by Summary:
PCR is taking a sensible position on Covid-19. Reprinted in full. There is a lot of conflicting information about Sweden. Some claim that “open” Sweden has no higher infection and death rates than its neighbors, a claim contradicted by this report: https://www.zerohedge.com/health/swedens-covid-19-handling-failure-or-success Others tauting the “open” Swedish model ignore that according to the Swedish Riksbank de facto the Swedish economy is closed. Sweden has experienced a sharper drop in first quarter GDP than the US, with the Swedish economy down 11%. The Riksbank’s estimates are a 70 percent decline in restaurants and cafes, a 90% decline in cinema, sports, and other crowd events. a 40% decline in car sales, a 23% fall in exports, a 30% decline in shoes and clothes purchases,
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
PCR is taking a sensible position on Covid-19. Reprinted in full.PCR is taking a sensible position on Covid-19. Reprinted in full. There is a lot of conflicting information about Sweden. Some claim that “open” Sweden has no higher infection and death rates than its neighbors, a claim contradicted by this report: https://www.zerohedge.com/health/swedens-covid-19-handling-failure-or-success Others tauting the “open” Swedish model ignore that according to the Swedish Riksbank de facto the Swedish economy is closed. Sweden has experienced a sharper drop in first quarter GDP than the US, with the Swedish economy down 11%. The Riksbank’s estimates are a 70 percent decline in restaurants and cafes, a 90% decline in cinema, sports, and other crowd events. a 40% decline in car sales, a 23% fall in exports, a 30% decline in shoes and clothes purchases,
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes What kind of ‘rigour’ do RCTs provide?
NewDealdemocrat writes Weekly jobless claims: good news and ‘meh’ news
Angry Bear writes Just Some Business Stats
Lars Pålsson Syll writes Nationalekonomiska Föreningens Årsmöte
There is a lot of conflicting information about Sweden. Some claim that “open” Sweden has no higher infection and death rates than its neighbors, a claim contradicted by this report: https://www.zerohedge.com/health/swedens-covid-19-handling-failure-or-success
Others tauting the “open” Swedish model ignore that according to the Swedish Riksbank de facto the Swedish economy is closed. Sweden has experienced a sharper drop in first quarter GDP than the US, with the Swedish economy down 11%. The Riksbank’s estimates are a 70 percent decline in restaurants and cafes, a 90% decline in cinema, sports, and other crowd events. a 40% decline in car sales, a 23% fall in exports, a 30% decline in shoes and clothes purchases, a 75% drop in Swedish recreational travel.
The “open” Swedish model is a bet on herd immunity which at our present state of knowledge is merely an assumption.
Still others ignore population densities. What might succeed in a low density area would produce a different outcome in high density New York City.
It appears that arguments reflect the authors’ preferences, not the facts.
Some people think the virus is a hoax concocted to serve various agendas. Others think the threat is overblown and that the response is a result of fear and panic. Others understand that little is known about the virus, are confused by disputes about how to treat it, and puzzled by its differing effects on individuals. The claim that it doesn’t affect children is at odds with reports from pediatric hospitals.
President Trump and the neoconservatives are determined to blame China for manufacturing the virus in the Wuhan laboratory despite the fact that the US knew about the research and contributed to its financing, which was approved by Dr. Fauci himself. So when Trump and the warmonger neocons point at China the finger also points at the US.
Paul Craig Roberts