The coronavirus outbreak has exposed the United States’ dangerous dependence on China for pharmaceutical and medical supplies, including an estimated 97 percent of all antibiotics and 80 percent of the active pharmaceutical ingredients needed to produce drugs in the United States.
The economic repercussions of the coronavirus reveal the dangers of allowing one country to have a near monopoly on global manufacturing, David Dayen explains in an article at the American Prospect:
About 40 percent of generic drugs sold in the U.S. have only a single manufacturer. A significant supply chain disruption could cause shortages for some of many of these products.
Last year, manufacturing of intermediate or finished goods in China, as well as pharmaceutical source material, accounted for 95 percent of U.S. imports of ibuprofen, 91 percent of U.S. imports of hydrocortisone, 70 percent of U.S. imports of acetaminophen, 40 to 45 percent of U.S. imports of penicillin, and 40 percent of U.S. imports of heparin, according to the Commerce Department. In total, 80 percent of the U.S. supply of antibiotics are made in China.
While much of the fill finishing work (the actual formulation of finished drug capsules and tablets) is done outside China (and often in India) the starting and intermediate chemicals are often sourced in China. Moreover, the U.S. generic drug industry can no longer produce certain critical medicines such as penicillin and doxycycline without these chemical components.
While China is ground zero for this epidemic, Japan is now experiencing a bloom of coronavirus cases. With nearly 40 known people now infected, Japanese officials fear that a ‘silent outbreak’ is underway and that many more people are catching and spreading the disease. Most of the new cases are of people with no connection to China, signaling that the virus has now gained a foothold in the local population. In other breaking news, not only does it seem that it’s possible to contract the virus more than once, but if you do, the second time can be far deadlier. Chris dives deep into the science of the how covid-19 attacks your cells (through the ACE2 receptors) and can ultimately lead not only to pneumonia, but heart failure. As we keep repeating: this is one virus you do NOT want to catch, if at all possible.
Now… READ Chris’ other free reports on the coronavirus: 1) How to protect yourself & your family from covid-19: https://www.peakprosperity.com/corona… 2) How the coronavirus is going to cause a painful downdraft in the stock market: https://www.peakprosperity.com/blackswan
Mike Bloomberg is the world’s ninth richest person. An oligarch known for strong racism and insulting sexism who once was the Republican mayor of New York City. He since decided that he wants to become president.
As he saw no chance to run for a Republican party that is happy with Trump he filed to run as a Democratic candidate. Bloomberg has since bought the Democratic Party in every state as well as the DNC:
The DNC told Mike Gravel they wouldn’t change the debate rules for any candidate. “That’s our #1 rule – we can’t change the rules for anybody.”A few months later, they changed the debate rules to let oligarch Bloomberg into the debates… after he gave the DNC $300K.
His political tactic is very simple. He does not talk about issues, as people would not like what he has to say, but simply spends tons of money:
Supurb analysis of results from New Hampshire “Debate” . . . .
Episode 4: Sanders Marches on while ‘Wizard of Oz’ . . . .
Today on TruNews we discuss the Biblical implications of the world being ravaged by a potentially man-made bioweapon, a quarter trillion locust swarm, global economic depression, and a new mini ice age. Rick Wiles, Edward Szall, Doc Burkhart. Airdate 02/11/20
Video lays out the plan for introducing another article of impeachment to occur after the Dems “Super Tuesday” voting.
For show notes, visit https://bongino.com/ep-1174-the-great… In this episode, [Dan Bongino] address[es] President Trump’s incredible State of the Union address . . . and the real genius behind many of the memorable moments. [Bongino] also address[es] the continued meltdown of the Democrat Party after the Iowa Caucus and the problems they’ll have moving forward.
What would you say about legislation requiring the government to use tax money to transport convicted criminal illegal aliens who’d already been deported back to the United States, calling it the “right to come home”?
What if that bill also created a situation in which a known Mexican drug cartel leader could be released from prison, enter the United States “illegally,” and it would no longer be a crime? Such radical and self-destructive legislation has already been proposed.
It’s called the New Way Forward Act (H.R. 5383), and it goes way beyond Hillary Clinton’s 2013 call for a “hemispheric common market” with “open borders,” according to commentator Tucker Carlson. In fact, it would be the coup de grâce to our already balkanized country, reflecting a radical new Democratic Party that views our nation as “a rogue state, in which everything must be destroyed and remade: our laws, our institutions, our freedoms, our history and our values,” as Carlson put it on last night’s edition of his Fox News show.