Anonymous ID: 219a92 Aug. 16, 2020, 9:20 a.m. No.10307297   🗄️.is 🔗kun   >>0437

“Sweden Hits COVID-19 "Triple Whammy": No Lockdowns, Low Deaths & Minimal Economic Damage” at https://www.zerohedge.com/geopolitical/sweden-hit-rare-covid-triple-whammy-no-lockdowns-low-deaths-minimal-economic-damage states;

 

“Perhaps the biggest example of the Western media's inherent biases surrounding its coverage of Sweden's approach to tackling COVID-19. Plenty of media outlets decried the country's "massive" fatality rate compared to its lockdown-favoring neighbors, but failed to add the context necessary to see that the difference was only a couple thousand deaths, and that Sweden's per capita mortality rate was still lower than Britain's, and other countries that favored lockdowns.”

 

“What's more, in Sweden, deaths have declined nearly to zero. And since the country's economy has remained open this whole time, there's little risk of resurgence when whatever minimal restrictions are still in place are finally lifted.”

 

“Almost all economists thought that Sweden’s economy would suffer hugely from its idiosyncratic strategy. They were wrong. Sweden’s GDP fell by just 8.6 per cent in the first half of the year, all in the second quarter, and its excess deaths jumped 24 per cent. A big part of Sweden’s recession was caused by a slump in demand for its exports from its fully locked-down neighbours. One could speculate that had all countries pursued a Swedish-style strategy, the economic hit could have been worth no more than 3-4 per cent of GDP. That could be seen as the core cost of the virus under a sensible policy reaction.

 

By contrast, Britain’s economy slumped by 22.2 per cent in the first half of the year, a performance almost three times as bad as Sweden’s, and its excess deaths shot up by 45 per cent. Spain’s national income slumped even more (22.7 per cent), and France’s (down 18.9 per cent) and Italy’s (down 17.1 per cent) slightly less, but all three also suffered far greater per capita excess deaths than Sweden. The Swedes allowed the virus to spread in care homes, so if that major failure had been fixed, their death rate could have been a lot lower still.”