me🌮irl (lemmy.world)
submitted 2 years ago by to c/me_irl@lemmy.world
 
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[–] 14 points 2 years ago (1 child)

Only because cartels keep you safe there. Because how else would it be safe if cartels weren't earning better cash there with the tourist trash?

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  • [–] 3 points 2 years ago (1 child)

    Cartels have to launder their money somehow, no better way than catering to Midwesterners.

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  • [–] 0 points 2 years ago (1 child)

    That seems like a logical explanation at first, but how do you launder dirty money by offering services to tourists who bring "clean" money into the country? and wouldn't the cartels have a multiple in money from drug trades compared to the overall transactions involved in tourism?

    I mean, I am not saying you are wrong, it just never occurred to me that this could be more than just a nice additional source of income...

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  • [–] 6 points 2 years ago (1 child)

    Laundering money is usually mixing dirty cash with clean cash. So you have legit business(es) in a busy area, and you inflate the 'real' income with the 'dirty' cash. Now you've paid taxes on the dirty cash (and can put it in the bank).

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  • [–] 3 points 2 years ago (1 child)

    oh. yeah, that makes sense! Thank you for the money laundering crash course :D

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  • [–] 4 points 2 years ago (1 child)

    No problem. The best types of businesses for this deal with a lot of cash, and are ideally service-based. If you are selling goods, then someone could investigate and find that you aren't buying enough supplies to account for your sales. For laundering millions, real-estate and fine art are popular, since you can buy it cheap, and then inflate it pretty arbitrarily, and sell it (to yourself or a coconspirator) for a huge 'profit'.

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