It’s another year! What a weird year 2020 was. Helen and I started the year in Australia. We travelled back to the UK at the end of February thinking that we would move back to Sydney in July/August. Instead we got stuck in the UK because of the pandemic.
The U.S. election was a wild ride! It wasn’t the Democratic landslide that I was hoping. As predicted, however, the initial vote was skewed to the Republicans, and Trump tried to portray that as a Republican win. Over the course of days, the mail-in ballots were counted, and it became clear that Biden won.
I hope Biden wins. I don’t think I can stand another 4 years of Trump.
Here in the UK we have just had over 60,000 deaths from Coronavirus. Hospitalisations and deaths are ramping up again. I think that there is a very high possibility that this virus will become endemic, and our society will have to adjust to live with it. On the other hand, some countries in the Asia-Pacific region have very low case rates, and seem to be controlling the pandemic. I think that there is a definite possibility of a two-speed world economy, with much faster growth going to those countries that have managed to control the pandemic.
This morning the UK Prime Minister Boris Johnson, told the UK public to start preparing for a “No Deal” Brexit. Most commentators I follow on Twitter believe that there will be a trade deal - albeit a thin one. The Guardian has what I think is a good analysis of today’s analysis.
I'm really enjoying the new (anti)-Brexit Podcast - CakeWatch. Chris Kendall and Steve Bullock deliver a lively discussion on the events of the week. It's amazing how many events around Brexit are happening every week! At the moment I'm listening to the CakeWatch podcast and The Guardian Brexit means... podcast.
It seems like the World is breaking down, with increased terrorism in Europe, Trump supporting Neo-Nazis in the US, and the insanity that is Brexit. I've decided that I need to ignore politics for my own peace of mind, and focus entirely on maths, programming and science!
Equity markets constantly surprise me. It's looking increasingly likely that the Eurozone will disintegrate - leading to potential bank failures, stagnant economic growth and increased unemployment - and the equity markets here in Europe are pretty much shrugging it off today. The FTSE100 is up over half-a-percent at pixel time.
Here is a video showing how badly Detroit has been affected by the collapsing housing market. Towards the end of the video you can see some amazing mansions in the worst-hit areas of Detroit that you can supposedly buy at a massive discount.