The great vaccine hope wanes some more

Advertisement

A few more charts today on the waning hope of the great vaccine cure for COVID-19. Availability is inexorably being pushed out:

Take-up is going to be abysmal:

But the US had better give it out to the elderly!

Advertisement

I remain of the view that treatments and lightning-fast tests offer greater hope for economic recovery. They are easily deployed and instantly change the profile of personal fear for the virus.

Political pressure to rush the scientific process has demand near killed the vaccines before they even get launched.

Advertisement
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.