This is the way they can sway public opinion towards hatred, instead of cooperation, a conscious choice politicians made for their donors benefit, no their constituents.
Chinese pharmaceutical companies can sell a more higher price of their goods but they didn't do it , it shows the Chinese pharma companies are have good moral ethic and humanistic then then west .
That's what you can only say. Go to China and see for yourself how much and how far China has progressed as compared to the West. Don't live like a frog in a deep well.
Never ever explain business by using morals or ethics. 1. Those things can not be measured, so can not be monitored or compared. 2. It is dangerous to use them in real business due to the previous reason. And if a business starts to use morals and ethics, the company has to keep using them like drugs. Google used to use them at the beginning. Huawei used them at some stage. And that was when I started to dislike those companies.
American companies don't have any long term planning but rely on short term profits. Its all tied up to executive compensation and pandering to the share prices due to stock options.
Unlike US government, the Chinese government has an entire department of medical professionals and industry experts for the sole purpose of negotiating price on public purchases. Yes, they will be buying drugs from western companies, but no, these purchases will not be the same price that US insurance companies bill.
American corporations work for their stockholders, Chinese companies are SOEs, State Owned Companies. They work for the state and by extension, it's citizens.
That's why xhina needs the CPC to act as the referee to protect its population. US there's no referee ie government that cares for its people ither yhan the top 1%
My political and ideological course teacher told us that part of the reason for China's development can be explained to you. In the 1980s, the elite on Wall Street considered that if the U.S. military force could not protect the hegemony of the United States dollar in the world, it would choose a more acceptable way for people around the world to let China develop industrialization and produce more goods for the circulation of dollars around the world to ensure that the United States could carry out high profit industries and give up low profit industries, so most of the work was transferred to China, Japan, India, Mexico, Türkiye, the United States could go to the world to buy goods by printing a piece of paper from a money printing factory, and they would not have to produce in their own countries. But the reason why China has thousands of years of political and military experience is unlikely to become a banana republic
Our response, more Congressional hearings with the deliverable of a 1500 page report that in the end none of the recommendations in the report will be implemented.
As an American citizen, my view of what sickens America as a nation is the capitalist exorbitant profit for everything mentality by cooperations! Fleecing its citizens to a breaking point! Many Americans are taking a multitude of medication to deal with their stressful high cost life resulting from that, at my work place absentee from sickness is mind boggling and I know for a fact our medical system encourages that, many of my colleagues are on metabolic illness and depression/anxiety med. Nevermind our food system generates obese and diabetic citizens! Just FIX it with obesity and diabetes drugs, the sicker the nation, the more profits for our medical system! Quite a vicious cycle. The American dream is still real if you come here, but you're not a true American until you become zombies like to our SYSTEMS😢😢😢
Go to any convenience store in China and you will find the price of goods are pretty much on par with supermarket prices. Do the same thing in the west and you'll find prices in convenient stores are way higher than the supermarket. No judgements here, just an observation as I visit China often.
Your final question goes to the heart of the matter. The West and its ruling financial class look to maximize monopoly rents. It relies on the low costs - and sense of fairness - in China to enable them to succeed as asset stripping jackals.
I am not a native speaker, I clicked the video because I saw drugmakers and I am very disappointed with what I heard versus what I expected. However, it is a good video, and thank you for collecting and presenting those data.
Kevin's insights are really deep and thoughtful. He uses data to back them up. It's a pity that most people are more interesting in some entertainment videos nowadays. But believe me that Kevin's followers are more solid as they are all thoughtful, smart and hard working people who is willing to learn more. Like your channel very much.❤
A friend of mine when to the doctor for some pain relieve medication because of the swelling from gout. It costs him $60 per pill. The pharma. sells its medications 10 to 15 times more to its own fellow Americans than to foreign countries.
