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Cocaine is about surpass oil as Colombia's top export as revenues near $20B

58 pointsby freedudeover 1 year ago

5 comments

josefrescoover 1 year ago
&gt; Instead of attempting to eradicate coca bush farms, as it did in the past, the Colombian government is instead targeting exporters and laboratories that turn the coca leaf into cocaine. That&#x27;s led to a surge in crop yields for coca bushes in the past few years, with 230,028 hectares of the plant being cultivated in 2022.<p>Seems like the policy of targeting exporters&#x2F;labs is a failure if the higher yield is still making it to the market.
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labradorover 1 year ago
Weird: Yesterday I read a story about the collapse of Colombia’s coca market<p>Fentanyl, cartels or simple market glut: what’s behind collapse of Colombia’s coca market?<p><a href="https:&#x2F;&#x2F;www.theguardian.com&#x2F;world&#x2F;2023&#x2F;sep&#x2F;13&#x2F;colombian-coca-market-collapsed-cocaine-precursor" rel="nofollow noreferrer">https:&#x2F;&#x2F;www.theguardian.com&#x2F;world&#x2F;2023&#x2F;sep&#x2F;13&#x2F;colombian-coca...</a>
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archoover 1 year ago
<a href="https:&#x2F;&#x2F;archive.is&#x2F;JUMCB" rel="nofollow noreferrer">https:&#x2F;&#x2F;archive.is&#x2F;JUMCB</a>
webninjaover 1 year ago
Labor costs are cheap there. I wonder if they simply export finished oil-based products such as Gasoline or plastics instead of oil.
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oluwieover 1 year ago
As someone once said, cocaine is a hell of a drug.
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