Web(The Treasury couldn't inject cash, because the Treasury isn't responsible for printing money and doesn't directly control the money supply.) TLDR: the crash of '08 was mostly due to banks being heavily invested in MBS, with high leverage. I haven't seen any evidence indicating that drug money "saved" the banks and this article is pure speculation. WebChoose the true statement about the consequences of Vietnamization. President Nixon escalated the war in Southeast Asia by sending troops into Cambodia. Choose a consequence of government efforts to address violent crime and drug use in the 1980s and 1990s. African Americans were seven times more likely to be imprisoned than white …
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WebDec 26, 2008 · In the past decade, China has invested upward of $1 trillion, mostly earnings from manufacturing exports, into American government bonds and government-backed mortgage debt. That has lowered ... WebJan 22, 2010 · The U.S. Treasury put Grupo Collins on a black list in 2008, saying the firm supplies a small drug cartel in western Mexico with chemicals needed to make methamphetamines. ... Drug money has also ... peterston super ely parish council
4 Industries Getting Rich Off the Drug War - Reason.com
WebDec 3, 2024 · Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations' drugs and crime tsar has told the Observer. WebJun 25, 2024 · VIENNA: The new coronavirus pandemic could hit drug markets just as the 2008 economic crisis did, exacerbating the risks for users, the UN drugs and crime … WebIn 2008/9 when the global recession hit, banks were impacted hard and many even collapsed. However, some speculate that it could have been even worse if it weren't for drug money keeping liquidity... start a family tree for free