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The Illegal Drug Industry

15 hours ago ago from The Investor's Consigliere

The WSJ as a great article about how the Mexican drug cartels function as a business,which is often ignored. You can learn a lot about business by studying illegal businesses like drugs because they represent a kind of pure capitalism and because there is no annoying corporate-speak to wade through. And it's all applicable to legitimate businesses--this one article alone touches on risk-adjusted returns, how demand creates supply, ...

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Solutions to Mexico's Drug Crisis

8 hours ago ago from One Penny Sheet

OPS_admin | Dec 26, 2009 | Comments 0 To weaken the cartels, some argue the U.S. should legalize marijuana, let cocaine pass through the Caribbean and take the profit motive out of the drug trade In the 40 years since U.S. President Richard Nixon declared a war on drugs, the supply and use of drugs has not changed in any fundamental way. The only difference: a taxpayer bill of more than $1 trillion. A senior Mexican official ...

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