1154: Sean Williams | The North Korea-China-Drug Cartel Connection

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Episode
1156 of 1186
Længde
1T 26M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Sean Williams gives us a peek beneath a global shadow economy that thrives as countries like North Korea and China operate like criminal enterprises.

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Full show notes and resources can be found here: jordanharbinger.com/1154

What We Discuss with Sean Williams:

North Korea operates as a massive organized crime outfit • , generating revenue through forced labor, human trafficking, drug production/trafficking, and cybercrime to fund the regime's survival. North Korean hackers (Lazarus Group) have become sophisticated cybercriminals • , stealing $1.5 billion in cryptocurrency from ByBit exchange in February 2025. Chinese "flying money" (Fei Chen) operates as an ancient, untraceable money transfer system now widely used by drug cartels and for capital flight from China • , possibly totaling $2 trillion annually. Chinese money laundering has had a visible impact on real estate markets • in Vancouver, Toronto, Sydney, and Los Angeles, where properties purchased with laundered funds remain unfinished or abandoned. Despite public diplomatic cooperation between US and China on financial crimes, both countries have conflicting incentives • — China benefits from US drug chaos while the US benefits from Chinese capital flight. • And much more...

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