Wednesday, May 17, 2006

Supply and demand

I guess the price of coke may be going up soon.

The agency says Operation Twin Oceans has dismantled the cartel. The DEA accuses the organization of smuggling more than 15 tons of Colombian cocaine into the United States and Europe every month.

Now here is the part that I find interesting. 15 tonnes of blow, at $40/gram translates to 600 million dollars a month, or 7.2 billion dollars a year. And that's just one trafficking ring. You have to wonder if at some point it may make more economic sense for Colombia to just make it legal and tell the US to fuck off and stop poisoning their soil and water.

But maybe that would make too much sense.



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