Twelve months ago the new Wuhan virus was very much a Chinese problem. One that would not spread worldwide and, like earlier infectious, such as Ebola or SARS, would be contained before it infected us in the UK. Wrong!
We now have the prospect of UK Covid-related deaths reaching 100,000 before too long. And this is against a backdrop of almost 93 million cases and 2 million deaths world wide. But vaccines have been developed, approved, mass produced and started to be distributed – so deaths and serious infections should start to decline by summer time. If the promises hold true.
Then we, like many countries, will have to assess how our nation gets back to something approaching normal. This is going to be difficult after so much disruption to both the economy and our daily lives. If the Government spends billions to boost business then it could be a catalyst for a new Roaring Twenties. A period where the young and rich party like there’s no tomorrow, the stock markets boom and many old fashions are discarded.
But having already spent billions of borrowed money spending even more restarting damaged businesses might just burst the bubble. And the Roaring Twenties could be followed by an almighty crash … just like the 1920s.