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Daily Chart: A Drugs Racket

From The Economist:
http://www.economist.com/daily/news/displaystory.cfm?story_id=11731248...

By romy on Jul 15, 2008, 12:09 in Friendly Talkzone. AddThis Social Bookmark Button


romy says on Jul 15, 2008, 12:10:

Interesting the effects of Plan Colombia...

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dwmte7 says on Jul 15, 2008, 12:15:

when the kids used to sell toot on the median on oriental in poblado, a 'fat gram', a gram and a half, was $1.50. u.s. and this blow hadn't been stepped on. at that time, a gram of 'boot toot' (cut) was 100.00 in los angeles/bev. hills.

dwmte

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tasco66 says on Jul 15, 2008, 12:17:

Does that mean demand went down?

Bravo, Presidente Uribe for the perfect operation!

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gimmedub says on Jul 15, 2008, 12:55:

it could be that demand went down OR it could also mean supply increased with steady demand...

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tasco66 says on Jul 15, 2008, 12:58:

Supply maybe increased from Peru, Ecuador, Bolivia, and Brazil?

Bravo, Presidente Uribe for the perfect operation!

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romy says on Jul 15, 2008, 13:03:

I would suggest that increased coca cultivation of coca in Colombia would indicate increased Colombian supply.

"like a business"?? Most definitely IS... wasn't Pablo on Forbes...

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tasco66 says on Jul 15, 2008, 13:27:

"Lies, damned lies, and statistics" is part of a phrase attributed to Benjamin Disraeli and popularized in the United States by Mark Twain: "There are three kinds of lies: lies, damned lies, and statistics." The semi-ironic statement refers to the persuasive power of numbers, and succinctly describes how even accurate statistics can be used to bolster inaccurate arguments.

http://en.wikipedia.org/wiki/Lies,_damned_lies,_and_statistics

Bravo, Presidente Uribe for the perfect operation!

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romy says on Jul 15, 2008, 13:44:

this statement works in any direction... acres of cultivation is very straight forward though

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dwmte7 says on Jul 15, 2008, 13:50:

i'm a country boy tasco...we gotta go have a beer and after i'm thoroughly plastered, explain that again...i think you're manipulating statistics.

dwmte

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