New Hampshire Underground

New Hampshire Underground => Voluntaryism/Anarchism => Topic started by: thinkliberty on April 26, 2010, 03:50 PM NHFT

Title: Black market agorists saved the world from complete economic collapse.
Post by: thinkliberty on April 26, 2010, 03:50 PM NHFT
http://www.guardian.co.uk/global/2009/dec/13/drug-money-banks-saved-un-cfief-claims (http://www.guardian.co.uk/global/2009/dec/13/drug-money-banks-saved-un-cfief-claims)

Quote
Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations' drugs and crime tsar has told the Observer.

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were "the only liquid investment capital" available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result....
(See link for full story)