"Were it possible, indeed, for one great company of merchants to possess themselves of the whole crop of an extensive country, it might perhaps be their interest to deal with it, as the Dutch are said to do with the spiceries of the Moluccas, to destroy or throw away a considerable part of it, in order to keep up the price of the rest."
7:12 wtf dude. that's kind of messed up. subliminal messaging throughout your entire videos in background about jesus. especially obvious at end. disgusting. unsubbed.
The reason of shortege is 10.000$ !!! as Adam Smith said in The Wealth of Nations, everytime businessman talk they colude! – The reason for the anti-monopole and anti-trust laws, those are required for the system to avoid destruction by greed
haha yes US that's you, you are so humane and care about human lifes *not*. Ethics is just a fassade nowadays that is weaponized at countries you don't like.
It will only get worse for Americans, because most of them are like this guy. They believe in fairy tales about capitalism and the free market. America has only ever had capitalism and it has always been riven with massive contradictions and problems, which for most of its history was inflicted on groups like American blacks and other ethnic and racial minorities or on the entire populations of other countries. Now that the problems are coming home people like this Inside China Business guy are angry and don't understand why America's system isn't working the way "it's supposed to" and they want to blame the government or bureaucrats or China. This guy is desperate to see the US force China into some kind of permanent relative poverty and subordinate role to the US, but he is frustrated because he sees the US constantly confounded in it's aims.
Americans wanted and still want neoliberalism. They are getting what they deserve.
To be fair there has been quality issues with producers in India that can’t be overlooked but if you analyzes drugs at the receiving country that would not be a problem. It is also a question of patents, in Sweden a drug called Olanzapine was imported at $10 per box but since the pharmacies in Sweden bought the companies other products cheaper from other producers they threatened with not delivering other important drugs at all. So the phamacies had to sell it at full price $100 per box. But another thing should be noted about the US market: while ObamaCare was a benign thing it ended in a system that has put up the prices tremendously.
Hey, this channel @Kevin blocks me from making more than two posts and, like the CCP, blocks any anti-CCP comment that I make. So these are the CCP policies that you must support which block me from posting proper counter facts and counter arguments. Good luck living in your CCP bubble…
I agree with the experts who say that at least 80% of all drugs consumed in the US are totally useless ! How about forcing the food industry to stop poisoning the people in the first place ? Listen to RFK ! PLEASE !
Well, our system will not step up to address this issue. I wonder what it would take for the system to change in the US citizens' favor. Hmmm. I know, and it's not pretty.
Most pharmaceutical drugs are useless if not harmful, especially the cancer drugs, so what’s the problem? The treatments are pain causing and ineffective, but very profitable, which of course is the point of the drug industry. As the criminologists say follow the money.
USA is a capitalist country though. It invariably results in people-hostile monopolies; unethical IP protection systems; and profit, rent seeking uber alles. The capitalist class hold the largest political influence and effectively run this country. Been the case for decades, centuries and especially so for the past few decades resulting in a uniparty of capitalists and a military security state blob.
Markets have existed well before capitalism. How “free”a market is depends on whichever master run them and for whom it serves.
I'm in pharma business, you certainly did the homework. The recent biosecurity act and inflation reduction act will only exacerbate the current situation even more.
Just want to let you know, traditional Chinese medicine can cure most of the diseases known to humans. That's why back in the early 20th century, the American elite family Rockefeller said and I paraphrase " In order for the new synthetic drugs to thrive, we must do everything in our power to change the views of the populace and use science as a basis to destroy traditional Oriental medicines. "
It's important to remember that capitalism and free markets are not the same thing. In fact, capitalism is opposed to free markets, as they are not as profitable. Whether it is by regulatory capture, monopolisation, strategic differentiation, or enshittification, capitalism always destroys free markets in search of higher profits.
What is the point of celebrating democracy like there's no tomoror when the people's welfare are getting worse? But illiterate Americans will go on to elect Trump inorder to challenge China
The USA is a badly failed experiment. You'd have to be a fool to want to live in a capitalist-democracy based country. They sound great, but within several decades of their establishment they rapidly morph to rubbish.
Well for the ones who wonder about the lack of understanding of karma or the csuse and effect consequences, How can a mind set used to believe in short termism and moving onto the next project in a selfish way understand these principles. The long yerm consequences whether it is climate , gene level epigenetcs with long term behaviours or chronic illnesses with bad habits, or educational rewards that happen over dacades see these. Good luck.
The drug companies do nott want their profits cut by the conpetition from cheap drugs. They are collaborating with insurance companies. As they all lobby the congress, you can forget about making cheap generics at home or easing importation laws. It is the law of the jungle out there. When your own representatives say sweet nothings to you and protect the interests of the sharks who can eat you up, what hope you have when ill?
47 comments
"Were it possible, indeed, for one great company of merchants to possess themselves of the whole crop of an extensive country, it might perhaps be their interest to deal with it, as the Dutch are said to do with the spiceries of the Moluccas, to destroy or throw away a considerable part of it, in order to keep up the price of the rest."
7:12 wtf dude. that's kind of messed up.
subliminal messaging throughout your entire videos in background about jesus. especially obvious at end.
disgusting. unsubbed.
The reason of shortege is 10.000$ !!! as Adam Smith said in The Wealth of Nations, everytime businessman talk they colude! – The reason for the anti-monopole and anti-trust laws, those are required for the system to avoid destruction by greed
👍🏼🙂
The other drugs in short supply here in the U.S. are the weight loss/type-2 diabetes controllers like Ozempic, Wegovy and Mounjaro.
The system is broken, same happens in Europe. Disgusting. China has it's own flaws but under many aspects looks emerging this ocean of manure.
haha yes US that's you, you are so humane and care about human lifes *not*. Ethics is just a fassade nowadays that is weaponized at countries you don't like.
