Article

2020-02-16 Economy

China Has ‘Global Chokehold' on Medicine, Can Shut Down Our Pharmacies, Hospitals in Months

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Posted by Besoeker 2020-02-16 06:49|| || Front Page|| [4 views ] Top

#1 Alternate heading "Why Economics are bullsh*t"

Posted by g(r)omgoru 2020-02-16 06:57|| 2020-02-16 06:57|| Front Page Top

#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|| 2020-02-16 07:28|| Front Page Top

#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|| 2020-02-16 07:58|| Front Page Top

#4 Pharmaceutical industry in Puerto Rico

Posted by Frank G 2020-02-16 08:27|| 2020-02-16 08:27|| Front Page Top

#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|| 2020-02-16 12:29|| Front Page Top

#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|| 2020-02-16 15:22|| Front Page Top

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