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by readhn 3530 days ago
I have easy solution to really cripple global drug trade. Stop drug money flows = cripple drug flows. If a bank gets caught with drug money laundering - all executives loose bonuses and golden parachutes, their salaries go down to average household salary for that year. Done! Watch them Then really clean up the banking system in a couple of years!
1 comments

An "easy solution" in the Trump sense, ie. simplistic and ignoring common sense and reality.
Banks launder drug money. It is a fact. HSBC, BofA, JPM ... all of them are involved.

Fines clearly dont work. We have drug epidemic currently in the united states. What other solutions do you suggest that will stop the drug money flows? I say bend over the banks - but no one of course will do that ;)

I wish someone did a detailed analysis on the whole drug supply chain, in order to determine the best place in the chain for intervention.

I bring this up as I remember a fascinating security economics paper that examined the economics of spam and its non-obvious conclusions regarding a good intervention point: http://css.csail.mit.edu/6.858/2014/readings/trajectories.pd...

Does anyone here know of a similar study for the drug supply chain?

The best places for intervention: 1. banks and offshore accounts (full transparency) 2.Transportation via private planes. Make it impossible to move large amounts of money using non transparent mechanisms. Make it impossible to move drugs via private planes. (most large drug shipments are moved via private airplanes).

http://nypost.com/2015/05/22/smuggler-with-ton-of-cocaine-cr...