Despite coronavirus vaccine hope, US must brace itself for a winter of despair

Suddenly, there is a credible case for a vaccine-led economic recovery. Modern science has delivered what must certainly be one of the greatest miracles of my long lifetime. Just as Covid-19 dragged the world economy into the sharpest and deepest recession on record, an equally powerful symmetry on the upside now seems possible. If only it were that easy. With Covid-19 still raging – and rates of infection, hospitalisation and death now spiralling out of control again – the near-term risks to…

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