A 2021 market boom would be welcome, but there will still be plenty of losers

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Coronavirus vaccines promise a rapid economic rebound, but many of the 2.6 million thrown out of work have a grim future

Photograph: Andrew Matthews/PAPhotograph: Andrew Matthews/PAhen the prime minister announced, in the last week of October, a second national lockdown in England, the best thing to do, it turns out, was to buy shares in pub companies, airlines, gyms, retailers and restaurant operators – in other words, those businesses that were about to get clobbered again.

 

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problem is it will be credit driven; if it happens

A market boom would only reflect an excess of untaxed wealth which the rich have to dump somewhere. There hasn't been a 'boom' in productivity or even earnings. The market is just a casino for the uber wealthy.

yes, and it is getting grimmer

Your 2.6 million unemployed is in fact 7 million UC claimants or an economically inactive rate of 20%. Also known as an anchor on the economy.

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Boris Johnson wants to be the FIRST to get vaccinated

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