Topic: Shadow Banking

Twitter has filed registration paperwork with FinCEN to pave the way for processing payments, signaling Elon Musk's intent to turn the platform into an "everything app" similar to China's WeChat. Musk envisions Twitter functioning like a money market account where users can earn interest. In response, Senator Sherrod Brown has introduced legislation to close "shadow banking" loopholes.

The UN Office on Drugs and Crime reports that illegal drug money provided essential liquidity for interbank loans during the financial crisis. This supports a theory that the war in Afghanistan is primarily motivated by the $320 billion global drug trade.