I have gout now at knee hurt so bad swollen for 1 month now. Is there alternative pain meds or treat gout faster? I can't walk go buy anything now nor hospital
@@ShauhuaGu Yes. You get GOUT because there is too much uric acid in the body. You may be eating too much meat and even worse are soda and soft drinks. So you need to drink a lot of water to flush out the uric acid from your body through urination. I mean gallons of water. The more you drink the faster you recover. Also, you need to fast (not eat) because almost everything you eat has some uric acid in it. Therefore, a combination of drinking a lot of water and fasting will do the trick. Take some Tylenols can really help too. Read the directions as too how much you can take per day. As with any medication, taking too much will harm you rather than cure you. You will feel a lot better in a day or two BUT it will take about a week to where you can walk with a little limping. After two weeks, you should be back to somewhat normal. I'm speaking from my own experience. It gets to the point where putting a blanket on my big toe creates pain. It swells up and very sensitive to touching. You can read more about it at www.mayoclinic.org or www.webmd.com for medical background on it. Let me know if it helps.
@@ShauhuaGu You get gout because you have too much uric acid in your body. This uric acid comes from the foods you eat, especially meat, soda and soft-drinks. This uric acid in turn will crystallize around your joints and cause them to swell up and give you a lot of pain. So in order for you to reduce this uric acid intake, you need to eat as little as possible or fast as much as you can and drink a lot of water to flush it out of your body through urination. I drank so much water that i used to go every 30 minutes or so. Within a day or two, your pain should reduced. You should feel minor pain within a week and recover in about two weeks.
@@sinnieleeonUtube thank thank for yr kindness take time help other me. Yes I eat little even fasting for 10 days now add together 20 days, drink lot water, drink some lemon juice n appleciding veneger, eat little meat of course no seafood at all nor sweet drink soda nor beer. May be my mistake drank 2 coconut juice in paper bottle probably lot sugar too not as much as in plastic bottle or soda due too hungry n pain to cook n eat. Still last 1 month straight now usually only 2 week most then few days not pain then back 1 week pain again then all gone for over 3 years after I eat seafood few time a year thought just seashell but fried fish too plus I drink soda n fried chicken 3 time a year probably they fried same oil with fried fish too. Im tire eat too clean n my own food all time n im mostly vegan too over 35 years. That help me look young healthy even im 62 now. Yes I will follow yr advice to heart now see help reduce pain at my 1 knee. So straight my gout not same spot it happen all different spot, toe ankle back feet one foot to other now at my knee first time n last like 5 week now. It seem half as bad now still I can't walk yet. Thank again.
@@ShauhuaGu Taking Tylenols can help a little but you MUST strictly follow the direction as to how much you can take per day and for how long. Taking too much can harm you rather than cure you.
Why make when you can buy and re-sell at a profit ? This is human nature. Even Chinese companies were happy to buy US chips and re-sell them in products until the US cut-off the supply of Chips. Suddenly everyone in China agrees its better to make than to buy. Human nature is incredible, but that's what makes us human. Otherwise, we would just be algorithms. Also, that's why National leadership is so important -- to make the correct, long-term decisions.
That's why the u.s. made it possible for the Chinese to make the chips themselves, the Chinese are a protected market by the u.s. to make it all by themselves, it's not Switzerland, it's not Canada, it's has a market bigger than USA, the market demand will determine.
Its not similar thing...😅 US ban Chn from hi-end chips that Chn couldnt made yet(only for cripple Chn tech), but US drug farmacy able to make, but didnt want to produce on homeland, its all bout non profitable matter...😵
It's simply amazing that our leaders here in the US have just let our entire industrial base, to include nearly every critical item we need on a day to day basis, lay off their American citizen workforce, and move their entire manufacturing operations off shore, leaving us in a situation that if we were to become a pariah state (which is becoming a very real possibility) and no one wants to deal with us, we are just out ! And that's not saying anything about the economical effects ! We have absolutely no security here in the US anymore. It does no good to have the ability to produce weaponry if you don't have the resources and the supplies that these weapons require to be produced !
China factories had backup power generators since 1990s, because the electricity is not sufficient at that time😅. The generators become common facilities to provide non-stop productions although the electricity is sufficient enough, and China can sell electricity to Vietnam.
Everything you mentioned can be easily solved by adopting some socialism. First, do not depend on JIT: stock a few months worth of supplies inventory in case of supply shortages. Second, implement a cost plus model for drug pricing, allowing drug companies to recoup all their costs based on volume and time.
Kevin is the reason you video your show in a different location each time is your desire to remain safe and not get EPSTEIN’D. Keep exposing the criminals and stay safe. Awesome content to everyone of your podcasts.
The point is, ladies and gentleman, that greed -- for lack of a better word -- is good. Greed is right. Greed works. Greed clarifies, cuts through,and captures the essence of the evolutionary spirit.