America is a third world country with a money printer
US is so f%cked
It will only get worse for Americans, because most of them are like this guy. They believe in fairy tales about capitalism and the free market. America has only ever had capitalism and it has always been riven with massive contradictions and problems, which for most of its history was inflicted on groups like American blacks and other ethnic and racial minorities or on the entire populations of other countries. Now that the problems are coming home people like this Inside China Business guy are angry and don't understand why America's system isn't working the way "it's supposed to" and they want to blame the government or bureaucrats or China. This guy is desperate to see the US force China into some kind of permanent relative poverty and subordinate role to the US, but he is frustrated because he sees the US constantly confounded in it's aims.
Americans wanted and still want neoliberalism. They are getting what they deserve.
To be fair there has been quality issues with producers in India that can’t be overlooked but if you analyzes drugs at the receiving country that would not be a problem. It is also a question of patents, in Sweden a drug called Olanzapine was imported at $10 per box but since the pharmacies in Sweden bought the companies other products cheaper from other producers they threatened with not delivering other important drugs at all. So the phamacies had to sell it at full price $100 per box. But another thing should be noted about the US market: while ObamaCare was a benign thing it ended in a system that has put up the prices tremendously.
Hey, this channel @Kevin blocks me from making more than two posts and, like the CCP, blocks any anti-CCP comment that I make. So these are the CCP policies that you must support which block me from posting proper counter facts and counter arguments. Good luck living in your CCP bubble…
I agree with the experts who say that at least 80% of all drugs consumed in the US are totally useless ! How about forcing the food industry to stop poisoning the people in the first place ? Listen to RFK ! PLEASE !
Predator capitalism, the monster hidden under its ideological cover of (neocon) liberal democracy.
Well, our system will not step up to address this issue. I wonder what it would take for the system to change in the US citizens' favor. Hmmm. I know, and it's not pretty.
Daily Communist Oswald reading his manifesto 🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳
It is not just the US. Similar problems have arisen across the EU in the past decade or so and are getting increasingly urgent.
Which is precisely what the European Medicines Agency (EMA) located in Amsterdam was supposed to prevent.
Stellar job Eurocrats!
Welcome to Republican America. Land of the Free to profit off human illness and death.
The freedom to pay more for less, truly exceptional
Most pharmaceutical drugs are useless if not harmful, especially the cancer drugs, so what’s the problem? The treatments are pain causing and ineffective, but very profitable, which of course is the point of the drug industry. As the criminologists say follow the money.
Great content
American capitals sucks 😢
Well, the Asian or other countries can send the medicine by courier service to USA, can't they?
The profit motive must be removed from the Healthcare industry
USA is a capitalist country though. It invariably results in people-hostile monopolies; unethical IP protection systems; and profit, rent seeking uber alles. The capitalist class hold the largest political influence and effectively run this country. Been the case for decades, centuries and especially so for the past few decades resulting in a uniparty of capitalists and a military security state blob.
Markets have existed well before capitalism. How “free”a market is depends on whichever master run them and for whom it serves.
The American citizens are the ones who suffer
"Sorry about your cancer though " 😂😅 classic
I'm in pharma business, you certainly did the homework. The recent biosecurity act and inflation reduction act will only exacerbate the current situation even more.
This definitely hits the spot for the cord issues.
Oiy vey!
Its funny that these neocons say everything in china is fake. Yeah well everything in america is a SCAM!
Just want to let you know, traditional Chinese medicine can cure most of the diseases known to humans. That's why back in the early 20th century, the American elite family Rockefeller said and I paraphrase " In order for the new synthetic drugs to thrive, we must do everything in our power to change the views of the populace and use science as a basis to destroy traditional Oriental medicines. "
The USA is a democratic country and that is much more important than autocratic China
Most of the drugs weren't doing much except poisoning people. They won't be missed.
It’s going to be interesting to see how muck red tape and stonewalling Mark Cuban is going to have thrown at him by big Pharma and the FDA
Export them under supplements and they'll not be subject to stringent checks. 😂😂
Same in Aust , markup profits are 1000 of % with distribution channels controlled and monitored by regulators 👹
Truth
It's important to remember that capitalism and free markets are not the same thing. In fact, capitalism is opposed to free markets, as they are not as profitable. Whether it is by regulatory capture, monopolisation, strategic differentiation, or enshittification, capitalism always destroys free markets in search of higher profits.
What is the point of celebrating democracy like there's no tomoror when the people's welfare are getting worse? But illiterate Americans will go on to elect Trump inorder to challenge China
not a free market economy in the U.S., but a oligarchic, monopolistic, cartelistic economy.
corporate america is all about MONEY!
The USA is a badly failed experiment. You'd have to be a fool to want to live in a capitalist-democracy based country. They sound great, but within several decades of their establishment they rapidly morph to rubbish.
Well for the ones who wonder about the lack of understanding of karma or the csuse and effect consequences, How can a mind set used to believe in short termism and moving onto the next project in a selfish way understand these principles. The long yerm consequences whether it is climate , gene level epigenetcs with long term behaviours or chronic illnesses with bad habits, or educational rewards that happen over dacades see these. Good luck.
The drug companies do nott want their profits cut by the conpetition from cheap drugs. They are collaborating with insurance companies. As they all lobby the congress, you can forget about making cheap generics at home or easing importation laws. It is the law of the jungle out there. When your own representatives say sweet nothings to you and protect the interests of the sharks who can eat you up, what hope you have when ill?
Goodstuff! They're blocking supply in order to make more $$? Basically, they're preying on the domestic minions 🤦♀🤦♀🤪🤪
Razor sharp facts. Best channel on YT.