Illegal Tender podcast: The United States of Opioids

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This is part 1 of Yahoo Finance’s Illegal Tender podcast about the big business behind opioids in the United States. Listen to the series here.

Opioids have hit the U.S. hard over the last decade. In 2007, 18,515 Americans died from an opioid overdose. That number skyrocketed to 47,600 in 2017.

The crisis is also hammering the country on a financial level. Between 2015 and 2019, the estimated cost to the U.S. economy from illicit use of opioids is projected to top over $800 billion. This is due to numerous factors, including lost productivity, health care costs, and premature mortality.

Ben Westhoff, an investigative journalist who wrote “Fentanyl Inc: How Rogue Chemists Are Creating the Deadliest Wave of the Opioid Epidemic,” explained that the American overdose crisis took place in three waves.

“We had prescription pills like Oxycontin,” he said. “That was the first wave of the opioid epidemic. Then people, when their prescriptions ran out, turned to street heroin, which was the second wave of the opioid epidemic. And now fentanyl is the third and it's the most deadly. It's hard to find pure heroin at all these days. And a lot of places, so much of it is cut with fentanyl and it's killing now more Americans than any other drug in history.”

Fentanyl deaths have spiked over recent years. (Graphic: David Foster/Yahoo Finance)
Fentanyl deaths have spiked over recent years. (Graphic: David Foster/Yahoo Finance)

Illegal Tender by Yahoo Finance is a podcast that goes inside mysteries in the business world. Listen to all of season three: The United States of Opioids: Behind a uniquely American crisis

Andrew Burki, who has been in recovery for 18 years, experienced the first two waves firsthand.

“What happened is when I was probably like 13... I broke my collarbone and was prescribed opioids,” he told Illegal Tender. “There's a misconception about who develops substance use disorder and that it's exclusively kids that are coming from broken families and that's actually not the case. And that wasn't the case for myself and that actually wasn't the case for my wife who’s also in long-term recovery.”

Eventually, Burki became addicted to heroin. He overdosed five days after he turned 17. Wrestling over the best approach to treat their son, Burki’s parents sent him away to get treatment in Western Samoa. Burki described it as “essentially a child prison camp.”

“The person at the hospital was just like ‘this is where you should send this kid,’” he explained. “And it was insane. I'm a person who has experienced incarceration as a result of my substance use disorder as well. I will say that Samoa was significantly worse than being incarcerated in the U.S. It was literally, we were getting like beaten, locked in wooden boxes.”