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Tag Archives: coronavirus

Coronavirus update through October 30, 2023

Coronavirus update through October 30, 2023  – by New Deal democrat No important economic news today, but it’s been a while since I took a look at the COVID-19 data, and there is an interesting trend, so let’s have at it! But first, some bad news. The most reliable data for infections for the past year has been from Biobot, which tracked wastewater nationwide. Well, they lost their contract, which was won by a Google subsidiary called...

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Coronavirus update: the virus is back; everyone should return to their prior precautions and get boosted this fall

Coronavirus update: the virus is back; everyone should return to their prior precautions and get boosted this fall  – by New Deal democrat At the beginning of this year, I indicated that I anticipated only writing about Covid if something significant was happening.  It is, so let’s look at the data. Almost all State and Federal testing data is gone, but we do have a very good source in Biobot’s waste monitoring. Here’s the long term view...

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BA.2 likely only causes a ripple

Coronavirus dashboard for April 5: BA.2 likely only causes a ripple; and on track for record low daily deaths This is a good time to look at the impact – or, better speaking, the lack thereof – of the BA.2 Omicron variant in the US. Nationwide the 7 day average was 28,961 yesterday: This is the lowest since last July, and lower than all but about 3.5 months since the end of March 2020. Only late spring 2020 and from mid-May through...

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Pessimistic and optimistic scenarios for the winter wave

Coronavirus dashboard for November 26: pessimistic and optimistic scenarios for the winter wave, New Deal democrat I hope all of you had a Happy Thanksgiving. Since I haven’t posted one in a bit, here is an update on the pandemic.As an initial matter, in the last day or two, there has been a mini-panic about a new strain out of South Africa called B.1.1.529 which may or may not get the designation Nu.  While this *may* be a concern, I wouldn’t...

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Trade, saving and an economic disaster

 The UK is running a trade surplus. No, really, I am not joking. This is from the ONS's latest trade statistics release:The UK total trade surplus, excluding non-monetary gold and other precious metals, increased £3.8 billion to £7.7 billion in the three months to August 2020, as exports grew by £21.4 billion and imports grew by a lesser £17.5 billionIt's the first time the UK has run a trade surplus since the late 1990s: And if you were thinking this was because of the lockdown, you would...

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Trade, saving and an economic disaster

 The UK is running a trade surplus. No, really, I am not joking. This is from the ONS's latest trade statistics release:The UK total trade surplus, excluding non-monetary gold and other precious metals, increased £3.8 billion to £7.7 billion in the three months to August 2020, as exports grew by £21.4 billion and imports grew by a lesser £17.5 billionIt's the first time the UK has run a trade surplus since the late 1990s: And if you were thinking this was because of the lockdown, you would...

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What went wrong at intu?

In June this year, a company called intu (no capitalisation) collapsed. Most people had never heard of it. But they knew what it did. It was the owner of many of the UK's biggest shopping centres. Lakeside in Thurrock, Metro Centre in Newcastle, and the Trafford Centre in Manchester - all of these were owned by intu. Indeed, they still are. At the time of writing, no disposals have been made. So intu is the landlord of a significant part of the UK's retail sector. And it is dead, killed by...

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What went wrong at intu?

In June this year, a company called intu (no capitalisation) collapsed. Most people had never heard of it. But they knew what it did. It was the owner of many of the UK's biggest shopping centres. Lakeside in Thurrock, Metro Centre in Newcastle, and the Trafford Centre in Manchester - all of these were owned by intu. Indeed, they still are. At the time of writing, no disposals have been made. So intu is the landlord of a significant part of the UK's retail sector. And it is dead, killed by...

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Interview on the Greek economy – Press TV News 5-7-2020

Today I offered my opinion on the state of the Greek economy in a comment for the News programme of PRESS TV (5-7-2020). The video of the interview follows together with its transcript. Η ελληνική μετάφραση του κειμένου ακολουθεί. [embedded content] https://urmedium.com/c/presstv/24265 The Greek economy is a failed economy.Since its accession to the EU it has been de-industrialised and became a service economy, heavily dependent upon tourism. The 2008 global crisis and the subsequent...

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