I see you're getting downvoted, but you're right. This whole thread is filled with utter lunacy. Just look at the top post. It's some middle-man explaining how his company is innovative because they've figured out how to take a cut of the massive economic rents, and everyone seems to just be nodding along sagely.
What really gets me is this idiot notion that the US is somehow subsidising everyone else's healthcare. In actual fact, pharmaceutical / medical device companies will simply charge whatever the market will bear, and it just so happens the US market will bear almost any price. If some market won't bear a profit making price, pharma companies simply won't sell into it.
It makes utterly no sense to sell at a loss and then cross subsidise using the massive rents extracted from US markets, yet that is exactly what most people here seem to believe is happening. Then again, maybe basic economics somehow doesn't apply to these super exceptional markets in the super exceptional USA.
What really gets me is this idiot notion that the US is somehow subsidising everyone else's healthcare. In actual fact, pharmaceutical / medical device companies will simply charge whatever the market will bear, and it just so happens the US market will bear almost any price. If some market won't bear a profit making price, pharma companies simply won't sell into it.
It makes utterly no sense to sell at a loss and then cross subsidise using the massive rents extracted from US markets, yet that is exactly what most people here seem to believe is happening. Then again, maybe basic economics somehow doesn't apply to these super exceptional markets in the super exceptional USA.