How ISIS Makes Its Millions
Most people think about ISIS as a modern type of plague, which destroys human lives, killing everyone on its path. Politicians have labeled this extremistic group as a terrorist organisation with a sole purpose to create a wide islamic state.
new york, NY, December 12, 2014 (Newswire.com) - While there are many indicators that such belief could be true, one could see this group in a whole new perspective, if observed from a different angle.
Although ISIS looks and acts like a terrorist group with well known behavioral patterns, already seen many times before at other extremist groups like Hamas, Al Shabaab and similar, there is however one big difference. ISIS has developed a new "business model", which allows it to be a self sustainable entity, rather than being dependant on rich donors that usually come from the 3rd world states.
This approach to financing is the main reason why ISIS is so dangerous, because a constant stream of cash flow that comes from several sources enables the group not only to finance its operations, but also to expand much
faster than the rest of the infamous crowd. ISIS funds itself through many channels and it's really good at it.
According to the research, made by an online financial blog BankSnatch, main revenue streams of the notorious group are oil smuggling operations, kidnapping and selling slaves. Before taking a closer look at these revenue streams, one can quickly compare some of these financing sources to those, used by non-extremist groups like the mafia and realizes that ISIS is more an organised crime syndicate than an extremist group.
With some exceptions like horrific beheadings, almost everything else points in that direction. First, ISIS scared off its competition, making it flee from the oil-rich territory. Then, ISIS took control over this territory and started exploiting its riches. Sources claim that ISIS makes over $3 million per day from oil smuggling alone, probably even more. When other revenue streams are added to this amount, one can easily see why ISIS is such a big threat.
However, one thing needs to be added here. One has to think about the American-led intervention. We should ask ourselves "Why did the US intervene so late?" The answer is clear. The US jumped into this war only after the US government realised that the US corporation owned Iraq's oil fields were taken by the ISIS. It's not the misery of Iraqi people that led the intervention, it's the US corporate greed that activated the US army. So, who is the real villain here? Food for thoughts.
By knowing about these operations and comparing them with mafia, something becomes very clear. ISIS is not a terrorist organisation like others, it's the most powerful crime syndicate in the world, ruthless, self sustainable criminal organisation with deep roots and without any law enforcement. By combining its money making operations with highly effective competition-sweeping tactics, ISIS is rapidly expanding, becoming the second largest threat to the world's peace after the 2nd world war. But the largest threat, even greater than ISIS is - the corporate greed of US companies that started this war and the war before it.