Did Sweden admit they were wrong after all? After weeks pushing for a #coronavirus strategy that would result in herd immunity, saying that deaths wouldn't be that bad, the chief epi for Sweden is now surprised at the death toll.
Thread [1/7]https://www.businessinsider.com.au/coronavirus-sweden-lockdown-chief-says-high-death-toll-was-surprise-2020-5 …
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Thanks to Sweden's test, we now have more data to indicate that, at least in Western countries, a herd immunity strategy might be bad for both health and business. [7/7]
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-9% for Norway seems to be wrong?
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Sweden business is based on steel and wood; Denmark on agri, health and trade. These sectors behave differently under Corona, and I think is the main reason for the differences, not the corona strategy
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Glad to see someone reasonable here
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Sweden is very dependent on a few big companies for export (Volvo, ABB, SCA, Ericsson, SKF, Sandvik, etc) which is causing a bigger impact. But then Norway is very dependent on oil so doesn't explain it all.
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I do not think that you can conclude that from equity market price action and/or economic indicators currently available. Some data referenced here...https://twitter.com/jnordvig/status/1258400746233573377 …
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What about small businesses? They are not reflected in the stock market indices. Would be interesting to See data on their survival rate compared to the rest of Europe.
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very good point
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the difference in Sweden's index being behind other Nordic countries is maybe short living and reflecting a difference in stimulus package as %% of GDP - I hear some two time difference (tbc) - higher in Sweden than in others
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Wydaje się, że ładowanie zajmuje dużo czasu.
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