Sunday , November 24 2024
Home / Mike Norman Economics / Johan Giesecke – Does lockdown really decrease Covid deaths? The UK experience suggests not

Johan Giesecke – Does lockdown really decrease Covid deaths? The UK experience suggests not

Summary:
It's looks like I'm a gonna, if everyone is going to catch it. It's interesting how some people don't even know they have it because they don't get any symptoms.It has become clear that a hard lockdown does not protect old and frail people living in care homes – a population the lockdown was designed to protect. Neither does it decrease mortality from Covid-19, which is evident when comparing the UK's experience with that of other European countries. PCR testing and some straightforward assumptions indicate that, as of April 29, 2020, more than half a million people in Stockholm county, Sweden (which is about 20–25 per cent of the region’s population) have been infected. 98 to 99 per cent of these people are probably unaware or uncertain of having had the infection; they either had

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

It's looks like I'm a gonna, if everyone is going to catch it. It's interesting how some people don't even know they have it because they don't get any symptoms.

It has become clear that a hard lockdown does not protect old and frail people living in care homes – a population the lockdown was designed to protect. Neither does it decrease mortality from Covid-19, which is evident when comparing the UK's experience with that of other European countries.

PCR testing and some straightforward assumptions indicate that, as of April 29, 2020, more than half a million people in Stockholm county, Sweden (which is about 20–25 per cent of the region’s population) have been infected. 98 to 99 per cent of these people are probably unaware or uncertain of having had the infection; they either had symptoms that were severe, but not severe enough for them to go to a hospital and get tested, or no symptoms at all. Serology testing is now supporting these assumptions. 

The Spectator 


Johan Giesecke - Does lockdown really decrease Covid deaths? The UK experience suggests not

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *