The following video is brought to you courtesy of the RT America YouTube Channel. Click the video below to watch it now.
On the show, Chris Hedges discusses the business secrets of drug dealing with the investigative journalist, Matt Taibbi.
No one knows exactly how big the underground or illegal economy is in the United States, but most estimates say it is huge, 11 or 12 percent of the U.S Gross Domestic Product or GDP, meaning it is well over $2 trillion. The underground economy, which is designed to avoid taxation and government oversight, has its own set of rules, one of them being that it deals exclusively in cash. The 2008 global financial meltdown, and the economic fallout from the pandemic, have, by most estimates, seen the illegal economy where people make a living off the books expand. The IRS estimates it lost $ 441 billion in taxes between 2011 and 2013 due to unreported wages. There is a cost to flying under the radar. Not only are those that work in the underground economy bereft of benefits, health insurance and worker’s compensation, but they have no legal recourse when they are cheated or exploited. Disputes are often settled with violence. Matt Taibbi in his new book The Business Secrets of Drug Dealing, which he describes as “an almost true account,” chronicles the life of a successful coast-to-coast Black drug dealer in Donald Trump’s America. The book examines the shadow world of drug dealing, estimated to be a $ 100 billion a year industry in the United States, and lays out its peculiar subculture and peculiar rules for survival and success.
Matt Taibbi’s new book The Business Secrets of Drug Dealing.
#QuestionMore #RTAmerica #OnContact #ChrisHedges
Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://bit.ly/DownloadPortable
Telegram: https://t.me/RTAmerica
Check out our other shows!
NO show does it like this. It’s TIME for The News on RT America: https://bit.ly/NRSSHOW
It’s her take on all things political and she presents ALL the angles: News.Views.Hughes with Scottie Nell Hughes, NVH: https://bit.ly/NVHSHOW
What’s your NEWS IQ? Give us 30 minutes, and we’ll take you across the globe! In Question with Manila Chan, IQ: https://bit.ly/IQ_SHOW
Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One!
Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
Let our TV time-machine bring you the week’s highlights and a closer look at the BIGGEST stories, Just Press Play: http://bit.ly/JustPressPlayShow
Author and social critic Chris Hedges conducts fascinating in-depth interviews with the fiercest critics of the establishment. Watch all episodes at https://bit.ly/2QIkQZg
Yep, it’s Gov. Jesse Ventura and you’re living in his WORLD! Come along for the ride.
The World According To Jesse: http://bit.ly/WATJSHOW
They’re watching you. Are you watching them? Are you WATCHING THE HAWKS?
Watching The Hawks: http://bit.ly/WTHSHOW
Follow the twists and turns of the global economy with Boom Bust, the one business show you can’t afford to miss. Boom Bust: http://bit.ly/BoomBustShow
Do you keep missing the forest for the trees? Let Holland Cooke show you the Big Picture, The Big Picture: http://bit.ly/TheBigPictureShow”
