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Will “Poor Man’s Cocaine” Fuel The Next US Drug Crisis?

Will "Poor Man’s Cocaine" Fuel The Next US Drug Crisis?

Authored by Jim Crotty via UnDark.org,

The cheap and highly addictive stimulant Captagon…

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Will "Poor Man's Cocaine" Fuel The Next US Drug Crisis?

Authored by Jim Crotty via UnDark.org,

The cheap and highly addictive stimulant Captagon shows signs of following in the opioid fentanyl’s footsteps...

THE OPIOID CRISIS continues to rage across the U.S., but there are some positive, if modest, signs that it may be slowing. Overdose deaths due to opioids are flattening in many places and dropping in others, awareness of the dangers of opioid abuse continues to increase, and more than $50 billion in opioid settlement funds are finally making their way to state and local governments after years of delay. There is still much work to be done, but all public health emergencies eventually subside. Then what?

First, it’s important to realize that synthetic opioids like fentanyl will never fully disappear from the drug supply.

They are too potent, too addictive, and perhaps most importantly, too lucrative. Opioids, like Covid-19, are here to stay, consistently circulating in the community but at more manageable levels.

More alarming is what may take its place. Since 2010, overdoses involving both stimulants and fentanyl have increased 50-fold. Experts suggest this dramatic rise in polysubstance use represents a “fourth wave” in the opioid crisis, but what if it is really the start of a new wave of an emerging stimulant crisis?

Substance abuse tends to move in cycles. Periods with high rates of depressant drug use (like opioids) are almost always followed by ones with high rates of stimulant drug use (like methamphetamine and cocaine), and vice versa. The heroin crisis of the 1960s and 1970s was followed by the crack epidemic of the 1980s and 1990s, which gave way to the current opioid epidemic. As the think tank scholar Charles Fain Lehman quipped, “As with fashion, so with drugs — whatever the last generation did, the next generation tends to abhor.” The difference now is the primacy of synthetic drugs — that is, illicit substances created in a lab that are designed to mimic the effects of naturally occurring drugs.

Today, anyone with a few thousand dollars and internet access can find instructions to build their own little drug empire. Look no further than “Breaking Bad,” the hit television series in which a high school chemistry teacher starts cooking high-quality methamphetamine out of an RV to help provide for his family. “Breaking Bad” is of course a work of fiction, but in the age of synthetic drugs, the plotline is not that far-fetched.

Back in the real world, methamphetamine has already become a significant threat. From 2015 to 2019, overdose deaths attributed to methamphetamine nearly tripled, according to a study by the National Institute on Drug Abuse, a staggering increase driven primarily by its combination with fentanyl. And yet, even with methamphetamine’s use on the rise, it still trails America’s favorite illicit stimulant drug — cocaine — by a significant margin. In the latest National Survey on Drug Use and Health, more than twice as many adults aged 18 or older reported using cocaine over methamphetamine in their lifetime.

Cocaine holds a special place in American pop culture. Long considered a party drug, cocaine has often been associated with celebrities, lawyers, and so-called finance bros, and its sale and use has been romanticized in music, TV, and cinema. The sad reality is that for the year preceding April 2023, more than 27,000 Americans died while using cocaine, according to provisional statistics from the U.S. Centers for Disease Control and Prevention. It is indeed a hell of a drug.

But its days may be numbered.

The vast majority of cocaine is currently produced in three countries in the world — Colombia, Peru, and Bolivia — primarily due to a favorable climate and a cultural affinity for the coca plant from which cocaine is derived. But what if, instead of being produced in the jungles of South America, cocaine — or something like it — could be manufactured anywhere?

This is not a new idea. In the last decade alone, illicit drug chemists have synthesized more than 1,200 new psychoactive substances, or NPS, also known as designer drugs or research chemicals, in search of a better high. So far, none of these lab-made drugs have threatened to unseat cocaine, but with advances in artificial intelligence, synthetic biology, and biotechnology, it is only a matter of time until some enterprising chemist strikes white gold.

Officials in Europe recently sounded the alarm about counterfeit Captagon, an amphetamine-like drug that produces many of the same physiological effects as cocaine. Often referred to as “poor man’s cocaine,” Captagon is already wildly popular in the Middle East where it sells for as little as $3 per pill and fuels the Gulf states’ party scene.

Captagon is the trade name for fenethylline, a chemical compound related to natural neurotransmitters like dopamine and epinephrine. It was first developed in the 1960s to treat attention deficit hyperactivity disorder, narcolepsy, and depression, but was later banned worldwide due to its high potential for abuse. Although still referred to as Captagon, virtually all the pills seized today are counterfeit and comprised of a hodge-podge of dangerous substances, including fenethylline, amphetamine, methamphetamine, and even caffeine.

In this way, Captagon is a lot like the counterfeit oxycodone pills flooding the U.S. drug market: They are advertised as one drug but contain another. And because they come in pill form, they are more approachable to the average drug consumer, who tend to associate pills with legitimate prescription medications.

