Consultant links global financial crisis to cocaine

A LEADING consultant in emergency medicine has linked the international financial crisis to cocaine, claiming Wall Street “got off its head” on the drug.

Dr Chris Luke, an A&E specialist based at Cork University Hospital, Cork, said he believed the drug led prominent figures in financial and political circles to make irrational decisions as a result of megalomania brought on by cocaine usage.

“In financial centres and political centres the rampant use of cocaine lead to a kind of megalomania — a sense of master of the universe — which lead to what economists call irrational exuberance. People were making insane decisions and thinking they were 110% right, they could not be persuaded from that, which lead to the current chaos,” Dr Luke said.