• xiaohongshu [none/use name]@hexbear.net
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    2 months ago

    Sorry this doesn’t compute at all.

    Denmark’s economy is currently over-reliant on Novo Nordisk, whose ecosystem comprises nearly 10% of Denmark’s GDP and 40% of its export revenues. 60% of Novo Nordisk’s export revenue came from the North American market.

    It is not a weapon that Denmark can use, but the other way around - it can be weaponized by the US. If the US restricts Denmark’s access to US market, then it will kill Denmark’s economy and drive it into recession immediately. Who’s going to replace the US consumers? Is China going to step up and import from them?

    The effect on the US is that diabetic and clinically obese patients get screwed, but for Denmark it’s the national economy going down. You don’t want to play with fire like that.