed to believe that in the last four or five years they've magically transformed this trend?

    I'm sure the DHS has made smuggling somewhat harder, but more importantly the value of the dollar has fallen so much that it's cutting into profits, and drug exporters only care about the bottom line. Pretty shocking indicator of how much the dollar has fallen - America is no longer the largest economy in the world in terms of GDP, the EU became number one last week. http://www.reuters.com/article/idUSL1491971920080314

    [​IMG]
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