NEW: I’m not sure people appreciate quite how bad the Covid situation is in Hong Kong, nor what might be around the corner.
First, an astonishing chart.
After keeping Covid at bay for two years, Omicron has hit HK and New Zealand, but the outcomes could not be more different.
After accounting for lag between infection & death, *1 in 20* cases in Hong Kong currently ends in death.
To put that into context, HK’s case fatality rate (NB different to infection fatality rate) is currently higher than England’s pre-vaccine peak. Two years into the pandemic.
Hong Kong doesn’t just look grim when compared to its Asia-Pacific peers.
In March 2020 we saw awful pictures from northern Italy. Last winter, UK & Portugal saw huge mortality spikes, and last summer it was Namibia, but Hong Kong has now set a new global record for daily deaths
The cumulative view almost looks like a glitch in the data.
Hong Kong’s total death toll has risen almost vertically in the last two weeks, shooting past not only its Asia-Pacific peers, but now European countries including Norway and Finland. And that line will keep rising.
Comparing Hong Kong to its peers, all of whom kept Covid largely at bay for the best part of two years, it’s extraordinary the extent to which it is an outlier in terms of the lethality of this wave.
So what’s driving this?
Vaccines.
Or more specifically: the elderly vaccination rate.
When Omicron hit, *more than two-thirds of people aged 80+ in Hong Kong were still unvaccinated*, compared to a couple of percent in New Zealand and Singapore. This was a year after vaccines became available.
Exacerbating this is that most of Hong Kong’s elderly vaccinees had China’s non-mRNA Sinovac shot, which is less effective than Pfizer etc at blocking infection.
Sinovac does fare better against severe disease, but overall this is likely to have contributed to the poor outcomes.
Now you might think, well, the over-80s are only a small share of the population, so surely this can’t have such an enormous impact on overall fatality rates?
But that would be to miss the fact that, all else being equal, older people are at far *far* higher risk of death from Covid than younger
So vax rates by age are better understood like this, with bars sized according to each age group’s baseline mortality risk.
That is a helluva lot of red, unvaxxed people. And in Zero Covid countries there are no prior infections, so these people are completely immuno-naive.
In a situation grimly reminiscent of England in March 2020, outbreaks have torn through Hong Kong’s care homes, killing more than 1,000 vulnerable residents in a matter of days.
Earlier I warned about what might yet be around the corner.
Aside from Hong Kong itself, where the surge in cases in recent days is sure to have locked in hundreds more deaths, the looming crisis is mainland China, where elderly vaccination rates are only slightly better than HK
Around 15 million over-80s in mainland China are still unvaccinated. An astonishing number
In recent days China has locked down tens of millions in several cities, as it braces for a much worse wave than Jan 2020 where the bulk of infection was confined to Hubei province.
One thing I would hope people take away here is that this really underscores the importance of differentiating between Omicron’s intrinsic mildness and immunity-driven mildness.
In December, as Omicron took off in South Africa, many of us emphasised time and again that the observed reduction in severity in a population with lots of vax and infection was likely to be coming as much from that immunity as from intrinsic mildness
What we’re seeing in Hong Kong shows that this was true.
Omicron *is intrinsically milder* than variants like Delta, but that dip in severity is far outweighed by the huge impact of ripping through an elderly population with minimal vaccination and no prior infection.
Remember my now-infamous chart of England’s Covid infection fatality ratio? Take away mass vaccination of the vulnerable and prior infection, and you could easily end up with something looking more like this.
There’s absolutely nothing mild about Omicron here.
Finally, some notes and hat-tips:
1) I have Hong Kong’s case fatality ratio at around 4-5%, where Hong Kong’s official daily report puts it at 0.64%. This appears to be because they are not accounting for the lag between infection and death chp.gov.hk/files/pdf/loca…
2) @tripperhead continues to tirelessly document the toll of Hong Kong’s Omicron wave, including key exchanges from the daily press conferences. Follow him.
4) It’s not just Hong Kong currently seeing significant Covid death tolls from Omicron. The case fatality rate in South Korea is lower, but not vastly so, and it’s producing some grim results, as @VincentRK shows in this thread
NEW: my column this week is about the coming vibe shift, from Boomers vs Millennials to huge wealth inequality *between* Millennials.
Current discourse centres on how the average Millennial is worse-off than the average Boomer was, but the richest millennials are loaded 💸🚀
That data was for the UK, but it’s a similar story in the US. The gap between the richest and poorest Millennials is far wider than it was for Boomers. More debt at the bottom, and much more wealth at the top.
In both countries, inequality is overwhelmingly *within* generations, not between them.
And how have the richest millennials got so rich?
Mainly this: enormous wealth transfers from their parents, typically to help with buying their first home.
In the UK, among those who get parental help, the top 10% got *£170,000* towards their house (the average Millennial got zero).
American politics is in the midst of a racial realignment.
I think this is simultaneously one of the most important social trends in the US today, and one of the most poorly understood.
Last week, an NYT poll showed Biden leading Trump by less than 10 points among non-white Americans, a group he won by almost 50 points in 2020.
Averaging all recent polls (thnx @admcrlsn), the Democrats are losing more ground with non-white voters than any other demographic.
People often respond to these figures with accusations of polling error, but this isn’t just one rogue result.
High quality, long-running surveys like this from Gallup have been showing a steepening decline in Black and Latino voters identifying as Democrats for several years.
The politics of America’s housing issues in one chart:
• People and politicians in blue states say they care deeply about the housing crisis and homelessness but keep blocking housing so both get worse
• Red states simply permit loads of new homes and have no housing crisis
And if you were wondering where London fits into this...
It builds even less than San Francisco, and its house prices have risen even faster.
That cities like London & SF (and the people who run them) are considered progressive while overseeing these situations is ... something
Those charts are from my latest column, in which I argue that we need to stop talking about the housing crisis, and start talking about the planning/permitting crisis, because it’s all downstream from that ft.com/content/de34df…
NEW: we often talk about an age divide in politics, with young people much less conservative than the old.
But this is much more a British phenomenon than a global one.
40% of young Americans voted Trump in 2020. But only 10% of UK under-30s support the Conservatives. Why?
One factor is that another narrative often framed as universal turns out to be much worse in the UK: the sense that young generations are getting screwed.
Young people are struggling to get onto the housing ladder in many countries, but the crisis is especially deep in Britain:
It’s a similar story for incomes, where Millennials in the UK have not made any progress on Gen X, while young Americans are soaring to record highs.
Young Brits have had a much more visceral experience of failing to make economic progress.