While most drug overdose deaths are currently attributed to synthetic opioids like fentanyl, cocaine and methamphetamine carry significant risks of their own. Stimulants place extreme strain on the body’s regulatory and cardiovascular system and increase the risk of heart attack, stroke, or death. And unlike opioids, there is no miracle overdose reversal drug like naloxone — which was recently made available over the counter in the U.S. — or medication-assisted treatments for stimulant use disorders.

Interestingly, late last year the U.S. Drug Enforcement Administration did not increase the annual production quotas for several amphetamine-based prescription medications, including Adderall and Ritalin, although drugmakers had raised concerns about ongoing shortages. The agency’s response was due partly to concerns that aggressive marketing of these drugs could spark the next crisis. Recent studies suggest the use of ADHD medication by young adults does not necessarily lead to the use of illicit drugs in the future, but if shortages persist, will users turn to the black market as they did with prescription opioids?

The illicit drug trade is surprisingly regional, and preferences come and go. Just because a substance is popular in one region of the world doesn’t mean it will inevitably become popular in another. But Captagon displays all the hallmarks of the next big thing for the American public. Like fentanyl, it has a natural user base, is cheap and easy to make, and is highly addictive. It also avoids bizarre side effects (such as a notorious case of face-eating and other unusual behaviors) sometimes encountered with NPS.

It is difficult to predict what form the next drug crisis may take, but I believe one thing is certain: There will be another crisis. Early indications and warnings will be essential to identify the next threat and protect health and safety. Public health and law enforcement organizations must improve data collection and monitoring of emerging drug threats through intelligence collection, wastewater analysis, and forensic testing. They must also enhance information sharing and collaboration across the prevention, supply reduction, and treatment continuum. And the U.S. and its partners must act now to avoid repeating the mistakes of the past — before it’s too late.

*  *  *

Jim Crotty is the former Deputy Chief of Staff at the U.S. Drug Enforcement Administration and a member of the Global Initiative against Transnational Organized Crime’s network of experts. He is currently a Supervisory Criminal Research Specialist with the DC Metropolitan Police Department and a Senior Fellow at the Center for Advanced Defense Studies.

Tyler Durden Fri, 09/22/2023 - 18:20

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Fighting the Surveillance State Begins with the Individual

It’s a well-known fact at this point that in the United States and most of the so-called free countries that there is a robust surveillance state in…

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It’s a well-known fact at this point that in the United States and most of the so-called free countries that there is a robust surveillance state in place, collecting data on the entire populace. This has been proven beyond a shadow of a doubt by people like Edward Snowden, a National Security Agency (NSA) whistleblower who exposed that the NSA was conducting mass surveillance on US citizens and the world as a whole. The NSA used applications like those from Prism Systems to piggyback on corporations and the data collection their users had agreed to in the terms of service. Google would scan all emails sent to a Gmail address to use for personalized advertising. The government then went to these companies and demanded the data, and this is what makes the surveillance state so interesting. Neo-Marxists like Shoshana Zuboff have dubbed this “surveillance capitalism.” In China, the mass surveillance is conducted at a loss. Setting up closed-circuit television cameras and hiring government workers to be a mandatory editorial staff for blogs and social media can get quite expensive. But if you parasitically leech off a profitable business practice it means that the surveillance state will turn a profit, which is a great asset and an even greater weakness for the system. You see, when that is what your surveillance state is predicated on you’ve effectively given your subjects an opt-out button. They stop using services that spy on them. There is software and online services that are called “open source,” which refers to software whose code is publicly available and can be viewed by anyone so that you can see exactly what that software does. The opposite of this, and what you’re likely already familiar with, is proprietary software. Open-source software generally markets itself as privacy respecting and doesn’t participate in data collection. Services like that can really undo the tricky situation we’ve found ourselves in. It’s a simple fact of life that when the government is given a power—whether that be to regulate, surveil, tax, or plunder—it is nigh impossible to wrestle it away from the state outside somehow disposing of the state entirely. This is why the issue of undoing mass surveillance is of the utmost importance. If the government has the power to spy on its populace, it will. There are people, like the creators of The Social Dilemma, who think that the solution to these privacy invasions isn’t less government but more government, arguing that data collection should be taxed to dissuade the practice or that regulation needs to be put into place to actively prevent abuses. This is silly to anyone who understands the effect regulations have and how the internet really works. You see, data collection is necessary. You can’t have email without some elements of data collection because it’s simply how the protocol functions. The issue is how that data is stored and used. A tax on data collection itself will simply become another cost of doing business. A large company like Google can afford to pay a tax. But a company like Proton Mail, a smaller, more privacy-respecting business, likely couldn’t. Proton Mail’s business model is based on paid subscriptions. If there were additional taxes imposed on them, it’s possible that they would not be able to afford the cost and would be forced out of the market. To reiterate, if one really cares about the destruction of the surveillance state, the first step is to personally make changes to how you interact with online services and to whom you choose to give your data.

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Stock Market Today: Stocks turn higher as Treasury yields retreat; big tech earnings up next

A pullback in Treasury yields has stocks moving higher Monday heading into a busy earnings week and a key 2-year bond auction later on Tuesday.

