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China’s Underground Banking Empire: How Drugs & Money Corrupt America | Sam Cooper

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China has weaponized fentanyl against the United States. You might think of Mexican kingpins as the top of the drug food chain, but everybody works for somebody. And that somebody is often a gangster in China, made “respectable” by his other legitimate business operations and a position within the Chinese Communist Party.

But it gets worse. Today we’re speaking with Canadian investigative journalist Sam Cooper, whose deeply researched book Wilful Blindness exposes Canada’s damning role in the opioid trade.
This might explain why the Trump administration is going on the offensive with our northern neighbor.

Sam’s research uncovers an intricate network, where the inputs to make synthetic opioids like fentanyl move from China to Vancouver, where they are processed and released as a plague over all North America. Meanwhile, the drug money is laundered through casinos, real estate, and Chinese exports.

Opioid deaths have soared in the past two decades. This epidemic is no longer limited to the poorest corners of the US. The damage is everywhere, and it is growing. Yet powerful people are turning a blind eye to this “opium war in reverse.”

Follow Sam Cooper’s work at The Bureau here:
https://www.thebureau.news/

Subscribe to Ed D’Agostino’s free weekly e-letter here:
https://www.mauldineconomics.com/go/JM563S/YTB

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https://www.linkedin.com/in/ed-d-agostino-415475296/

Time stamps:
00:00 – Introduction
04:07 – Foreign financial networks in Canada
07:55 – Heroin and the big circle gang
12:01 – Offshore takeover of Vancouver real estate
16:38 – Gangsters, Hong Kong businessmen, and the CCP
19:99 – Decentralized fentanyl trafficking
25:17 – Fentanyl is a weapon in the war against the West
31:56 – Elite capture
35:52 – How Australia fought back
39:57 – Wilful Blindness
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John Mauldin
Each week, investors and financial professionals around the globe turn to John Mauldin to better understand Wall Street, global markets, and the drivers of the world economy. And for good reason. John is a noted financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher of one of the first publications to provide investors with free, unbiased information and guidance—Thoughts from the Frontline—one of the most widely read investment newsletters in the world.
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