This is a really interesting read about a little town in Nicaragua. It's kind of long but worth it, here's a little taste.
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Bluefields is a creation of the gods of geography. Located halfway between the cocaine labs of Colombia and the 300 million noses of the United States, Bluefields is ground zero for cocaine transportation. Nicaraguan waters are near Colombian territorial limits, making the area extremely popular with cocaine smugglers using very small, very fast fishing boats.
The US military calls them "go fast boats", which is a bureaucratic way of describing these mini-water-rockets. Typically these 12m boats have 800 horsepower of outboard motors bolted to the stern. A Porsche 911 Turbo, by comparison, has 485 horsepower.
While they are very fast, they are also very visible to the array of radars set up by roaming US spy planes, Coastguard cutters and helicopters which regularly monitor the speeding cocaine traffickers.
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"Down by Monkey Point, a family found an entire boat ... they stashed it and bought up houses all over town. It was 57 sacks [about 1995kg]," says Jah Boon, a local Rasta man. "Those people have money and still have coke buried in them hills. It is another way of having money in the bank."
At a local price of $3500 per kg, the typical 35kg sack nets a cash sale price of $122,500, which by all accounts is spent immediately.
"Last time bags and bags washed up, everyone [felt like] a millionaire, but that money does not last." explains Helen, who runs a university research institute in Bluefields. Asked how the locals unload their cash, she said: "Beer, beer, beer. You should see the amount they drink here. Go to the pier and see how much alcohol goes out to the islands."
"When the drugs come in, everyone is happy, the banks, the stores, everyone has cash."
Arana, the former mayor, recalled one month when the village bought 28,000 cases of beer.