117 - Equipping Your Insurgency: A Guide to the Small Arms Market

Delving into the shadowy realm of the small arms trade, we unravel a web of clandestine dealings and backroom deals that span the entire globe, arming insurgents, equipping terrorists, and bolstering criminal networks, thus creating some of the world's most volatile regions. As these weapons cross borders, both through legal and illegal means, their paths become increasingly complicated, yet the underlying fundamentals beneath the trade remain stubbornly rigid. In this deep dive, we seek to unpack the trends that drive the industry, identify which markets are currently hotbeds of small arms sales, and explore the nuanced dynamics that completely change the procurement patterns of cartels or regional insurgency groups. We unpack a hypothetical scenario of a theoretical insurgency group