There is a problem with our FDA's rigid requirements that many drugs or medical related products manufacturers find them more practical to just importing them from overseas.
Single Points of Failure….. a known (if not fundamental) risk in supply chains. Why are these known and identified risks not being: a. Managed, b. Mitigated😮
I see tremendous societal upheaval ahead for people in the US who don't recognize calamity after calamity in the making and can't get their politicians to do anything about it. The rising tide didn't lift all ships as we were promised, instead there was a simple redistribution of the one ocean, where we all start back near square one and try again ... or we give in the learned helplessness.
It might be a good idea to have the young elderly work drug factories since we are already getting ss and pension. we can work a few days a week . It may sound crazy but it would be to our benefit. Especially for the very young and the elderly because when we are ill It can be fatal.
It wouldn't work, I think? I mean, the Chinese government like their population. They wouldn't sell drug so out of reach of ordinary people. They wouldn't let them force fed their drug to the patients nor would they let the drug companies have so much control in healthcare of their country. When you're operating in China, pretty sure you'll be subjected to series of laws that basically restrict your ability to make so much money out of the population pocket.
There is not enough ponzinomic value to build an IV factory in Merica. Neoliberal dogma that guides all of Merica's policies don't allow profit too serve the public goods alone.... it must enrich a Merican oligarch for the project to continue..... the public good is not a priority in Merica's neo-liberal order
US can subsidise its industries that it deems critical. There is little point in posing auch vulnerabilitea as a China problem and being hostile and beligerent
Now what you are telling us is - the highest cost medical system in the world is almost totally dependent on folks we don't control and have the best relations with. Again, that appears to be serious failing by our oh so powerful political government run by dumbasses we elect to serve us. Or, am I missing something? Thanks for the input. Oh - it appears to me 'we are already in trouble' why wait to call the game?
@@cb250nighthawk3US only dream for produce most powerful weapons for selling all over the world, then buy cheap drugs from India &Chn (its just tiny money from weapons profit). Definitely so win for US....😂
When you are hostile to someone, then you are afraid that someone may treat you the same.
👌👌👌👌👍👍👍👍👍👍🙌🙌🙌🙌😍😍😍😍
This is the way they can sway public opinion towards hatred, instead of cooperation, a conscious choice politicians made for their donors benefit, no their constituents.
Chinese pharmaceutical companies can sell a more higher price of their goods but they didn't do it , it shows the Chinese pharma companies are have good moral ethic and humanistic then then west .
Maybe there is more life than maximizing profits???
Who woulda thought haha
Yeah CPC would probably clampdown so why even bother. Which is a good thing.
That's what you can only say. Go to China and see for yourself how much and how far China has progressed as compared to the West. Don't live like a frog in a deep well.
Never ever explain business by using morals or ethics. 1. Those things can not be measured, so can not be monitored or compared. 2. It is dangerous to use them in real business due to the previous reason. And if a business starts to use morals and ethics, the company has to keep using them like drugs. Google used to use them at the beginning. Huawei used them at some stage. And that was when I started to dislike those companies.
A traditional Chinese wisdom is that: don’t try to earn the last coin, even you can.
American companies don't have any long term planning but rely on short term profits. Its all tied up to executive compensation and pandering to the share prices due to stock options.
Never saw China used anything as leverage if she was not treated unfairly by the US in the first place.
Don't call for it. It's coming sooner than you thought.
💯🎯👏👏🙏🙏
Unlike US government, the Chinese government has an entire department of medical professionals and industry experts for the sole purpose of negotiating price on public purchases.
Yes, they will be buying drugs from western companies, but no, these purchases will not be the same price that US insurance companies bill.
American corporations work for their stockholders, Chinese companies are SOEs, State Owned Companies. They work for the state and by extension, it's citizens.
I trust the Chinese a lot more than American ceos lol
Personally I prefer the unpalatable truth versus sugarcoated lies so here is another new subscriber. Thank you .
Another insight that is not widely covered.
That's why xhina needs the CPC to act as the referee to protect its population. US there's no referee ie government that cares for its people ither yhan the top 1%
yes, legalized corruption via political 'donations'. US democracy has been destroyed.
