How many times this week will we hear the lie that the government has borrowed £300bn to pay for Covid? It hasn’t. It has issued debt, but then immediately repurchased it using new money created by the Bank of England. This debt has already been repaid in that case, for good.
There are problems with quantitative easing, which is the process where the gov’t buys back its own debts using money newly created electronically by the Bank of England. But the one thing it does do is cancel debt. And that’s what has happened with all the Covid debt, already.
Ex England cricket captain Sir Andrew Strauss lost his wife Ruth to lung cancer. He's now urging people who have a cough for more than three weeks, and test negative for COVID-19 to get checked. Advice here: #HelpUsHelpYou
"Don't wreck this now" - a blunt warning from England's deputy chief medical officer Jonathan Van-Tam as the Covid rates continue to fall - but the rate of decline slows. @wizbates reports.
NEW: a common response to reports of hospitals struggling this winter is "it’s no different to a bad flu season!" I’ve tracked down historical data on flu ICU admissions, including winter 2017-18, a record high. Here’s how England’s Covid winter compares to a bad flu season 📹