Ed Conway Profile picture
Jul 12, 2021 10 tweets 4 min read Read on X
Quick Covid data update. Cases heading higher, so too admissions. But the link between them is weaker than in previous waves.
In short, the coming months will be nerve-wracking.
Cases will get v v high. This will feel like a wave in that respect. But in other respects v different
Same data but on a log axis - now you can see that hospital admissions are now growing at almost the same rate as cases.
Roughly doubling every 11 days.
V unsettling. Especially given cases have further to rise. So what next?
Here’s a simple extrapolation of cases and hospitalisations (second chart is same data with log axes).
Extrapolate current growth rates and you’re talking abt 100k cases by late July.
Hospital admissions up to 1000 by 19 July, possibly touching 2000 by end July.
The question is where and when that growth rate runs out of steam. It has to at some point, but no-one really knows where. Was struck by how wide the uncertainty bands in today’s SPI-M models were. No-one knows! But presumably opening up will mean an acceleration in cases
Consider what happened when the Netherlands opened up nightclubs late last month. After that there was a MASSIVE increase in cases, to the extent that it had to reverse the reopening less than two weeks later. Will that happen in the UK too?
Quite hard to be sure. On one hand, Delta variant has already established itself in UK (whereas it’s only now getting a foothold in much of Europe). Plus UK has higher vaccination levels than most other countries. And school holidays will help too (less classroom transmission)
However, because UK has prioritised vaccinating older, more vulnerable people, upshot is Covid could spread more freely among younger age groups than in other countries where vaccinations were distributed more evenly among age groups. Eg: high case growth, slower hospitalisations
Every other time cases were rising like this govt response was to put foot on brake. Now it’s putting its foot on the accelerator.
& even if you assume lower hospitalisations, still big questions abt other consequences, eg Long Covid.
But (big but) something important has shifted
Even after u account for the usual lag, the link between cases & deaths seems to have weakened considerably.
Thank goodness.
There are many consequences of Covid that shouldn’t be taken lightly. But fact that far fewer people are dying is some welcome good news.
In coming weeks cases will mount further.
So will hospitalisations & deaths.
There will be lots of shouting (esp here on Twitter).
But this is a nuanced situation.
We at @skynews will try to help you navigate this.
Because we take data seriously skygroup.sky/skynews

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ed Conway

Ed Conway Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @EdConwaySky

Jul 20
🧵
80 years ago today, newspapers in Europe carried news of the unexpected death of a very important man, in a hotel miles from the nearest city.
A man who, said some, was helping the Allies win the war.
But there was a twist to the tale. The man in question wasn't actually dead Image
That man was John Maynard Keynes. The 61 year old economist was at the Mount Washington Hotel in New Hampshire for what became known as the Bretton Woods conference. And the day earlier he had indeed collapsed, following a heart attack. It was a moment of high drama. Image
The conference had already overrun.
It was supposed to be done in two weeks and there was talk that the delegates would soon be kicked out of the hotel. This was, to put it lightly, a problem.
After all, in the absence of an agreement there was a chance of yet another world war Image
Read 29 tweets
Jul 10
It says something about how confusing Labour's green investment policies are that seemingly even the Treasury has misunderstood them.
Contrary to what the picture in this press release👇 suggests, the National Wealth Fund has nothing to do with wind power or indeed green energy
Instead it's very specifically designed to focus on all the low or zero carbon technologies that AREN'T really to do with generating power.
- Green steel
- Hydrogen
- Clusters
- Gigafactories
Here's the sectors the institution will focus on 👇 Image
Simple way to think abt this:
Pretty much ALL heavy industry today emits carbon, directly or indirectly. The techniques we use to make stuff mostly date back to the industrial revolution. Getting to net zero involves redoing the industrial revolution! edconway.substack.com/p/yet-another-…
Read 7 tweets
Jul 5
🧵
How did Keir Starmer manage to win a landslide majority even though fewer people voted for him than for Jeremy Corbyn in either of his election bids?
A quick thread looking beneath the numbers.
Let’s start with swing…
Election nerds like to focus on two-party swing - essentially showing how voters shifted between the main parties.
And on this metric, Labour enjoyed a MASSIVE swing. 11%. Slightly more than Blair in 1997.
But there’s more to this chart than meets the eye… Image
Let’s take the same data, two-party swing, & break it down. Red bits of bars show change in Labour vote, blue bits show Tory change.
Now look again at that 2024 bar (on the far right).
The vast, vast majority of swing to Labour is in fact swing AWAY from the Conservatives. Image
Read 10 tweets
Jul 2
🧵THE STRANGE CASE OF THE YAKOV GAKKEL🧵
A thread about the energy story no-one wants to talk about.
About how UK companies are helping facilitate Russia, as it earns money to finance its war.
And about how the cost of living crisis didn't end quite how you prob thought it did…
But before all of that it's a story of a ship. A v unusual ship.
The Yakov Gakkel. A vessel that routinely passes these shores. As I type this it's somewhere north of Norway. But I first saw it in the English Channel.
And at first glance you might not think it all that special.. Image
But beneath that enormous blue hull is some incredibly advanced technology. Because the Yakov Gakkel is a cutting edge liquefied natural gas tanker, capable of holding vast amounts of natural gas at temperatures of approximately −163 °C.
These things are pretty incredible! Image
Read 21 tweets
Jul 1
🧵You know the idea, posited by @theIFS, that the main parties are engaged in a "conspiracy of silence" this election.
Their original point was about spending plans.
But I think you cld go much further.
I can think of at least 5 other areas where there's a conspiracy of silence
1⃣Taxes ARE going up under all the main parties' plans.
But they prefer not to talk about this, hiding instead behind the claim that tax rates on income tax, NICs and VAT won't rise. But they've still signed up to plans which will mean the AMOUNT of taxes we're paying will rise. Image
2⃣The magical tax avoidance money tree.
All the parties think they'll raise enormous sums clamping down on tax avoidance.
So much that they need not raise other taxes. This is v uncertain. But since they've all done the same trick they remain silent about its ridiculousness
Read 7 tweets
Jun 23
🧵
You've probably heard this claim - both from @rishisunak and more recently from @Nigel_Farage 👇
UK has leapfrogged others to become the world's fourth biggest exporter! And all after Brexit!
Unfortunately the reality is somewhat less impressive than this sounds.
Here's why: Image
First thing to say is that the bare bones of the claim are certainly true.
Between 2021 and 2022 the UK did indeed rise from 7th in the league table of the world's biggest exporters (counting both goods and services) to 4th.
We'll get to why this happened in a moment. But still Image
However here's some (very) important context.
It's not like the UK has only JUST hit fourth spot. In fact, it was in 4th place in 2020. And in 2015, 2014 and 2013.
Actually if you look at the modal average of our position in the past decade it was... fourth. Image
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(