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Banking and the Worlds Biggest Business

When we speak of the drug-related illegal economy — for drags [Pg.63]

Closely related to the striking uniformity of inner-city heroin prices at retail level in the United States is the gigantic discrepancy between known levels of opium production for illegal purposes and consumption by the world s addict population. Fairly reliable statistical data are available for both. Within great margins of fluctuation depending on weather, enforcement, and other conditions, available supply exceeds demand by roughly a factor often. [Pg.65]

In short, most of it is never sold, because production capacity is enormous relative to the market s absorption capacity. [Pg.66]

Allowing for the relative ease with which a large dollar value of [Pg.67]

Beyond such examples, no accurate data exist. The best that can be stated is that the total world cash flow of illegal drag traffic certainly exceeds 100 billion, and almost certainly does not exceed 200 billion. [Pg.68]




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And business

Banking

Banks

Banks and banking

The World

The World Bank

World Bank

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