The Daily Trump wins again thread

[Steeleballz 7,550]

5 minutes ago, Burnt Reynolds said:

Or might increase supply. With it destroying the oil/gas market and sending that to the US, Canada is in dire need of something to export in its place.

 

   The Canadian supply would decrease. I don't expect the Canadian government would let that happen. It is illegal to export them and they have already stated their official position. 

[Dashinka 24,740]

4 minutes ago, luckytxn said:

Supplies go down the prices rise.

Or the supply dries up when price ceilings are implemented.

[Nature Boy 2.0 8,378]

25 minutes ago, Steeleballz said:

 

  I do think the goal is that by getting cheaper drugs from Canada, it will drive prices down here. As I said though, I just don't think the Canadian market is big enough to do that. I also think when demand drives supply down, the Canadian government will intervene. 

So you think the canadians have a finite supply of drugs. Pretty sure they can order what they want.

[90DayFinancier 910]

4 minutes ago, Steeleballz said:

 

   The Canadian supply would decrease. I don't expect the Canadian government would let that happen. It is illegal to export them and they have already stated their official position. 

The transborder pharmacies are importing most of their generics ( India /Turkey) and you pay a premium for North American generics when available.

[Steeleballz 7,550]

4 minutes ago, luckytxn said:

Supplies go down the prices rise.

  

  Sorry, two different things I brought up. If Canadian drugs are exported supplies here go up, and supplies in Canada go down. Prices cannot rise in Canada. Prescription drugs are highly regulated. It is not a free market. The Canadian government will intervene. The hope is an external supplier would decrease costs here, but that supplier will ultimately not be Canada. As I said, the country that most likely could meet the US requirements for volume and price would be India. The current issues would be regulatory.

[luckytxn 2,265]

1 minute ago, Bill & Katya said:

Or the supply dries up when price ceilings are implemented.

No encouragement to make more if no or little profit. The best prices happen when there is competition and licensing manufacturers makes it where the original makers can recoup their investments and that other worldwide innovator manufacturers can compete to get the products to market at the lowest prices.

[luckytxn 2,265]

6 minutes ago, Steeleballz said:

  

  Sorry, two different things I brought up. If Canadian drugs are exported supplies here go up, and supplies in Canada go down. Prices cannot rise in Canada. Prescription drugs are highly regulated. It is not a free market. The Canadian government will intervene. The hope is an external supplier would decrease costs here, but that supplier will ultimately not be Canada. As I said, the country that most likely could meet the US requirements for volume and price would be India. The current issues would be regulatory.

Somebody can provide the drugs at what ever prices are needed. Not just India but many countries have people capable of doing this. It is actually very easy to make drugs and package them. It is the research needed to come up with new drugs that get expensive and a lot of that is due to the FDA.

[Steeleballz 7,550]

4 minutes ago, Bill & Katya said:

Just curious, is Canada a net importer or exporter of pharmaceuticals?  I did a brief search, but could not find anything quickly.

 

    I would guess they import more than they export. Theoretically they could allow exportation of Canadian made pharmaceuticals and prohibit anything imported for the Canadian market from being exported back out.

[Nature Boy 2.0 8,378]

A drug I take is about 700 bucks here for a month.

 

Same drug same company is 30 bucks in the Philippines. 

 

That is insane 

[Steeleballz 7,550]

4 minutes ago, luckytxn said:

Somebody can provide the drugs at what ever prices are needed. Not just India but many countries have people capable of doing this. It is actually very easy to make drugs and package them. It is the research needed to come up with new drugs that get expensive and a lot of that is due to the FDA.

 

   In the long run, several countries could supply the US market. However Canada is not likely to be one of them.

[Randyandyuni 2,682]

Look no further than the epiPen for gouging

[Nature Boy 2.0 8,378]

Just now, Randyandyuni said:

Look no further than the epiPen for gouging

Trump has had this an issue. Pelosi to busy looking for russians and impeachment for 2 years 

[luckytxn 2,265]

2 minutes ago, Steeleballz said:

 

   In the long run, several countries could supply the US market. However Canada is not likely to be one of them.

I don't agree as you think it is countries that supplies drugs but it is companies that do so. I can supply the drugs if allowed to as all I need is the license to be allowed. It is the countries that hinder this by their governments.

[luckytxn 2,265]

5 minutes ago, Randyandyuni said:

Look no further than the epiPen for gouging

Monopolies are the cause. Ridiculous prices for the pens that any company could provide way more cheaper.

[Steeleballz 7,550]

15 minutes ago, luckytxn said:

I don't agree as you think it is countries that supplies drugs but it is companies that do so. I can supply the drugs if allowed to as all I need is the license to be allowed. It is the countries that hinder this by their governments.

  

  The fact is that companies exist in countries, so yes, if countries regulate or restrict exports, then we may not be able to get drugs from those countries. I'm not saying the country is the supplier.  I understand exactly what you are saying, but it is not the scenario that exists currently. Our prices may not be regulated, but the manufacturing process is. When I name the countries, I am talking about countries that currently have large pharmaceutical manufacturing industry and would allow enough exportation to occur. The reason I named India is because the infrastructure currently exists. I imagine several other countries too. Ultimately it would come down to both other countries allowing exportation to occur, and also US regulatory agencies allowing companies from those countries to sell here.