Saturday, December 20, 2008

Seems the downturn is hurting all kinds of people...

... including drug dealers:

Sammad’s got a problem. The recent downturn in the economy means that he can’t drive his car; he’s racking up a ton of debt, and soon, he might lose his livelihood.

“Pretty soon I’ll have to get a regular job,” he says with a chuckle.

Sammad’s not the typical victim of financial turmoil; he’s not a factory worker or a car dealer; he’s a different kind of dealer.

Sammad sells cocaine from his apartment in the suburbs of Vancouver. What used to be a lucrative profession is going south for him and the economy is primarily to blame.

It might be surprising, but the saleability of Sammad’s product really does depend on how well the economy is doing, and in particular, how well males between the ages of 18–40 are doing in that economy. A lot of uneducated male workers are losing their jobs, and for Sammad, they are his prime clienteles. Compound this with police in the United States intercepting a major shipment from South America destined for BC, and you get a product with a skyrocketing price and a market that can’t afford it.

“A kilo of coke used to be 18 G’s, now it’s 42,” he complains. “I can’t even make a profit unless I sell these chinsy little bags. My half-grams used to cost $25; now they’re $40 and even then I only make, like, five bucks off each one.”

From here. Thanks to highryder in this babble thread for the link.

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