Matthew Cox

That same year in 2022, capital flight from China was over $900 billion.

So what you have are wealthy Chinese individuals who want to purchase American dollars.

They can't move money beyond $50,000 out of the country.

So what do they need?

They need somebody in the United States who has access to dollars.

Well, who's got cash?

The Mexicans.

So for the first time, there was a marriage between Chinese citizens who aren't criminals.

These are just wealthy individuals that want capital.

Well, the thing is, they don't know.

They're not being told you're buying Mexican cartel drug money.

They're just saying, hey, we've got a pool of capital.

Hey, Chad, we've got money in the United States.

Would you like to buy some?

Sure, I'll take that money.

And so what you've got is a marriage of convenience where all of the Mexican drug capital that's coming to Los Angeles, tens of billions a year, can't satisfy 3% of the demand out of China.

So for the first time, you've got a ready-made institution where they're saying, we'll take all of your dollars.

We'll pay a premium for your dollars.

And that's one of the operations that was recently taken down in Los Angeles where Operation Front Runner, where this individual, this Chinese guy, and this Mexican national.

Well, they're driving through the port of entry.