Re: Re: 21st century feudalism and protection rackets

["Ian Murray" <seamus2001@xxxxxxxx>]

> Ian's article sent me to the Global Trends 2015 site, which reports:
>
> "Available data suggest that current annual revenues from illicit
criminal
> activities include: $100-300 billion from narcotics trafficking;
$10-12
> billion from toxic and other hazardous waste dumping; $9 billion
from
> automobile theft in the United States and Europe; $7 billion from
alien
> smuggling; and as much as $1 billion from theft of intellectual
property
> through pirating of videos, software, and other commodities."
>
> I was struck by the relative magnitudes.  Toxic dumping is 10 to 12
times
> as much as intellectual property piracy.  I wonder if the gov. pays
10 to
> 12 times as much attention to such matters.
==========
I've seen estimates of drug money laundering as high as  $500billion.
What would happen to the banks if all that cash was shut off?

Ian