“Dozens of tons of cocaine have been taken out of circulation,” German authorities said. The drugs were first uncovered in Hamburg last year.
Investigators in Germany have discovered a record amount of cocaine worth several billion euros, authorities reported on Friday.
“Dozens of tons of cocaine worth several billion euros have been taken out of circulation,” the Baden-Württemberg State Office of Criminal Investigation and the Customs Investigation Office in Stuttgart, as well as the Düsseldorf public prosecutor’s office announced.
The huge quantity of drugs was first discovered in the port of Hamburg last year, and, according to the German news agency DPA, originated in South America.
“Dozens of tons of cocaine worth several billion euros have been taken out of circulation,”
Which achieves nothing.
Legitimately, everything is minor, there is just so much of it flowing.
I am in a small town and hundreds of thousands worth ws seized and a few arrests but there was no blip in supply, change in price nothing.
legalize it and tax it.
They just did with marijuana, so there is progress
They didn’t do a proper legalization like Canada though. Just half-assed it.
Idk for me it’s progress. But it might be a glass half full/empty kind of difference in perspective
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Google Iran-Contra. No legalization needed for that. In fact black money pools are much more useful for bombing innocent people.
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Great, thanks for driving up the price and thus making the market more attractive. This is a never ending waste of time, money, energy and life.
I’m glad they had nothing better to do.
Than to take drugs off the streets? This is good news.
Why? What harm does cocaine cause that’s any worse than legal alcohol?
I knew-jerk downvoted but then thought about your comment. I wish we had better research on the relative addiction of alcohol vs cocaine.
My immediate thought was “I know someone whose life was destroyed by cocaine” and then I realised the same is true of alcohol. If only the effort that went into illegally producing all this cocaine combined with the effort to seize and destroy it could be used to research and ultimately reduce harm from all drugs and stop fighting over legal vs illicit.
Anyway, time to ride my unicorn while I live in dreamland
I don’t know of any studies, but I would suggest that even when cocaine was legal in the 19th century in much of Europe and the U.S., people were talking about the evils of alcohol a lot more. The massive temperance movements were mostly about alcohol, not drugs like cocaine.
https://en.wikipedia.org/wiki/Temperance_movement
That implies, to me, that alcohol has always been a bigger problem.
Sounds like I should get a job in a banana trading company
https://youtube.com/watch?v=Ls3VkE2B8zM&si=AQ4HzMlILgkZ39bV
bananas, bread, milk
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Piped is a privacy-respecting open-source alternative frontend to YouTube.
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Cocaine, ha! Such amateurs.
My city sells that much weight in fentanyl per week!
That’s old stuff left behind from years back. Cocaine is out. Meth is the thing now.
Wait, no. I got news…it’s fentanyl.
Hold on, nope… It’s horse tranquilizer and fentanyl, while you tease a bear and have sex.
While parachuting.
Fuck’s sake
Perhaps this has something to do with the rise of the right-wing.
Nah, german fascists prefer meth.
If the picture has cocaine worth $1,000,000,000 … either cocaine has gotten REALLY expensive, or inflation has been HUGE…
Does that heap look like “dozens of tons”?
Lets see who shows
- Agitation and restless behavior
- Depressed mood
- Fatigue
- General feeling of discomfort
- Increased appetite
- Vivid and unpleasant dreams
- Slowing of activity (psychomotor retardation)
in the next days…
How can something that’s only value comes from exploiting biological process(addiction) have any real “value”? Ones who make this stuff dont have to pay for shit when they make this and it doesnt bring anything positive to the world. Rather, it has negative value and by destroying it you are creating some value.
That’s why generally they’ll use the term “street value” for these kinds of descriptions. That means it’s worth that amount because that’s what people are willing to pay for it.
Same same ‘Market Cap’
Nobody expects to clear at that price.
value is not rational