Strong euro/cheap USD behind cocaine flows

[Doctor Cynic]

Source: BBC

The euro's strength against the dollar may explain a rise in the availability of cocaine in Europe and a decline in the US, a US anti-drugs official says.

John Walters, director of US national drug control policy, said the amount of cocaine seized at the US south-western borders had declined.

The price and the purity of cocaine in US have also fallen, he said.

Meanwhile, Europe has seen a huge increase in availability as traffickers take advantage of the exchange rate.

Read more: http://news.bbc.co.uk/2/hi/business/7342946.stm

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Looks like GWB has become a victim of his own economic policies!

[saigon68]

1. Yes "Doing a Line" is going to cost HIM more.

[KamaAina]

6. I hear it's real cheap down in Paraguay

and all this time we were thinking it was the water resources that lured him to buy down there...

[saigon68]

11. Yes that's the future base for the BFEE

[TomInTib]

2. So that's what it took to win the War on Drugs...

The implosion of the US economy.

Gee, that was easy.

[damntexdem]

3. We're finally winning the war on drugs!

All it took was not being able to afford them, or at least to outbid our new economic masters.

[Bigmack]

4. Cocaine might be too expensive...

But that meth imported from Mexico is priced just right for the downscale US market!

A downscale drug for a downscale market... hey!... It's the capitalist way.

[OKthatsIT]

7. Heroin will flow in the streets..cheap and potent

dumbing the lost youth..to living dead.

[olddad56]

9. I think herion will follow coke to Europe, but meth will take cokes place.

already has in many areas of the US.

[toopers]

12. What to you mean "imported" . . .

Meth is becoming one of Americas staple crops. It is the new "moonshine" of Appalachia!

[High Plains]

13. Meth labs are on the decline, thanks to a raft of new laws this decade.

I call those laws the Mexican Methamphetamine Market Share Enhancement Acts...because they have pretty much wiped out the ma and pa domestic meth cookers, leaving the market to Mexican superlabs and smuggling networks.

Why does the phrase "law of unintended consequences" come to mind?

[jaksavage]

5. Drugs on purpose

Wring us out with one drug and then
wring us out with another.

Part of the plan to divide and conquer.

All polititians are corrupt.

[Kip Humphrey]

8. You just know we're in trouble when drug cartels prefer euros over dollars!

[Wilber_Stool]

10. Buddy can you spare a line................n/t