Matthew Cox

And so in order for them to be able to start getting...

nine figures worth of cash back to China, the Chinese had to get involved with trade-based money laundering.

And that's where it really started taking off because they said, okay, well, if the Mexicans are going to charge 10% or 12%, we're going to charge 6%.

So they're already undercutting coming in the front door.

I mean...

No, because here's the thing.

And now normally you would say, well, something's going to happen to this guy for undercutting all the other people.

But they need him for the precursors.

So he's essentially untouchable.

And so now it's a race to the bottom.

Who can lower their fees to keep up with the Chinese?

And so what they were doing is essentially what the Mexicans were doing.

But instead of buying goods from American vendors, they're buying it from the Chinese vendors.

So, you know, you go to any Walmart here in the United States and you're going to find a bunch of crap from China everywhere.

But that's how it is in Mexico.

So whether they were buying containers full of clothing, consumer goods, electronics, everything that was coming from China essentially now became a tool to surface capital through trade-based money laundering schemes.

All right.

Now, hold on a second.

Okay.

So from the 2000s up until the 2010s,