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How Drug Money Saved Banks in 2008

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The banking system nearly imploded in the fall of 2008. Worldwide, a handful of major banks had been exposed to speculative losses because the economic collapse. These banks were rescued with hundreds of billions of dollars in government bailouts. What's often overlooked is how the banks, which survived on government life support and then repaid their loans, profited from drug trafficking and money laundering by bigtime criminals, in this video we explore that and so much more. #Economics #Finance #Banks

posted by lauhoitsunko