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 |  Subject: Via Anarcho-Capitalists' Forum: The European financial systems were as good as saved by the global drug trade  Wed Mar 26, 2014 1:52 am | |
| Which Country Is Europe’s Biggest Narco State?
By Don Quijones, freelance writer and translator in Barcelona, Spain. Raging Bull-Shit is his modest attempt to challenge the wishful thinking and scrub away the lathers of soft soap peddled by our political and business leaders and their loyal mainstream media.
Few people have paid such a high price for success as the Italian novelist and investigative journalist Roberto Saviano. In 2008, at the tender age of 26, he published Gomorra, a brutal, amphetamine rush of a novel based on exhaustive research he had done on the Neopolitan mafia, la Camorra.
At first, the mafia was nonplussed about the publication; some of its members were even proud to have been featured in the book. But then Gomorra went viral, selling 10,000,000 copies in 50 different languages. As Saviano told the Spanish journalist Jordi Evolé in a recent interview for the Spanish documentary Salvados, that’s when the problems began. All of a sudden, the press was talking about the Italian mafia, governments were investing more money to combat organised crime, and the wheels of justice were moving faster.
Saviano’s success had turned him overnight into an enemy and threat to one of the world’s most powerful crime organisations. Since then, he has had to live his life on the move, under the radar and the constant protection of platoons of bodyguards. As he puts it, “my old life has died.”
None of that has stopped him, however, from continuing to write about some of the world’s least savoury and most dangerous individuals and organisations. “I am obsessed,” he told the Spanish daily El Pais. “The moment I came face to face with the story of the mafia, I couldn’t resist it. I knew that if I continued writing, my life would suffer. Not only because of the threats, but also the lawsuits for defamation I would face from the people I wrote about. But I was hooked, the addiction was stronger than me.”
His latest book Zero Zero Zero is a novel based on the Mexican and Columbian drug trade, and features a wealth of fresh, mind-boggling information about global drug trafficking, including little-known nuggets about the “European connection”. We’ve all heard about the so-called “narco states” like Columbia and my country-in-law, Mexico (which Saviano has described as the “pulsing heart” of the drug trade), but what happens at the other end of the distribution chain, in countries like Spain, Italy and Germany? Here are some answers, from Evole’s engrossing interview with Saviano:
“Cocaine Governs the World“
Cocaine is a merchandise that is sold everywhere in the world, all the time. I used the expression [in the book] “governs the world” because the data are astonishing: More than 400 billion dollars of revenue per year… If I invested 1,000 dollars in an Apple share, in one year I would make back around $1,200, $1,500. If I invested the same amount in cocaine, I could make back $182,000. That’s the power of cocaine.
The Role of “Fast Ports” in the Global Drug Trade
One thing that works in the narcos’ favour is that a port that handles containers slowly is as good as dead. A port that receives and processes many containers as quickly as possible is alive and kicking. To give a hypothetical example, if a port were to decide to check all of the containers it handled, no company would ever want to use it. The faster the port, the better. And it’s this paradox that helps to make the drug trade possible.
Europe’s Drug-Trade Ranking
Spain is first, followed by Germany, then France… In terms of the overall business [not just trade] the absolute leader is Italy, but Spain moves more cocaine than any other country in Europe.
European Banks Open Their Vaults to the Drug Lords
These days, the big drug cartels do not use tax havens, or at least they use them less than before. Instead, they use European [and obviously American] banks. In the new book, I mention Antonio María Costa, the former Under-Secretary of the United Nations Office on Drugs and Crime, who said at the beginning of the crisis that the European banking system had lowered its security barriers. In other words, they had opened the floodgates to drug money. Costa has publicly stated that the European financial systems were as good as saved by the global drug trade, yet no EU government has responded to his accusation.
The Costa Nostra
For 20 years Spain has been the European gateway for the cocaine market [It is also Europe's leader in the hashish trade]. Apart from Spaniards, everyone knows that Spain is a country where narco bosses go to live… Whenever convenient, Spanish politicians ignore this huge problem. Among the first people to invest in Spain after the fall of the Franco regime were [the Italian mobsters] Antonio Bardellino, Nunzio de Falco and the Tano Badalamenti organisation. That’s why they call it the “Costa Nostra”.
The Role of the Global Drug Trade in Spain’s Property Boom
Who’s behind Catalonia’s real estate speculation? Narco traficantes. Where did all the money that fed Spain’s property bubble come from? It came from the drug trade. Speak to the police in Spain and they will tell you that they don’t have the resources to requisition the mafia’s money. They don’t have the means to arrest the big players. Spain has all the weapons necessary to fight the problem, but the political will doesn’t exist. As the Catalans say, “money is money”.
Chapo Guzman: The Steve Jobs of the Drug Trade
Guzman invented a whole new way of working in this business. He realised that the real money could be made in distribution, not production. Chapo Guzman sold cocaine not to the world’s consumers but to all of the world’s cartels.
On Drug Legalisation
I detest all types of drugs, but I’m in favour of blanket legalisation. I understand that it’s a moral problem. But I also know that the only way to take the drugs out of the hands of the mafia is legalisation. There’s no other way… the world is drowning in criminal capital.
For the narcos, this criminal capital is the reward for the immense risks they take in their chosen profession. As Saviano says, the life of a capo is the life of a recluse; it is “a living hell”. Their friends will one day be their enemies, and one of only two fates ultimately awaits them: death or prison. Until that happens, they can make vast sums of money very quickly.
As for the senior executives that run the global banks, they assume no risks whatsoever in their pursuit of the immense rewards that can be made from laundering the booty from this bloody business. When, on the rare occasion, they are caught in the act, it is the bank, not the executives, that pays the price, and only in the form of the daintiest financial slaps on the wrist. As the banks’ rap sheet grows, the penalties for their “misconduct” shrink, until they become mere operational costs of subverting the law. For their part, governments and regulators take a tidy cut of the action in exchange for looking the other way.
In the wake of the recent highly publicised arrest of Mexico’s narco kingpin, Chapo Guzman, one thing is now abundantly clear: the only genuine untouchables left in today’s criminal hierarchy are the senior management of the world’s largest banks. By Don Quijones, Raging Bull-Shit.
“We have to fight corruption in order to build a new model of more sustainable and fairer growth,” pontificated the CEO of BBVA, a Spanish TBTF bank known for its involvement in all sorts of sordid scandals. Read.... Banker Farce: Spanish Bank CEO Launches Moral Crusade Against Political Corruption
http://www.testosteronepit.com/home/2014/3/24/which-country-is-europes-biggest-narco-state.html
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“The state calls its own violence law, but that of the individual, crime.”-- Max Stirner
"Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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