My political and ideological course teacher told us that part of the reason for China's development can be explained to you. In the 1980s, the elite on Wall Street considered that if the U.S. military force could not protect the hegemony of the United States dollar in the world, it would choose a more acceptable way for people around the world to let China develop industrialization and produce more goods for the circulation of dollars around the world to ensure that the United States could carry out high profit industries and give up low profit industries, so most of the work was transferred to China, Japan, India, Mexico, Türkiye, the United States could go to the world to buy goods by printing a piece of paper from a money printing factory, and they would not have to produce in their own countries. But the reason why China has thousands of years of political and military experience is unlikely to become a banana republic
Our response, more Congressional hearings with the deliverable of a 1500 page report that in the end none of the recommendations in the report will be implemented.
More lobbists and more campaign donations!
As an American citizen, my view of what sickens America as a nation is the capitalist exorbitant profit for everything mentality by cooperations! Fleecing its citizens to a breaking point!
Many Americans are taking a multitude of medication to deal with their stressful high cost life resulting from that, at my work place absentee from sickness is mind boggling and I know for a fact our medical system encourages that, many of my colleagues are on metabolic illness and depression/anxiety med. Nevermind our food system generates obese and diabetic citizens! Just FIX it with obesity and diabetes drugs, the sicker the nation, the more profits for our medical system! Quite a vicious cycle.
The American dream is still real if you come here, but you're not a true American until you become zombies like to our SYSTEMS😢😢😢
On this channel, you get information that you get nowhere else.
Your show is so informative that I learned something every time. It sounds trite but l always looking forward watching you.
Agree. Kevin is excellent. Brings us lots of no-nonsense information.
Go to any convenience store in China and you will find the price of goods are pretty much on par with supermarket prices. Do the same thing in the west and you'll find prices in convenient stores are way higher than the supermarket. No judgements here, just an observation as I visit China often.
Yep a bag of chips in supermarkets cost only $1.99 in gas stations $3.99 or 5.99
Except somewhere like attractions, train stations or other places have very high rental payments.
It is amazing that the information given in this video is not more widely circulated.
Your final question goes to the heart of the matter. The West and its ruling financial class look to maximize monopoly rents. It relies on the low costs - and sense of fairness - in China to enable them to succeed as asset stripping jackals.
I recently discovered your channel. Thank you, your posts are brilliant.
I am not a native speaker, I clicked the video because I saw drugmakers and I am very disappointed with what I heard versus what I expected. However, it is a good video, and thank you for collecting and presenting those data.
Kevin's insights are really deep and thoughtful. He uses data to back them up. It's a pity that most people are more interesting in some entertainment videos nowadays. But believe me that Kevin's followers are more solid as they are all thoughtful, smart and hard working people who is willing to learn more. Like your channel very much.❤
Totally agree with you on this. Kevin is a gem.
The West should open up its market more to others before demanding other countries do so.
Greedy CEOs
Are you willing to give all your profit to charity and the homeless?
A friend of mine when to the doctor for some pain relieve medication because of the swelling from gout. It costs him $60 per pill. The pharma. sells its medications 10 to 15 times more to its own fellow Americans than to foreign countries.
I have gout now at knee hurt so bad swollen for 1 month now. Is there alternative pain meds or treat gout faster? I can't walk go buy anything now nor hospital
@@ShauhuaGu Yes. You get GOUT because there is too much uric acid in the body. You may be eating too much meat and even worse are soda and soft drinks. So you need to drink a lot of water to flush out the uric acid from your body through urination. I mean gallons of water. The more you drink the faster you recover. Also, you need to fast (not eat) because almost everything you eat has some uric acid in it. Therefore, a combination of drinking a lot of water and fasting will do the trick. Take some Tylenols can really help too.
Read the directions as too how much you can take per day. As with any medication, taking too much will harm you rather than cure you. You will feel a lot better in a day or two BUT it will take about a week to where you can walk with a little limping. After two weeks, you should be back to somewhat normal. I'm speaking from my own experience. It gets to the point where putting a blanket on my big toe creates pain. It swells up and very sensitive to touching. You can read more about it at www.mayoclinic.org or www.webmd.com for medical background on it. Let me know if it helps.
