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| Economy |
| China Has ‘Global Chokehold' on Medicine, Can Shut Down Our Pharmacies, Hospitals in Months |
| 2020-02-16 |
| [Breitbart] China could effectively shut down America’s healthcare system within months given the one-party state’s "global chokehold" on the manufacturing of medicines and medical supplies, explained Rosemary Gibson, author of China Rx: Exposing the Risks of America’s Dependence on China for Medicine. Gibson, senior adviser at the Hastings Center, offered her remarks on Thursday’s edition of SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host Ed Martin. Mansour noted how the coronavirus outbreak in China has exposed America’s dangerous dependence on Chinese production of pharmaceutical and medical supplies, including an estimated 97 percent of all antibiotics and 80 percent of the active pharmaceutical ingredients needed for domestic drug production. Gibson said, "If China shuts the door on exports of medicines and the ingredients to make them, within a couple of months our pharmacies would be empty. Our healthcare system would cease to function. That’s how dependent we are." |
| Posted by:Besoeker |
| #6 Years ago I was surprised when I noticed that the 55-gal drum of food additive, sodium ascorbate (Vitamin C) IIRC, was 'Made In China'. To be added to every gallon of milk pasteurized ... yummy. |
| Posted by: magpie 2020-02-16 15:22 |
| #5 Seems like the standard globalization play: 1) Let's make it over there! It's cheaper 2) Yay, it's cheaper... but now we are vulnerable to our single source. Oh noes! 3) New sellers enter the market, local production begins -> more resilience. Yay! |
| Posted by: SteveS 2020-02-16 12:29 |
| #4 Pharmaceutical industry in Puerto Rico |
| Posted by: Frank G 2020-02-16 08:27 |
| #3 I've been on Losartan for 15 years. It has become hard to get due to a carcinogenic impurity in one of the ingredients. It comes from India not China. The solution that the FDA came up with is to let the tainted medications thru. Your gummint at work. |
| Posted by: M. Murcek 2020-02-16 07:58 |
| #2 "If China shuts the door on exports of medicines and the ingredients to make them, within a couple of months our pharmacies would be empty. Our healthcare system would cease to function. That’s how dependent we are." And the moment that happens, business returns to America. It's not like a production base hasn't existed elsewhere. |
| Posted by: Procopius2k 2020-02-16 07:28 |
| #1 Alternate heading "Why Economics are bullsh*t" |
| Posted by: g(r)omgoru 2020-02-16 06:57 |