Monday, September 7, 2009

Credit Crunch Impairs Drug Trafficking

International police investigations have shown that even well-established Irish drugs gangs are no longer able to depend on credit when buying drugs.


  1. Now, if John Robb were reading this, he would suggest some cool high-tech electronic-cash payment method with lots of cypherpunk gadgetry, so that there wouldn't be any suitcases of euros to get confiscated.

  2. Actually, the Albanian mafia, in circumstances such as this, uses human trafficking to generate sufficient cash to capitalize narcotics transactions.

    Also, reportedly, drug traffickers use stolen art as collateral to secure large drug shipments.

    I'm quite sure that any comment John Robb might have on this subject would be high quality.

  3. I guess no matter how many crypto-gadgets one has, a borrower still has to have some kind of material capital - human slaves or stolen art - that can be confiscated by the lender.

    About human trafficking, even my normal black humor can't think of anything witty to say. Some outfit call "Media Diversity" quotes an Albanian sex slave as follows:

    ""He said nobody knew us in Bologna, but I was scared. You know what the law is like," says Ana. This fear of the law stems from the fact that Albania is still ruled by strict, customary laws dating back from the Middle Ages. The old laws punished prostitution severely and prostitutes were shunned by their families or, in some cases, even subject to capital punishment. These traditional laws are still used in undeveloped rural areas in Albania. Coming from such an area, Ana at first refused, and her enraged pimp beat her savagely until she changed her mind."

    On the one hand, I think prostitution is a crime. On the other hand, pimping involves all the bad parts of prostitution, plus the additional crimes of slave-trading, assault, and miscellaneous crimes.

    I know very little about art, stolen or otherwise.