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Updated at 11:52 am EDT U.S. stocks turned higher Monday, heading into the busiest earnings week of the year on Wall Street, amid a pullback in Treasury bond yields that followed the first breach of 5% for 10-year notes since 2007. Investors, however, continue to track developments in Israel's war with Hamas, which launched its deadly attack from Gaza three weeks ago, as leaders around the region, and the wider world, work to contain the fighting and broker at least a form of cease-fire. Humanitarian aid is also making its way into Gaza, through the territory's border with Egypt, as officials continue to work for the release of more than 200 Israelis taken hostage by Hamas during the October 7 attack. Those diplomatic efforts eased some of the market's concern in overnight trading, but the lingering risk that regional adversaries such as Iran, or even Saudi Arabia, could be drawn into the conflict continues to blunt risk appetite. Still, the U.S. dollar index, which tracks the greenback against a basket of six global currencies and acts as the safe-haven benchmark in times of market turmoil, fell 0.37% in early New York trading 105.773, suggesting some modest moves into riskier assets. The Japanese yen, however, eased past the 150 mark in overnight dealing, a level that has some traders awaiting intervention from the Bank of Japan and which may have triggered small amounts of dollar sales and yen purchases. In the bond market, benchmark 10-year note yields breached the 5% mark in overnight trading, after briefly surpassing that level late last week for the first time since 2007, but were last seen trading at 4.867% ahead of $141 billion in 2-year, 5-year and 7-year note auctions later this week. Global oil prices were also lower, following two consecutive weekly gains that has take Brent crude, the global pricing benchmark, firmly past $90 a barrel amid supply disruption concerns tied to the middle east conflict. Brent contracts for December delivery were last seen $1.06 lower on the session at $91.07 per barrel while WTI futures contract for the same month fell $1.36 to $86.72 per barrel. Market volatility gauges were also active, with the CBOE Group's VIX index hitting a fresh seven-month high of $23.08 before easing to $20.18 later in the session. That level suggests traders are expecting ranges on the S&P 500 of around 1.26%, or 53 points, over the next month. A busy earnings week also indicates the likelihood of elevated trading volatility, with 158 S&P 500 companies reporting third quarter earnings over the next five days, including mega cap tech names such as Google parent Alphabet  (GOOGL) - Get Free Report, Microsoft  (MSFT) - Get Free Report, retail and cloud computing giant Amazon  (AMZN) - Get Free Report and Facebook owner Meta Platforms  (META) - Get Free Report. "It’s shaping up to be a big week for the market and it comes as the S&P 500 is testing a key level—the four-month low it set earlier this month," said Chris Larkin, managing director for trading and investing at E*TRADE from Morgan Stanley. "How the market responds to that test may hinge on sentiment, which often plays a larger-than-average role around this time of year," he added. "And right now, concerns about rising interest rates and geopolitical turmoil have the potential to exacerbate the market’s swings." Heading into the middle of the trading day on Wall Street, the S&P 500, which is down 8% from its early July peak, the highest of the year, was up 10 points, or 0.25%. The Dow Jones Industrial Average, which slumped into negative territory for the year last week, was marked 10 points lower while the Nasdaq, which fell 4.31% last week, was up 66 points, or 0.51%. In overseas markets, Europe's Stoxx 600 was marked 0.11% lower by the close of Frankfurt trading, with markets largely tracking U.S. stocks as well as the broader conflict in Israel. In Asia, a  slump in China stocks took the benchmark CSI 300 to a fresh 2019 low and pulled the region-wide MSCI ex-Japan 0.72% lower into the close of trading.
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iPhone Maker Foxconn Investigated By Chinese Authorities

Foxconn, the Taiwanese company that manufactures iPhones on behalf of Apple (AAPL), is being investigated by Chinese authorities, according to multiple…

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Foxconn, the Taiwanese company that manufactures iPhones on behalf of Apple (AAPL), is being investigated by Chinese authorities, according to multiple media reports. Foxconn’s business has been searched by Chinese authorities and China’s main tax authority has conducted inspections of Foxconn’s manufacturing operations in the Chinese provinces of Guangdong and Jiangsu. At the same time, China’s natural-resources department has begun onsite investigations into Foxconn’s land use in Henan and Hubei provinces within China. Foxconn has manufacturing facilities focused on Apple products in three of the Chinese provinces where authorities are carrying out searches. While headquartered in Taiwan, Foxconn has a huge manufacturing presence in China and is a large employer in the nation of 1.4 billion people. The investigations suggest that China is ramping up pressure on the company as Foxconn considers major investments in India, and as presidential elections approach in Taiwan. Foxconn founder Terry Gou said in August of this year that he intends to run for the Taiwanese presidency. He has resigned from the company’s board of directors but continues to hold a 12.5% stake in the company. Gou is currently in fourth place in the polls ahead of the election that is scheduled to be held in January 2024. The potential impact on Apple and its iPhone manufacturing comes amid rising political tensions between politicians in Washington, D.C. and Beijing. Apple’s stock has risen 16% over the last 12 months and currently trades at $172.88 U.S. per share.  

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