patrick.net

farmer2021 says

I don't agree. Most of what we import from China we don't really need.

Remember during the beginning of the pandemic when there were shortages of antibiotics made only in China, and the US couldn't make them because the raw materials also come only from China?

I remember that.

Patrick says

farmer2021 says

I don't agree. Most of what we import from China we don't really need.

Remember during the beginning of the pandemic when there were shortages of antibiotics made only in China, and the US couldn't make them because the raw materials also come only from China?

I remember that.

This does happen in trading partners. It is exception not rule.
China's 5G ambitions are also biting dust due to lack of semiconductors.(They are spending like trillion $ to gain self sufficiency).

US can produce antibiotics too. The issue is not "trade" but loyalty of US govt.. If US govt folks have made treason their main business, Nothing can work.
https://www.nature.com/articles/d41586-020-02884-3
Why big pharma has abandoned antibiotics
A lack of financial incentive has meant large pharmaceutical companies have left the market

farmer2021 says

US can produce antibiotics too.

The question is how quickly and at what cost.

I think it would take years to recover US antibiotic manufacturing ability.

Take the PRC off of SWIFT.

Terms of restoration of interbank payment functionality:

Everyone in the PRC guaranteed weapons and a 20 year supply of ammo, even if they have to fire 10 rounds a minute, three shifts a day.

Multiparty elections.

Unions.

Otherwise, no buy slave-made shit.

Patrick says

farmer2021 says

US can produce antibiotics too.

The question is how quickly and at what cost.

I think it would take years to recover US antibiotic manufacturing ability.

Two solutions:
1) subsidy
2) Increase price.
... otherwise import. It is just not profitable.

https://www.nationalgeographic.com/science/article/oneill-amr-3
We Need Antibiotics. They’re Not Profitable To Make. Who Pays?

SumatraBosch says

Take the PRC off of SWIFT.

So this means to isolate their banking system, right?

Yes.

Let them pay their bills with rocks and Ramen.

Technically that should be "rocks and lo-mein".

"Ramen" is just the bad Japanese pronunciation of the Chinese word lo-mein.

But then it wouldn't alliterate. Unless you're Japanese.

Look at hard to fake parameters of economy to estimate How much is China lying on size of economy.

https://www.brookings.edu/wp-content/uploads/2019/03/ChenEtAl_web.pdf
A Forensic Examination of China’s National Accounts

https://www.reuters.com/business/aerospace-defense/china-quietly-sets-new-buy-chinese-targets-state-companies-us-sources-2021-08-02/

China quietly sets new 'buy Chinese' targets for state companies

WASHINGTON, Aug 2 (Reuters) - China's government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, erecting fresh barriers for foreign suppliers, three U.S.-based sources told Reuters.

Patrick says

https://www.reuters.com/business/aerospace-defense/china-quietly-sets-new-buy-chinese-targets-state-companies-us-sources-2021-08-02/

China quietly sets new 'buy Chinese' targets for state companies

WASHINGTON, Aug 2 (Reuters) - China's government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, erecting fresh barriers for foreign suppliers, three U.S.-based sources told Reuters.

Biden will pretend nothing happened.

Patrick says

The Chinese are pretty smart. That's why they got all the factories. That's what gives them power over America now.

That and all the politicians they own.

Patrick says

But then it wouldn't alliterate. Unless you're Japanese.

That's racist!