@@ShauhuaGu You get gout because you have too much uric acid in your body. This uric acid comes from the foods you eat, especially meat, soda and soft-drinks. This uric acid in turn will crystallize around your joints and cause them to swell up and give you a lot of pain. So in order for you to reduce this uric acid intake, you need to eat as little as possible or fast as much as you can and drink a lot of water to flush it out of your body through urination. I drank so much water that i used to go every 30 minutes or so. Within a day or two, your pain should reduced. You should feel minor pain within a week and recover in about two weeks.
@@sinnieleeonUtube thank thank for yr kindness take time help other me. Yes I eat little even fasting for 10 days now add together 20 days, drink lot water, drink some lemon juice n appleciding veneger, eat little meat of course no seafood at all nor sweet drink soda nor beer. May be my mistake drank 2 coconut juice in paper bottle probably lot sugar too not as much as in plastic bottle or soda due too hungry n pain to cook n eat. Still last 1 month straight now usually only 2 week most then few days not pain then back 1 week pain again then all gone for over 3 years after I eat seafood few time a year thought just seashell but fried fish too plus I drink soda n fried chicken 3 time a year probably they fried same oil with fried fish too. Im tire eat too clean n my own food all time n im mostly vegan too over 35 years. That help me look young healthy even im 62 now. Yes I will follow yr advice to heart now see help reduce pain at my 1 knee. So straight my gout not same spot it happen all different spot, toe ankle back feet one foot to other now at my knee first time n last like 5 week now. It seem half as bad now still I can't walk yet. Thank again.
@@ShauhuaGu Taking Tylenols can help a little but you MUST strictly follow the direction as to how much you can take per day and for how long. Taking too much can harm you rather than cure you.
This is what the media should tell us about ...not made up silly lies
Capital flows to the most profitable market. This is capitalism 101.
Another incredible insight. Thank you
Why make when you can buy and re-sell at a profit ? This is human nature. Even Chinese companies were happy to buy US chips and re-sell them in products until the US cut-off the supply of Chips. Suddenly everyone in China agrees its better to make than to buy. Human nature is incredible, but that's what makes us human. Otherwise, we would just be algorithms. Also, that's why National leadership is so important -- to make the correct, long-term decisions.
That's why the u.s. made it possible for the Chinese to make the chips themselves, the Chinese are a protected market by the u.s. to make it all by themselves, it's not Switzerland, it's not Canada, it's has a market bigger than USA, the market demand will determine.
US must manufacture all medicines and medical supplies, even as a backup.
Its not similar thing...😅
US ban Chn from hi-end chips that Chn couldnt made yet(only for cripple Chn tech), but US drug farmacy able to make, but didnt want to produce on homeland, its all bout non profitable matter...😵
Surprised by the Caption "..seek Greater riches in China.." ......What ? In a collapsing China ??
@@kabysummit5801as long as the1%‘s pocket full who care
It's simply amazing that our leaders here in the US have just let our entire industrial base, to include nearly every critical item we need on a day to day basis, lay off their American citizen workforce, and move their entire manufacturing operations off shore, leaving us in a situation that if we were to become a pariah state (which is becoming a very real possibility) and no one wants to deal with us, we are just out !
And that's not saying anything about the economical effects !
We have absolutely no security here in the US anymore. It does no good to have the ability to produce weaponry if you don't have the resources and the supplies that these weapons require to be produced !
China is the adult in the room
The Western pharma are not shy about marking up 100x. 100x, 10,000 percent.
Does the factory in China has backup power? 😂😂 what a remark
Oh.. they definitely have..
China export power to Vietnam.
That is why the Vietnam Manufacturing Industry is humming along nicely.
@@华虞 yes, those westerners are talking rubbish
China factories had backup power generators since 1990s, because the electricity is not sufficient at that time😅. The generators become common facilities to provide non-stop productions although the electricity is sufficient enough, and China can sell electricity to Vietnam.
FYI, China produces more than twice electricity than US.
Corruption, it's the hardest problem to solve.
Move back the factories to US, americans will have to pay much more..
American greed and short sightedness know no bounds.
Informative. Thanks for sharing.
If that factory has a monopoly then you can bet that the Chinese national government is going to step in.
Everything you mentioned can be easily solved by adopting some socialism. First, do not depend on JIT: stock a few months worth of supplies inventory in case of supply shortages. Second, implement a cost plus model for drug pricing, allowing drug companies to recoup all their costs based on volume and time.
