Sunday 24 April 2011

Mexican drug gangs, US banks and the world economy


One part of Mike Ruppert's "Crossing the  Rubicon" that I could not get a hold on when I read it was where he asserts that it is drug money that keeps the world economy going.  I had therefore ignored this aspect of his work.


However, my attention was drawn to a lengthy article from the Observer recently on how a big US bank laundered billions from Mexico's murderous drug gangs.  


This article states that a US bank Wachovia, now part of Wells Fargo, between 2004 and 2007 laundered billions of dollars of money from the Mexican drug gangs and that this money entered the global financial system.
This was followed by an item on the Max Keiser Report which shows that proceeds from drugs were the only liquid investment capital available to banks on the brink of collapse.
When this source of liquidity dried up the US and world financial system was bankrupted and credit dried up.


So, the world financial system is kept going through money from cocaine and the human misery this creates....?




The second part of the video contains an interview with James Howard Kunstler.

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