A tale of two countries: the costs of lifting restrictions

 

In Sweden, with no lockdown: Consumer spending down 25%, 3679 deaths.

In Denmark, with lockdown: Consumer spending down 29%, 547 deaths.

Nearly seven times as many deaths for to bump spending by 4%. What choice would you make?

Sweden's central bank is also predicting a 7-10% reduction in GDP for 2020. Unemployment up to 10% too - although they started at a higher baseline.

They seem to be taking a bigger hit than we are.



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