Wednesday, October 10, 2007

Cocaine Galore

It's a cocaine version of "Whisky Galore". According to Tuesday's Guardian the Mosquito Coast is benefiting - in an extraordinary way - from the "war against drugs". The drugs are smuggled from Columbia to the USA, but when the Columbian drug runners fear they will be intercepted by the US coast guard, they ditch their drugs. Bales of cocaine are washed ashore, and previously poverty stricken inhabitants of Bluefields, on Nicaragua's Caribbean coast, reap the dividend, selling the drugs back to the dealers (at a fraction of the market value) but at considerable profit: "some locals who used to live in rags live it up at posh hotels...others stock-up on wide screen TV's and expensive beer". Fantastic. Uneveven and combined development?


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