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But global money goes into the US exchanges. In reality those companies are global firms, and it doesn’t really make sense to credit any one country with their
by freewilly1040 5y ago
But global money goes into the US exchanges. In reality those companies are global firms, and it doesn’t really make sense to credit any one country with their accomplishments.
- iso1631 5y agoBiontech research team based in Germany partnered with America for logistics and to get wider testing samples, the development work was done in Germany. The Oxford-AZ vaccine developed at Oxford university by a British-Swedish company AZ traded on the FTSE, not sure where America is involved there. The Janssen vaccine (J+J) was developed in Leiden, Netherlands, although the company is owned by an American company. Moderna was developed in the US. The actual work for most of those vaccines was done in Europe. With the exception of Morderna, America was there as the money men. Whoppee. Not really surprising, the best minds in America are figuring out how to get us to click on another youtube video to consume an advert, or to create a new financial derivative to gamble with peoples pensions more.
- frockington1 5y agoMost pensions are mandated to be within a certain asset allocation. Most underperform due to stability being desired and are overweight fixed income. It is very rare for a pension fund to have any exposure to derivates
- deleted 5y ago[deleted]
- freewilly1040 5y agoI don’t know BioNTech, but J&J and AZ employ thousands of US scientists (AZ has 14k American employees as per their job site). Moderna is quite a large success to brush aside.
- iso1631 5y agoI didn't brush it aside, it was one of many vaccines developed across the world, the refutation was of the claim "Look at how US companies pioneer the Covid vaccine for example" Which is bullshit, and reminds me of the opening to The Newsroom https://www.youtube.com/watch?v=8WxdaU9AsnU https://www.youtube.com/watch?v=8WxdaU9AsnU
- frockington1 5y agoAgreed, it was a worldwide collaboration, as are most things now. Makes no sense to credit any country