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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

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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....

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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.

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