Tuesday, December 15, 2020

What the Health Minister Said

 The German Health Minister (Spahn, CDU) gave a interview yesterday, which N-TV covered.

He made three key observations:

1.  Vaccinations in Germany would start shortly before Christmas.  

2.  His belief is that 60-percent of Germany (83-million) would be vaccinated by end-of-summer 2021.

3.  All Germans would be vaccinated (at least those who want the shot)....by mid-fall. 

Reason for the 'speed'?  The production cycle is around 13-million doses per quarter.

This solving things?  It's strictly speculation.  

I might go and suggest that the higher infection rate/death rate will continue through January, and then probably see some downward trend in Feb/Mar.

The idea of summer vacations going back to normal in June/July/August?  Germans might do another round of in-Germany-only, or lightly test the idea of driving over into Italy or Greece.  Airlines might crank things up a notch and a few countries will say if you have the virus vaccination card......you might be able to enter without the pre-test.  

I'd also go and suggest that 2021 isn't going to be normal in any sense of the word, and that 2022 will really be the return to normalization.  Economically-speaking....2021 is going to be a harsh year....with higher taxes coming somewhere down the line to pay for all the borrowed money to pay for Covid costs.  

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