Nick Cohen is a respected commentator and he’s hardly alone in predicting that China will seek to gain further advantage from this crisis. They will and we will lose further ground the more we isolate ourselves internationally. And the under-regulated hedge funds, vulture funds and activist (= opportunistic) investors will continue to exploit every market opportunity that arises, with the employees of the businesses very low on their list of concerns. So, yes, prospects of real concern for all of us. A more immediate problem is the lack of a functioning leader of the government. Having selected a compliant cabinet with an excess of mediocrities he then presided over a catastrophically slow response to the pandemic. We must hope he recovers fully and quickly and can go on to set out a course out of this disaster that most of us can support. His biggest challenge by far and I haven’t even mentioned Brexit.
Jonathan Callaway ● 2397d