Kevin is the reason you video your show in a different location each time is your desire to remain safe and not get EPSTEIN’D. Keep exposing the criminals and stay safe. Awesome content to everyone of your podcasts.
The point is, ladies and
gentleman, that greed -- for lack of a better word -- is good.
Greed is right.
Greed works.
Greed clarifies, cuts through,and captures the essence of the evolutionary spirit.
Greed is good...for the 1%
Maybe they can put a tariff on it just like the EV being 'over supply'.
There is a problem with our FDA's rigid requirements that many drugs or medical related products manufacturers find them more practical to just importing them from overseas.
Private enterprises never let a disaster go to waste.
Single Points of Failure….. a known (if not fundamental) risk in supply chains. Why are these known and identified risks not being: a. Managed, b. Mitigated😮
If the hospitals has to supply a bottle of Gatoraid, that bottle goes from $2 to $200.
Triffin's Dilemma! Yup. He nailed it.
Another great episode! American politics and policies are always so frustrating to watch!
Very informative content
Bean counters are killing us one at a time, but hey it's most efficient and achieves higher margins.
I see tremendous societal upheaval ahead for people in the US who don't recognize calamity after calamity in the making and can't get their politicians to do anything about it.
The rising tide didn't lift all ships as we were promised, instead there was a simple redistribution of the one ocean, where we all start back near square one and try again ... or we give in the learned helplessness.
Thank you ❤ excellent news
In Europe, we have a shortage of antibiotics and other drugs because we refuse to buy at the price these suppliers demand. It all goes to the US.
good presentation as usual
The flaw in USA gullibility is, it is so big.
when there’s no profit to keep deep pocket CEOs they won’t do it, middle man profit is bigger & easier to make
Wow that’s a home run
China does not cut off its nose to spite its face the same way 'Murica has done with semiconductor....
It might be a good idea to have the young elderly work drug factories since we are already getting ss and pension. we can work a few days a week . It may sound crazy but it would be to our benefit. Especially for the very young and the elderly because when we are ill It can be fatal.
That won't be good for Chinese people.
It wouldn't work, I think? I mean, the Chinese government like their population. They wouldn't sell drug so out of reach of ordinary people. They wouldn't let them force fed their drug to the patients nor would they let the drug companies have so much control in healthcare of their country. When you're operating in China, pretty sure you'll be subjected to series of laws that basically restrict your ability to make so much money out of the population pocket.
profit first worry about the supply chain when it is broken.
Indian drugs have been recalled many times and are contaminated not uncommonly.
Do unto others what you want the same done unto you
Why are you giving them ideas then, Kevin? :D
Because that’s pure capitalism, to reduce overhead costs & increase selling price to make it economical to run your business.
follow the rules （money）
Probably they are being forced to bear the costs for medicare patients.
There is not enough ponzinomic value to build an IV factory in Merica. Neoliberal dogma that guides all of Merica's policies don't allow profit too serve the public goods alone.... it must enrich a Merican oligarch for the project to continue..... the public good is not a priority in Merica's neo-liberal order
US can subsidise its industries that it deems critical. There is little point in posing auch vulnerabilitea as a China problem and being hostile and beligerent
Now what you are telling us is - the highest cost medical system in the world is almost totally dependent on folks we don't control and have the best relations with. Again, that appears to be serious failing by our oh so powerful political government run by dumbasses we elect to serve us. Or, am I missing something? Thanks for the input. Oh - it appears to me 'we are already in trouble' why wait to call the game?
Dont stop making this videos
✌️✌️✌️👍👍🇨🇳🇨🇳🇨🇳👍👍👏👏👏
This UA-cam channel proves all others are rubbish.
That's very very bad news for everyone in this world. 😢
No, It's a win win situation
@@argus-r1j
How is it win-win?
@@cb250nighthawk3US only dream for produce most powerful weapons for selling all over the world, then buy cheap drugs from India &Chn (its just tiny money from weapons profit). Definitely so win for US....😂
@@cb250nighthawk3win win for the west pharma and Chinese producer .
@@cb250nighthawk3 chinese don't do coercion nor price gouging. you're safe as long as you don't screw them too hard.
Wow, Shandong is still pretty chilly in early April...
Brother, I feel your frustration... and I am Italian