Remember when Puerto Rico was crushed by a hurricane a few years ago? It impacted the supply of saline to the US because J&J makes almost all of it there.
Maybe this will be the wake up call that changes things.
It's already too late. No serious production facility was relocated to the US, so that corporations could maximize short term profits. Sure, that's what they're supposed to do. But, fuck, isn't there a single person alive that can figure out how to make money producing materials in the US? Isn't Trump supposed to have cut back on protection agency crushing of US companies, to reduce compliance costs? I don't see that yet.
It's too late to impact Covid-19, sure. My thinking is that those of us who survive the Black Death 2020 would hope for a better grasp on logistics from the heads of these companies.
Absolutely, if there are lessons to take from this crisis, it certainly won't be in favor of openborders and globalization
While the consequences will likely be dire economically, for trainloads of people, it's still a rather modest virus, we aren't talking about a 80%+ mortality rate a la ebola, while it could very well be the case if it had been engineered that way
It's a "just the flu" disaster already, adequate sanitary counter measures aren't in place everybody can see that, all governments got caught off guard on this one
The CDC with the flu than with Corona.
Funny cdc
...
>The World Bank launched a $425 million 2017 catastrophe bond issue supporting its Pandemic Emergency Financing Facility (PEF). There are two tranches of PEF bonds outstanding, expected to mature in July, and this means investors of the bonds will collect massive profits if the bonds aren't triggered or will lose everything if the Covid-19 outbreak continues to escalate.
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