Tuesday , April 30 2024
Home / Mike Norman Economics / Afghanistan: Where’s the Cash? — Eric Margolis

Afghanistan: Where’s the Cash? — Eric Margolis

Summary:
Afghanistan’s US-run government was the world’s largest producer and exporter of opium, morphine, and the end-product, heroin.As it did after first seizing power in the mid-1990’s, Taliban, the Islamic anti-drug and anti-communist movement, is shutting down the Afghan drug trade. Billions worth of heroin, opium and morphine that had been flowing into Central Asia, Russia, Iran, Turkey, Pakistan and Southeast Asia will be sharply reduced. Afghanistan’s drug-based economy is now in dire jeopardy....ericmargolis.comAFGHANISTAN: WHERE’S THE CASH?Eric Margolis

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

NewDealdemocrat writes Coronavirus dashboard, 4 years into the pandemic: all-time low in hospitalizations, deaths likely to follow

Angry Bear writes Tesla Is Not the Next Ford. It’s the Next Con Ed

Bill Haskell writes Nestlé adds sugar to baby food in low-income countries, report finds . . .

Lars Pålsson Syll writes Nu är det dags ta farväl av reformpedagogiken

Afghanistan’s US-run government was the world’s largest producer and exporter of opium, morphine, and the end-product, heroin.

As it did after first seizing power in the mid-1990’s, Taliban, the Islamic anti-drug and anti-communist movement, is shutting down the Afghan drug trade. Billions worth of heroin, opium and morphine that had been flowing into Central Asia, Russia, Iran, Turkey, Pakistan and Southeast Asia will be sharply reduced. Afghanistan’s drug-based economy is now in dire jeopardy....

ericmargolis.com
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *