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People rather like miracles and low effort results.
by Gualdrapo 3y ago
People rather like miracles and low effort results.
- toomuchtodo 3y agoAnd we will pay incredible amounts for them. The Danish central bank is holding interest rates below that of the ECB due to how successful Ozempic and Wegovy are [1] [2]. It's expected to be a $100B market by 2035 (assuming "one and done" gene therpay doesn't fast takeoff [3]). [1] https://www.cnn.com/2023/08/21/business/ozempic-wegovy-demand-denmark-economy/index.html https://www.cnn.com/2023/08/21/business/ozempic-wegovy-deman... [2] https://fortune.com/2023/09/22/obesity-drug-market-ozempic-wegovy-2035/ https://fortune.com/2023/09/22/obesity-drug-market-ozempic-w... [3] https://news.ycombinator.com/item?id=38495653 https://news.ycombinator.com/item?id=38495653 (if I can get the benefits of exercise without exercising, "shut up and take my money"; success is about outcomes, not effort)
- RandomLensman 3y agoJust in case: The Danish Central Bank is reacting to the economic success of the drug maker which impacts the currency flows and thereby the currency peg they are managing. (Not some health benefits thing by the central bank).
- deleted 3y ago[deleted]
- mensetmanusman 3y agoAmerica exporting the disorder of the US healthcare system and crashing currencies as we help companies become larger than their nation state GDPs. Kind of funny actually.
- RandomLensman 3y agoNo currency crashing with DKK.
- BurningFrog 3y agoOf course we do. Nothing wrong with that!
- kiba 3y agoThat would be like investing into a single stock, and hoping that your investment pans out. You diversify your investments to reduce the risk of catastrophic loss. I would like to encourage maximum effort into maintaining my health while waiting for interventions to develop. This is all on top of competing priorities such as projects I am working on.